578 Somerset Ln
Crystal Lake, IL 60014
2 bd 2 ba 989 sqft Built 1976 condos
Most recent sale
$120,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $120,000 | MLS #11458315 |
| Jul 8, 2022 | Listed | $126,000 | MLS #11458315 |
| Jul 2, 2002 | Sold | $90,000 | Public Record |
| Jun 13, 1989 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $31,017 | $10,737 | $41,754 | $3,534 |
| 2022 | $21,497 | $8,667 | $30,164 | $2,288 |
| 2021 | $20,027 | $8,074 | $28,101 | $2,134 |
| 2020 | $19,318 | $7,788 | $27,106 | $2,065 |
| 2019 | $18,490 | $7,454 | $25,944 | $1,991 |
| 2018 | $11,951 | $6,886 | $18,837 | $1,307 |
| 2017 | $11,259 | $6,487 | $17,746 | $1,268 |
| 2016 | $10,560 | $6,084 | $16,644 | $1,200 |
| 2015 | $19,930 | $5,706 | $25,636 | $2,331 |
| 2014 | $18,986 | $5,436 | $24,422 | $2,239 |
| 2013 | $19,822 | $5,676 | $25,498 | $2,257 |
| 2012 | $21,130 | $6,050 | $27,180 | $2,248 |
| 2011 | $23,235 | $6,653 | $29,888 | $2,200 |
| 2010 | $24,832 | $7,110 | $31,942 | $2,182 |
| 2009 | $28,130 | $7,110 | $35,240 | $2,146 |
| 2008 | $28,130 | $7,110 | $35,240 | $2,134 |
| 2007 | $27,353 | $6,914 | $34,267 | $2,076 |
| 2006 | $25,991 | $6,570 | $32,561 | $1,989 |
Property facts
Year built
1976
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
989 sqft
Lot size
—
ZIP code
60014
City
Crystal Lake
Street
Somerset Ln
Coordinates
42.22083, -88.32427
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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 578 Somerset Ln last sell?
578 Somerset Ln most recently sold on Jul 29, 2022 for $120,000.
What is the current tax assessment for 578 Somerset Ln?
The most recent total assessment for 578 Somerset Ln (year 2024) is $41,754 with $3,534 in property tax.
How does 578 Somerset Ln's assessment compare to its last sale price?
The current assessment is 65.2% below the last sale price of $120,000.
When was 578 Somerset Ln built?
578 Somerset Ln was built in 1976.
How does 578 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 578 Somerset Ln?
578 Somerset Ln is a 2 bed, 2 bath, 989 sqft condos.
Is 578 Somerset Ln a flip candidate?
No — 578 Somerset Ln does not appear in our flips dataset.
Is 578 Somerset Ln a tax-appeal candidate?
No — 578 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