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861 Covey Ln

Coal City, IL 60416

2 bd 1 ba 1,056 sqft Built 2006 Lot 6,314 sqft single_family
Most recent sale
$150,500
Mar 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2022 Sold $150,500 MLS #11327011
Feb 17, 2022 Listed $147,500 MLS #11327011
Mar 15, 2021 Sold $132,500 Public Record
Jan 7, 2021 Sold $132,500 MLS #10939998
Nov 23, 2020 Listed $132,500 MLS #10939998
Feb 8, 2018 Sold $102,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $45,660 $9,751 $55,411 $2,820
2022 $39,489 $8,433 $47,922 $3,023
2021 $37,335 $7,973 $45,308 $2,877
2020 $35,958 $7,679 $43,637 $3,198
2019 $34,213 $7,306 $41,519 $3,012
2017 $32,339 $6,906 $39,245 $2,736

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,056 sqft
Lot size
6,314 sqft
ZIP code
60416
City
Coal City
Street
Covey Ln
Coordinates
41.27422, -88.29898

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
$903
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 861 Covey Ln last sell?
861 Covey Ln most recently sold on Mar 15, 2022 for $150,500.
What is the current tax assessment for 861 Covey Ln?
The most recent total assessment for 861 Covey Ln (year 2024) is $55,411 with $2,820 in property tax.
How does 861 Covey Ln's assessment compare to its last sale price?
The current assessment is 63.2% below the last sale price of $150,500.
When was 861 Covey Ln built?
861 Covey Ln was built in 2006.
How does 861 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 861 Covey Ln?
861 Covey Ln is a 2 bed, 1 bath, 1,056 sqft, 6,314 sqft lot single_family.
Is 861 Covey Ln a flip candidate?
No — 861 Covey Ln does not appear in our flips dataset.
Is 861 Covey Ln a tax-appeal candidate?
No — 861 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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