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1221 Farmwood Dr

Addison, IL 60101

4 bd 3 ba 3,045 sqft Built 1979 single_family
Most recent sale
$450,000
Feb 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2023 Sold $550,000 MRED
Apr 23, 2023 Listed $574,900 MRED
Feb 9, 2022 Sold $450,000 MLS #11262195
Nov 10, 2021 Listed $479,900 MLS #11262195
Sep 5, 1989 Sold $156,660 Public Record
Mar 2, 1988 Sold $163,000 Public Record
May 7, 1987 Sold $163,000 Public Record
Mar 1, 1984 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $126,310 $43,320 $169,630 $11,682
2021 $120,990 $41,490 $162,480 $11,188
2020 $115,890 $39,740 $155,630 $10,878
2019 $111,430 $38,210 $149,640 $10,796
2018 $105,490 $37,100 $142,590 $10,682
2017 $100,820 $35,460 $136,280 $10,399
2016 $93,080 $32,740 $125,820 $10,105
2015 $85,990 $30,240 $116,230 $9,837
2014 $79,860 $27,710 $107,570 $9,086
2013 $81,490 $28,280 $109,770 $8,907
2012 $87,020 $30,200 $117,220 $8,767
2011 $96,810 $33,600 $130,410 $8,429
2010 $112,290 $40,280 $152,570 $9,016
2009 $123,480 $44,290 $167,770 $8,844
2008 $123,480 $44,290 $167,770 $8,644
2007 $114,760 $41,160 $155,920 $8,319
2006 $101,810 $37,620 $139,430 $7,380

Property facts

Year built
1979
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,045 sqft
Lot size
ZIP code
60101
City
Addison
Street
Farmwood Dr
Coordinates
41.95010, -88.01776

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1221 Farmwood Dr last sell?
1221 Farmwood Dr most recently sold on Feb 9, 2022 for $450,000.
What is the current tax assessment for 1221 Farmwood Dr?
The most recent total assessment for 1221 Farmwood Dr (year 2022) is $169,630 with $11,682 in property tax.
How does 1221 Farmwood Dr's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $450,000.
When was 1221 Farmwood Dr built?
1221 Farmwood Dr was built in 1979.
How does 1221 Farmwood Dr compare to others on Farmwood Dr?
We track 3 other properties on Farmwood Dr. Browse the list under "Other properties on Farmwood Dr" to compare beds, baths, and sale history.
What are the property facts for 1221 Farmwood Dr?
1221 Farmwood Dr is a 4 bed, 3 bath, 3,045 sqft single_family.
Is 1221 Farmwood Dr a flip candidate?
Yes — 1221 Farmwood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1221 Farmwood Dr a tax-appeal candidate?
No — 1221 Farmwood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+13.8%
2026 Q3
$462.5K
2026 Q4
$475.5K
ZIP 60101 — Median Price History + Forecast

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