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833 Covey Ln

Coal City, IL 60416

2 bd 1 ba 1,048 sqft Built 2004 Lot 5,425 sqft multi_family
Most recent sale
$140,000
Dec 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 26, 2023 Listing removed $95,000 MRED
Dec 29, 2021 Sold $140,000 MLS #11024231
Nov 25, 2014 Sold $68,250 MLS #08566069
Jun 13, 2014 Price changed $80,900 MLS #08566069
May 14, 2014 Price changed $85,900 MLS #08566069
Apr 14, 2014 Price changed $90,500 MLS #08566069
Mar 24, 2014 Listed $94,900 MLS #08566069
Feb 13, 2014 Listing removed $95,000 MRED
Jul 3, 2013 Price changed $95,000 MLS #08359356
Jun 4, 2013 Listed $117,000 MLS #08359356
Jul 16, 2009 Sold $128,000 Public Record
Jun 27, 2005 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $40,297 $9,751 $50,048 $3,474
2022 $34,851 $8,433 $43,284 $3,120
2021 $32,950 $7,973 $40,923 $2,994
2020 $31,735 $7,679 $39,414 $2,889
2019 $30,195 $7,306 $37,501 $2,721
2018 $25,752 $7,207 $32,959 $2,364
2017 $24,676 $6,906 $31,582 $2,212
2016 $23,654 $6,620 $30,274 $2,102
2015 $22,843 $6,393 $29,236 $1,963
2014 $22,877 $6,403 $29,280 $1,939
2013 $23,440 $6,560 $30,000 $1,559
2012 $35,040 $6,880 $41,920 $2,280
2011 $36,560 $7,180 $43,740 $2,262
2010 $38,070 $7,480 $45,550 $2,306
2009 $38,930 $7,650 $46,580 $2,045
2008 $38,360 $7,540 $45,900 $1,884
2007 $35,710 $7,020 $42,730 $1,884
2006 $34,010 $6,680 $40,690 $1,611

Property facts

Year built
2004
Property type
multi_family
Stories
1
Beds
2
Baths
1
Living area
1,048 sqft
Lot size
5,425 sqft
ZIP code
60416
City
Coal City
Street
Covey Ln
Coordinates
41.27481, -88.29718

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 833 Covey Ln last sell?
833 Covey Ln most recently sold on Dec 29, 2021 for $140,000.
What is the current tax assessment for 833 Covey Ln?
The most recent total assessment for 833 Covey Ln (year 2024) is $50,048 with $3,474 in property tax.
How does 833 Covey Ln's assessment compare to its last sale price?
The current assessment is 64.3% below the last sale price of $140,000.
When was 833 Covey Ln built?
833 Covey Ln was built in 2004.
How does 833 Covey Ln compare to others on Covey Ln?
We track 8 other properties on Covey Ln. Browse the list under "Other properties on Covey Ln" to compare beds, baths, and sale history.
What are the property facts for 833 Covey Ln?
833 Covey Ln is a 2 bed, 1 bath, 1,048 sqft, 5,425 sqft lot multi_family.
Is 833 Covey Ln a flip candidate?
No — 833 Covey Ln does not appear in our flips dataset.
Is 833 Covey Ln a tax-appeal candidate?
No — 833 Covey 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
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$309.5K
2026 Q4
$313.5K
ZIP 60416 — Median Price History + Forecast

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