40W157 Oak Tree Ln
Elgin, IL 60124
3 bd 3 ba 2,065 sqft Built 1993 Lot 82,764 sqft single_family
Most recent sale
$420,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $420,000 | MLS #11624070 |
| Sep 8, 2022 | Listed | $400,000 | MLS #11624070 |
| Jan 9, 2004 | Sold | $365,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $109,050 | $33,762 | $142,812 | $9,673 |
| 2024 | $109,050 | $33,762 | $142,812 | $10,360 |
| 2023 | $101,169 | $31,322 | $132,491 | $10,039 |
| 2022 | $80,230 | $24,917 | $105,147 | $9,095 |
| 2021 | $73,818 | $24,072 | $97,890 | $7,725 |
| 2020 | $72,491 | $23,639 | $96,130 | $7,694 |
| 2019 | $71,554 | $23,333 | $94,887 | $7,691 |
| 2018 | $66,845 | $24,106 | $90,951 | $7,289 |
| 2017 | $64,274 | $23,495 | $87,769 | $6,930 |
| 2016 | $62,749 | $22,938 | $85,687 | $7,326 |
| 2015 | $62,749 | $22,938 | $85,687 | $7,630 |
| 2014 | $57,828 | $22,938 | $80,766 | $7,375 |
| 2013 | $60,324 | $23,330 | $83,654 | $7,548 |
| 2012 | $63,499 | $24,997 | $88,496 | $7,416 |
| 2011 | $60,475 | $43,329 | $103,804 | $7,836 |
| 2009 | $86,957 | $40,779 | $127,736 | $8,061 |
| 2008 | $86,957 | $40,779 | $127,736 | $7,953 |
| 2007 | $85,285 | $39,995 | $125,280 | $7,732 |
| 2006 | $85,285 | $39,995 | $125,280 | $7,875 |
Property facts
Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,065 sqft
Lot size
82,764 sqft
ZIP code
60124
City
Elgin
Street
Oak Tree Ln
Coordinates
42.00499, -88.39881
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,717
Gross rental yield
10.62%
Implied cap rate
6.90%
Trend-extrapolated value
—
Frequently asked questions
When did 40W157 Oak Tree Ln last sell?
40W157 Oak Tree Ln most recently sold on Oct 14, 2022 for $420,000.
What is the current tax assessment for 40W157 Oak Tree Ln?
The most recent total assessment for 40W157 Oak Tree Ln (year 2025) is $142,812 with $9,673 in property tax.
How does 40W157 Oak Tree Ln's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $420,000.
When was 40W157 Oak Tree Ln built?
40W157 Oak Tree Ln was built in 1993.
How does 40W157 Oak Tree Ln compare to others on Oak Tree Ln?
We do not currently track other properties on Oak Tree Ln.
What are the property facts for 40W157 Oak Tree Ln?
40W157 Oak Tree Ln is a 3 bed, 3 bath, 2,065 sqft, 82,764 sqft lot single_family.
Is 40W157 Oak Tree Ln a flip candidate?
No — 40W157 Oak Tree Ln does not appear in our flips dataset.
Is 40W157 Oak Tree Ln a tax-appeal candidate?
No — 40W157 Oak Tree 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
-7.3%
Implied 1-yr
-29.3%
2026 Q3
$340.2K
2026 Q4
$340.2K
ZIP 60124 — Median Price History + Forecast
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Geography