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198 Meadow Dr

Cortland, IL 60112

4 bd 3 ba 2,117 sqft Built 2009 Lot 8,276 sqft single_family
Most recent sale
$222,800
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $222,800 MLS #11466922
Aug 19, 2022 Listed $225,000 MLS #11466922
Jan 4, 2010 Sold $159,500 Public Record
Jul 6, 2009 Price changed $168,650 MLS #07166289
Jun 15, 2009 Price changed $165,430 MLS #07166289
Apr 19, 2009 Price changed $148,500 MLS #07166289
Mar 20, 2009 Listed $156,500 MLS #07166289

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,879 $14,175 $84,054 $8,322
2024 $69,879 $14,175 $84,054 $8,259
2023 $65,694 $13,326 $79,020 $8,621
2022 $40,952 $11,898 $52,850 $6,890
2021 $38,991 $11,328 $50,319 $6,884
2020 $37,775 $10,975 $48,750 $6,841
2019 $37,105 $10,514 $47,619 $6,753
2018 $35,091 $9,943 $45,034 $6,562
2017 $33,407 $9,466 $42,873 $6,452
2016 $28,943 $8,897 $37,840 $5,910
2015 $27,179 $8,355 $35,534 $5,795
2014 $31,820 $8,041 $39,861 $6,370
2013 $30,275 $10,201 $40,476 $6,174
2012 $33,295 $12,503 $45,798 $6,331
2011 $36,741 $13,797 $50,538 $6,134
2010 $39,588 $11,792 $51,380 $5,923
2009 $50 $50 $1,810

Property facts

Year built
2009
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,117 sqft
Lot size
8,276 sqft
ZIP code
60112
City
Cortland
Street
Meadow Dr
Coordinates
41.92966, -88.69592

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
$1,337
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 198 Meadow Dr last sell?
198 Meadow Dr most recently sold on Oct 7, 2022 for $222,800.
What is the current tax assessment for 198 Meadow Dr?
The most recent total assessment for 198 Meadow Dr (year 2025) is $84,054 with $8,322 in property tax.
How does 198 Meadow Dr's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $222,800.
When was 198 Meadow Dr built?
198 Meadow Dr was built in 2009.
How does 198 Meadow Dr compare to others on Meadow Dr?
We track 8 other properties on Meadow Dr. Browse the list under "Other properties on Meadow Dr" to compare beds, baths, and sale history.
What are the property facts for 198 Meadow Dr?
198 Meadow Dr is a 4 bed, 3 bath, 2,117 sqft, 8,276 sqft lot single_family.
Is 198 Meadow Dr a flip candidate?
No — 198 Meadow Dr does not appear in our flips dataset.
Is 198 Meadow Dr a tax-appeal candidate?
No — 198 Meadow Dr 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$290.3K
2026 Q4
$297.3K
ZIP 60112 — Median Price History + Forecast

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