640 Lyle Ave
Elgin, IL 60123
3 bd 3 ba 1,758 sqft Built 1987 single_family
Most recent sale
$320,000
Jul 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2022 | Sold | $320,000 | MLS #11407371 |
| May 18, 2022 | Listed | $299,900 | MLS #11407371 |
| Jun 22, 2017 | Listing removed | $1,700 | AppfolioUnits |
| Jun 21, 2017 | Listing removed | $1,700 | MRED |
| May 16, 2017 | Listed for rent | $1,700 | MRED |
| Apr 28, 2017 | Listed for rent | $1,700 | AppfolioUnits |
| May 19, 2015 | Listing removed | $1,700 | MRED |
| Apr 16, 2015 | Listed for rent | $1,750 | MRED |
| Jul 1, 2008 | Sold | $230,000 | Public Record |
| Jan 8, 2004 | Sold | $240,000 | Public Record |
| May 31, 1996 | Sold | $155,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $82,719 | $34,594 | $117,313 | $8,339 |
| 2024 | $82,719 | $34,594 | $117,313 | $8,007 |
| 2023 | $76,190 | $31,863 | $108,053 | $7,639 |
| 2022 | $62,763 | $26,248 | $89,011 | $7,718 |
| 2021 | $58,679 | $24,540 | $83,219 | $7,424 |
| 2020 | $56,018 | $23,427 | $79,445 | $7,245 |
| 2019 | $53,361 | $22,316 | $75,677 | $7,068 |
| 2018 | $50,269 | $21,023 | $71,292 | $7,048 |
| 2017 | $47,522 | $19,874 | $67,396 | $6,314 |
| 2016 | $44,088 | $18,438 | $62,526 | $6,028 |
| 2015 | $40,411 | $16,900 | $57,311 | $5,950 |
| 2014 | $39,912 | $16,691 | $56,603 | $6,355 |
| 2013 | $40,965 | $17,131 | $58,096 | $5,306 |
| 2012 | $44,248 | $18,504 | $62,752 | $5,800 |
| 2011 | $49,533 | $20,714 | $70,247 | $5,937 |
| 2009 | $54,823 | $22,926 | $77,749 | $6,337 |
| 2008 | $61,868 | $24,578 | $86,446 | $6,054 |
| 2007 | $65,961 | $23,788 | $89,749 | $6,440 |
| 2006 | $63,308 | $22,831 | $86,139 | $6,462 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,758 sqft
Lot size
—
ZIP code
60123
City
Elgin
Street
Lyle Ave
Coordinates
42.05088, -88.33031
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,164
Gross rental yield
11.87%
Implied cap rate
7.71%
Trend-extrapolated value
—
Frequently asked questions
When did 640 Lyle Ave last sell?
640 Lyle Ave most recently sold on Jul 8, 2022 for $320,000.
What is the current tax assessment for 640 Lyle Ave?
The most recent total assessment for 640 Lyle Ave (year 2025) is $117,313 with $8,339 in property tax.
How does 640 Lyle Ave's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $320,000.
When was 640 Lyle Ave built?
640 Lyle Ave was built in 1987.
How does 640 Lyle Ave compare to others on Lyle Ave?
We track 8 other properties on Lyle Ave. Browse the list under "Other properties on Lyle Ave" to compare beds, baths, and sale history.
What are the property facts for 640 Lyle Ave?
640 Lyle Ave is a 3 bed, 3 bath, 1,758 sqft single_family.
Is 640 Lyle Ave a flip candidate?
No — 640 Lyle Ave does not appear in our flips dataset.
Is 640 Lyle Ave a tax-appeal candidate?
No — 640 Lyle Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast
Explore nearby
Other properties on Lyle Ave