571 Somerset Ln
Crystal Lake, IL 60014
2 bd 2 ba 1,158 sqft Built 1973 condos
Most recent sale
$115,000
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 3, 2024 | Listing removed | $1,625 | MRED |
| Dec 1, 2023 | Price changed for rent | $1,625 | MRED |
| Oct 23, 2023 | Listed for rent | $1,675 | MRED |
| Sep 1, 2022 | Listing removed | $1,575 | MRED |
| Jun 8, 2022 | Sold | $115,000 | Public Record |
| Jun 7, 2022 | Listed for rent | $1,575 | MRED |
| May 25, 2022 | Sold | $115,000 | MLS #11376612 |
| Apr 20, 2022 | Listed | $125,000 | MLS #11376612 |
| May 11, 2018 | Sold | $44,900 | MLS #07314975 |
| Oct 6, 2009 | Sold | $44,900 | Public Record |
| Sep 13, 2009 | Listing removed | $44,900 | NorthWestILAlliance |
| Sep 8, 2009 | Listed | $44,900 | MLS #07314975 |
| Sep 2, 2009 | Listed | $44,900 | MLS #48120 |
| Dec 1, 2004 | Sold | $115,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $29,766 | $10,737 | $40,503 | $3,428 |
| 2022 | $20,830 | $8,667 | $29,497 | $2,794 |
| 2021 | $19,406 | $8,074 | $27,480 | $2,653 |
| 2020 | $18,719 | $7,788 | $26,507 | $2,593 |
| 2019 | $17,916 | $7,454 | $25,370 | $2,532 |
| 2018 | $12,447 | $6,886 | $19,333 | $1,968 |
| 2017 | $11,726 | $6,487 | $18,213 | $1,966 |
| 2016 | $10,998 | $6,084 | $17,082 | $1,926 |
| 2015 | $18,701 | $5,706 | $24,407 | $2,896 |
| 2014 | $17,816 | $5,436 | $23,252 | $2,826 |
| 2013 | $18,601 | $5,676 | $24,277 | $2,810 |
| 2012 | $19,828 | $6,050 | $25,878 | $2,728 |
| 2011 | $21,803 | $6,653 | $28,456 | $2,608 |
| 2010 | $23,301 | $7,110 | $30,411 | $2,538 |
| 2009 | $26,440 | $7,110 | $33,550 | $2,462 |
| 2008 | $26,440 | $7,110 | $33,550 | $2,407 |
| 2007 | $25,710 | $6,914 | $32,624 | $2,314 |
| 2006 | $24,430 | $6,570 | $31,000 | $2,237 |
Property facts
Year built
1973
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,158 sqft
Lot size
—
ZIP code
60014
City
Crystal Lake
Street
Somerset Ln
Coordinates
42.22082, -88.32179
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
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 571 Somerset Ln last sell?
571 Somerset Ln most recently sold on Jun 8, 2022 for $115,000.
What is the current tax assessment for 571 Somerset Ln?
The most recent total assessment for 571 Somerset Ln (year 2024) is $40,503 with $3,428 in property tax.
How does 571 Somerset Ln's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $115,000.
When was 571 Somerset Ln built?
571 Somerset Ln was built in 1973.
How does 571 Somerset Ln compare to others on Somerset Ln?
We track 8 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 571 Somerset Ln?
571 Somerset Ln is a 2 bed, 2 bath, 1,158 sqft condos.
Is 571 Somerset Ln a flip candidate?
No — 571 Somerset Ln does not appear in our flips dataset.
Is 571 Somerset Ln a tax-appeal candidate?
No — 571 Somerset 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
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$388.3K
2026 Q4
$396.9K
ZIP 60014 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Ln