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500 Penny Ln

Crystal Lake, IL 60014

2 bd 3 ba 1,661 sqft Built 1992 townhomes
Most recent sale
$239,900
Jan 31, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2023 Sold $239,900 MRED
Nov 17, 2022 Price changed $245,000 MRED
Oct 20, 2022 Listing removed $249,900 MRED
Oct 20, 2022 Listed $249,900 MRED
Aug 27, 1998 Sold $133,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,262 $16,072 $85,334 $5,601
2024 $64,066 $14,866 $78,932 $5,354
2022 $50,667 $12,595 $63,262 $4,988
2021 $47,202 $11,734 $58,936 $4,665
2020 $45,531 $11,319 $56,850 $4,520
2019 $43,579 $10,834 $54,413 $4,364
2018 $41,124 $10,008 $51,132 $4,120
2017 $38,741 $9,428 $48,169 $4,044
2016 $36,336 $8,843 $45,179 $3,884
2015 $40,335 $8,294 $48,629 $4,501
2014 $38,425 $7,901 $46,326 $4,339
2013 $40,118 $8,249 $48,367 $4,359
2012 $42,765 $8,793 $51,558 $4,442
2011 $48,283 $9,669 $57,952 $4,446
2010 $51,601 $10,333 $61,934 $4,399
2008 $57,997 $10,333 $68,330 $4,254
2007 $56,395 $10,048 $66,443 $4,142
2006 $53,587 $9,548 $63,135 $3,973

Property facts

Year built
1992
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,661 sqft
Lot size
ZIP code
60014
City
Crystal Lake
Street
Penny Ln
Coordinates
42.19594, -88.34122

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,439
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 500 Penny Ln last sell?
500 Penny Ln most recently sold on Jan 31, 2023 for $239,900.
What is the current tax assessment for 500 Penny Ln?
The most recent total assessment for 500 Penny Ln (year 2025) is $85,334 with $5,601 in property tax.
How does 500 Penny Ln's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $239,900.
When was 500 Penny Ln built?
500 Penny Ln was built in 1992.
How does 500 Penny Ln compare to others on Penny Ln?
We track 8 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 500 Penny Ln?
500 Penny Ln is a 2 bed, 3 bath, 1,661 sqft townhomes.
Is 500 Penny Ln a flip candidate?
No — 500 Penny Ln does not appear in our flips dataset.
Is 500 Penny Ln a tax-appeal candidate?
No — 500 Penny 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
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$388.3K
2026 Q4
$396.9K
ZIP 60014 — Median Price History + Forecast

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