2502 Iris Ln
Crest Hill, IL 60403
3 bd 2 ba 1,406 sqft Built 1979 townhomes
Most recent sale
$225,000
Apr 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2022 | Sold | $225,000 | MLS #11345079 |
| Mar 11, 2022 | Listed | $220,000 | MLS #11345079 |
| Jan 27, 2022 | Sold | $160,000 | MLS #11274627 |
| Nov 21, 2021 | Listed | $159,900 | MLS #11274627 |
| Oct 26, 1989 | Sold | $54,200 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $58,242 | $1 | $58,243 | $3,783 |
| 2022 | $49,027 | $1 | $49,028 | $3,561 |
| 2021 | $45,820 | $1 | $45,821 | $3,345 |
| 2020 | $42,400 | — | $42,400 | $3,108 |
| 2019 | $40,400 | — | $40,400 | $2,984 |
| 2018 | $39,032 | — | $39,032 | $2,934 |
| 2017 | $37,092 | — | $37,092 | $2,828 |
| 2016 | $35,376 | — | $35,376 | $2,745 |
| 2015 | $33,139 | — | $33,139 | $2,662 |
| 2014 | $31,969 | — | $31,969 | $2,567 |
| 2013 | $39,961 | — | $39,961 | $3,287 |
| 2012 | $40,881 | — | $40,882 | $3,154 |
| 2011 | $41,470 | — | $41,470 | $3,417 |
| 2010 | $42,316 | $1 | $42,317 | $3,233 |
| 2009 | $44,079 | $1 | $44,080 | $2,726 |
| 2008 | $44,079 | $1 | $44,080 | $2,717 |
| 2007 | $37,189 | $1 | $37,190 | $2,244 |
| 2006 | $35,652 | $1 | $35,653 | $2,164 |
Property facts
Year built
1979
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,406 sqft
Lot size
—
ZIP code
60403
City
Crest Hill
Street
Iris Ln
Coordinates
41.56207, -88.14636
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,531
Gross rental yield
13.50%
Implied cap rate
8.77%
Trend-extrapolated value
—
Frequently asked questions
When did 2502 Iris Ln last sell?
2502 Iris Ln most recently sold on Apr 8, 2022 for $225,000.
What is the current tax assessment for 2502 Iris Ln?
The most recent total assessment for 2502 Iris Ln (year 2024) is $58,243 with $3,783 in property tax.
How does 2502 Iris Ln's assessment compare to its last sale price?
The current assessment is 74.1% below the last sale price of $225,000.
When was 2502 Iris Ln built?
2502 Iris Ln was built in 1979.
How does 2502 Iris Ln compare to others on Iris Ln?
We track 6 other properties on Iris Ln. Browse the list under "Other properties on Iris Ln" to compare beds, baths, and sale history.
What are the property facts for 2502 Iris Ln?
2502 Iris Ln is a 3 bed, 2 bath, 1,406 sqft townhomes.
Is 2502 Iris Ln a flip candidate?
Yes — 2502 Iris Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2502 Iris Ln a tax-appeal candidate?
No — 2502 Iris Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$287.5K
2026 Q4
$289.6K
ZIP 60403 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Iris Ln