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225 Lake Blvd

Buffalo Grove, IL 60089

2 bd 2 ba 1,175 sqft Built 1976 condos
Most recent sale
$215,000
Apr 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Sold $215,000 MRED
Feb 23, 2024 Listed $215,000 MRED
Nov 7, 2011 Listing removed $118,900 MRED
Jun 20, 2011 Price changed $118,900 MRED
Jun 17, 2011 Price changed $118,000 MRED
Jun 14, 2011 Price changed $120,000 MRED
May 6, 2011 Listed $127,000 MRED
May 6, 2011 Listing removed $127,000 MRED
Apr 30, 2011 Price changed $127,000 MRED
Oct 29, 2010 Price changed $132,000 MRED
Jun 15, 2010 Price changed $139,900 MRED
May 6, 2010 Listed $149,900 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $13,835 $386 $14,221 $4,551
2022 $13,835 $386 $14,221 $4,378
2021 $10,984 $96 $11,080 $3,914
2020 $10,984 $96 $11,080 $3,809
2019 $12,202 $96 $12,298 $3,807
2018 $9,127 $85 $9,212 $3,172
2017 $9,127 $85 $9,212 $3,114
2016 $9,127 $85 $9,212 $2,893
2015 $7,599 $182 $7,781 $2,643
2014 $7,599 $182 $7,781 $2,599
2013 $6,526 $182 $6,708 $2,071
2012 $10,063 $203 $10,266 $2,982
2011 $10,063 $203 $10,266 $2,826
2010 $10,063 $203 $10,266 $2,780
2009 $14,068 $730 $14,798 $2,411
2007 $14,744 $1,168 $15,912 $791
2006 $13,348 $1,064 $14,412 $869

Property facts

Year built
1976
Property type
condos
Stories
4
Beds
2
Baths
2
Living area
1,175 sqft
Lot size
ZIP code
60089
City
Buffalo Grove
Street
Lake Blvd
Coordinates
42.13660, -87.95534

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
$2,115
Gross rental yield
11.80%
Implied cap rate
7.67%
Trend-extrapolated value

Frequently asked questions

When did 225 Lake Blvd last sell?
225 Lake Blvd most recently sold on Apr 11, 2024 for $215,000.
What is the current tax assessment for 225 Lake Blvd?
The most recent total assessment for 225 Lake Blvd (year 2023) is $14,221 with $4,551 in property tax.
How does 225 Lake Blvd's assessment compare to its last sale price?
The current assessment is 93.4% below the last sale price of $215,000.
When was 225 Lake Blvd built?
225 Lake Blvd was built in 1976.
How does 225 Lake Blvd compare to others on Lake Blvd?
We track 8 other properties on Lake Blvd. Browse the list under "Other properties on Lake Blvd" to compare beds, baths, and sale history.
What are the property facts for 225 Lake Blvd?
225 Lake Blvd is a 2 bed, 2 bath, 1,175 sqft condos.
Is 225 Lake Blvd a flip candidate?
No — 225 Lake Blvd does not appear in our flips dataset.
Is 225 Lake Blvd a tax-appeal candidate?
No — 225 Lake Blvd 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
+2.2%
Implied 1-yr
+8.8%
2026 Q3
$533K
2026 Q4
$543.3K
ZIP 60089 — Median Price History + Forecast

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