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37W721 Orchard Ln

Elgin, IL 60124

5 bd 5 ba 3,000 sqft Built 1988 Lot 45,302 sqft single_family
Most recent sale
$525,000
Feb 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2022 Sold $525,000 MLS #11296329
Jan 1, 2022 Listed $525,000 MLS #11296329

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,029 $39,388 $181,417 $12,019
2024 $142,029 $39,388 $181,417 $12,665
2023 $130,818 $36,279 $167,097 $12,111
2022 $107,763 $29,885 $137,648 $11,476
2021 $100,751 $27,940 $128,691 $10,959
2020 $96,182 $26,673 $122,855 $10,605
2019 $91,619 $25,408 $117,027 $10,193
2018 $86,311 $23,936 $110,247 $9,547
2017 $81,595 $22,628 $104,223 $9,111
2016 $75,698 $20,993 $96,691 $9,127
2015 $69,384 $19,242 $88,626 $8,680
2014 $68,527 $19,004 $87,531 $8,871
2013 $70,335 $19,505 $89,840 $8,916
2012 $75,972 $21,068 $97,040 $8,781
2011 $85,046 $23,585 $108,631 $8,722
2009 $94,129 $26,104 $120,233 $9,204
2008 $112,642 $27,985 $140,627 $8,989
2007 $115,981 $27,086 $143,067 $9,042
2006 $111,317 $25,997 $137,314 $8,439

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
5
Baths
5
Living area
3,000 sqft
Lot size
45,302 sqft
ZIP code
60124
City
Elgin
Street
Orchard Ln
Coordinates
42.04407, -88.35540

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,400
Gross rental yield
12.34%
Implied cap rate
8.02%
Trend-extrapolated value

Frequently asked questions

When did 37W721 Orchard Ln last sell?
37W721 Orchard Ln most recently sold on Feb 22, 2022 for $525,000.
What is the current tax assessment for 37W721 Orchard Ln?
The most recent total assessment for 37W721 Orchard Ln (year 2025) is $181,417 with $12,019 in property tax.
How does 37W721 Orchard Ln's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $525,000.
When was 37W721 Orchard Ln built?
37W721 Orchard Ln was built in 1988.
How does 37W721 Orchard Ln compare to others on Orchard Ln?
We track 7 other properties on Orchard Ln. Browse the list under "Other properties on Orchard Ln" to compare beds, baths, and sale history.
What are the property facts for 37W721 Orchard Ln?
37W721 Orchard Ln is a 5 bed, 5 bath, 3,000 sqft, 45,302 sqft lot single_family.
Is 37W721 Orchard Ln a flip candidate?
No — 37W721 Orchard Ln does not appear in our flips dataset.
Is 37W721 Orchard Ln a tax-appeal candidate?
No — 37W721 Orchard 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
-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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