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225 Lake Blvd

Buffalo Grove, IL 60089

2 bd 2 ba 1,875 sqft Built 1971 condos
Most recent sale
$230,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2026 Price changed $339,000 MRED
Apr 8, 2026 Price changed $345,000 MRED
Mar 25, 2026 Listed $349,500 MRED
Apr 25, 2022 Sold $230,000 MLS #11305749
Mar 2, 2022 Price changed $249,900 MLS #11305749
Feb 20, 2022 Price changed $265,000 MLS #11305749
Jan 20, 2022 Listed $279,900 MLS #11305749

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $22,107 $617 $22,724 $7,272
2022 $22,107 $617 $22,724 $6,997
2021 $17,551 $154 $17,705 $1,239
2020 $17,551 $154 $17,705 $1,123
2019 $19,498 $154 $19,652 $1,119
2018 $14,584 $137 $14,721 $2,704
2017 $14,584 $137 $14,721 $1,726
2016 $14,584 $137 $14,721 $2,367
2015 $12,143 $291 $12,434 $2,690
2014 $12,143 $291 $12,434 $2,590
2013 $10,428 $291 $10,719 $2,034
2012 $16,079 $325 $16,404 $3,523
2011 $16,079 $325 $16,404 $3,590
2010 $16,079 $325 $16,404 $3,622
2009 $22,478 $1,166 $23,644 $4,526
2008 $23,558 $1,866 $25,424 $3,951
2007 $23,558 $1,866 $25,424 $3,800
2006 $21,329 $1,701 $23,030 $3,883

Property facts

Year built
1971
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,875 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
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 225 Lake Blvd last sell?
225 Lake Blvd most recently sold on Apr 25, 2022 for $230,000.
What is the current tax assessment for 225 Lake Blvd?
The most recent total assessment for 225 Lake Blvd (year 2023) is $22,724 with $7,272 in property tax.
How does 225 Lake Blvd's assessment compare to its last sale price?
The current assessment is 90.1% below the last sale price of $230,000.
When was 225 Lake Blvd built?
225 Lake Blvd was built in 1971.
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, 1,875 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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