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225 Lake Blvd

Buffalo Grove, IL 60089

2 bd 2 ba 1,875 sqft Built 1974 condos
Most recent sale
$225,000
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $225,000 MLS #11293835
Dec 24, 2021 Listed $225,000 MLS #11293835
Feb 28, 2019 Sold $192,000 MLS #10084512
Jan 7, 2019 Price changed $210,900 MLS #10084512
Sep 30, 2018 Price changed $229,900 MLS #10084512
Sep 16, 2018 Listed $239,900 MLS #10084512
May 20, 1985 Sold $104,500 Public Record
May 1, 1985 Sold $110,500 Public Record
Jul 1, 1983 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $22,107 $617 $22,724 $6,211
2022 $22,107 $617 $22,724 $5,101
2021 $17,551 $154 $17,705 $4,137
2020 $17,551 $154 $17,705 $4,167
2019 $19,498 $154 $19,652 $1,118
2018 $14,584 $137 $14,721 $2,703
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 $2,033
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 $4,319
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
1974
Property type
condos
Stories
4
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
$1,350
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 Mar 11, 2022 for $225,000.
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 $6,211 in property tax.
How does 225 Lake Blvd's assessment compare to its last sale price?
The current assessment is 89.9% below the last sale price of $225,000.
When was 225 Lake Blvd built?
225 Lake Blvd was built in 1974.
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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