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531 Orchard Ln

Beecher, IL 60401

3 bd 2 ba 1,850 sqft Built 1956 Lot 19,602 sqft single_family
Most recent sale
$255,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $255,000 MLS #11300773
Mar 23, 2022 Price changed $259,500 MLS #11300773
Mar 9, 2022 Price changed $262,500 MLS #11300773
Feb 24, 2022 Price changed $269,000 MLS #11300773
Feb 3, 2022 Price changed $274,200 MLS #11300773
Jan 22, 2022 Price changed $276,500 MLS #11300773
Jan 13, 2022 Listed $278,500 MLS #11300773
Dec 22, 2011 Sold $115,000 Public Record
Oct 1, 2010 Listing removed $173,000 MRED
Aug 2, 2010 Price changed $173,000 MLS #07329402
Jun 4, 2010 Price changed $179,000 MLS #07329402
Sep 25, 2009 Listed $187,500 MLS #07329402

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $50,928 $14,974 $65,902 $4,281
2022 $42,333 $12,447 $54,780 $3,752
2021 $39,234 $11,536 $50,770 $4,348
2020 $36,582 $10,756 $47,338 $4,204
2019 $34,388 $10,111 $44,499 $4,011
2018 $32,289 $9,494 $41,783 $3,890
2017 $31,173 $9,166 $40,339 $3,791
2016 $31,173 $9,166 $40,339 $3,873
2015 $30,834 $9,066 $39,900 $3,792
2014 $27,360 $9,158 $36,518 $3,290
2013 $28,577 $9,566 $38,143 $3,300
2012 $44,114 $10,177 $54,291 $4,749
2011 $47,287 $10,909 $58,196 $5,272
2010 $47,886 $11,047 $58,933 $4,971
2009 $48,566 $11,204 $59,770 $4,800
2008 $48,566 $11,204 $59,770 $3,896
2007 $45,161 $10,418 $55,579 $1,862
2006 $41,777 $9,637 $51,414 $1,942

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,850 sqft
Lot size
19,602 sqft
ZIP code
60401
City
Beecher
Street
Orchard Ln
Coordinates
41.34780, -87.62299

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,530
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 531 Orchard Ln last sell?
531 Orchard Ln most recently sold on May 6, 2022 for $255,000.
What is the current tax assessment for 531 Orchard Ln?
The most recent total assessment for 531 Orchard Ln (year 2024) is $65,902 with $4,281 in property tax.
How does 531 Orchard Ln's assessment compare to its last sale price?
The current assessment is 74.2% below the last sale price of $255,000.
When was 531 Orchard Ln built?
531 Orchard Ln was built in 1956.
How does 531 Orchard Ln compare to others on Orchard Ln?
We track 8 other properties on Orchard Ln. Browse the list under "Other properties on Orchard Ln" to compare beds, baths, and sale history.
What are the property facts for 531 Orchard Ln?
531 Orchard Ln is a 3 bed, 2 bath, 1,850 sqft, 19,602 sqft lot single_family.
Is 531 Orchard Ln a flip candidate?
No — 531 Orchard Ln does not appear in our flips dataset.
Is 531 Orchard Ln a tax-appeal candidate?
No — 531 Orchard Ln 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
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$295.2K
2026 Q4
$298.5K
ZIP 60401 — Median Price History + Forecast

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