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701 Lake Park Dr

Addison, IL 60101

3 bd 2 ba 1,100 sqft Built 1962 Lot 6,791 sqft single_family
Most recent sale
$270,100
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 22, 2026 Sold $355,000 MRED
Mar 30, 2026 Listed $330,000 MRED
Apr 1, 2022 Sold $270,100 MLS #11330267
Feb 22, 2022 Listed $299,900 MLS #11330267
Jun 25, 2018 Sold $222,000 MLS #09946603
May 11, 2018 Listed $239,900 MLS #09946603
Dec 20, 2017 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $43,468 $42,022 $85,490 $6,025
2022 $37,900 $36,610 $74,510 $5,487
2021 $36,300 $35,070 $71,370 $5,271
2020 $34,770 $33,590 $68,360 $5,141
2019 $33,430 $32,300 $65,730 $5,118
2018 $31,820 $30,750 $62,570 $5,079
2017 $30,410 $29,390 $59,800 $4,964
2016 $28,080 $27,130 $55,210 $4,859
2015 $25,940 $25,060 $51,000 $4,767
2014 $28,610 $22,970 $51,580 $4,853
2013 $29,190 $23,440 $52,630 $4,746
2012 $31,170 $25,030 $56,200 $4,595
2011 $34,670 $27,840 $62,510 $4,376
2010 $37,750 $29,670 $67,420 $4,264
2009 $41,510 $32,620 $74,130 $4,155
2008 $41,510 $32,620 $74,130 $4,049
2007 $38,580 $30,320 $68,900 $3,798
2006 $37,100 $29,840 $66,940 $3,675

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,100 sqft
Lot size
6,791 sqft
ZIP code
60101
City
Addison
Street
Lake Park Dr
Coordinates
41.92106, -88.00599

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,980
Gross rental yield
8.80%
Implied cap rate
5.72%
Trend-extrapolated value

Frequently asked questions

When did 701 Lake Park Dr last sell?
701 Lake Park Dr most recently sold on Apr 1, 2022 for $270,100.
What is the current tax assessment for 701 Lake Park Dr?
The most recent total assessment for 701 Lake Park Dr (year 2024) is $85,490 with $6,025 in property tax.
How does 701 Lake Park Dr's assessment compare to its last sale price?
The current assessment is 68.3% below the last sale price of $270,100.
When was 701 Lake Park Dr built?
701 Lake Park Dr was built in 1962.
How does 701 Lake Park Dr compare to others on Lake Park Dr?
We track 6 other properties on Lake Park Dr. Browse the list under "Other properties on Lake Park Dr" to compare beds, baths, and sale history.
What are the property facts for 701 Lake Park Dr?
701 Lake Park Dr is a 3 bed, 2 bath, 1,100 sqft, 6,791 sqft lot single_family.
Is 701 Lake Park Dr a flip candidate?
No — 701 Lake Park Dr does not appear in our flips dataset.
Is 701 Lake Park Dr a tax-appeal candidate?
No — 701 Lake Park 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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