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1002 Reserve Dr

Elgin, IL 60124

2 bd 1,800 sqft Built 2007 Lot 2,014 sqft single_family
Most recent sale
$274,000
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2024 Listed $295,000 MRED
Sep 9, 2024 Price changed $295,000 MRED
Aug 24, 2024 Listed $299,900 MRED
Aug 8, 2022 Sold $274,000 Public Record
Jul 5, 2022 Sold $274,000 MLS #11381588
Apr 21, 2022 Listed $265,000 MLS #11381588
Jan 15, 2018 Listing removed $1,650 ShowMojo
Dec 27, 2017 Listed for rent $1,650 ShowMojo
Mar 20, 2009 Sold $216,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $54,395 $19,760 $74,155 $5,294
2023 $54,395 $19,760 $74,155 $5,028
2022 $44,809 $16,278 $61,087 $4,776
2021 $41,893 $15,219 $57,112 $4,560
2020 $39,993 $14,529 $54,522 $4,425
2019 $38,096 $13,840 $51,936 $4,290
2018 $45,699 $13,038 $58,737 $5,213
2017 $43,202 $12,326 $55,528 $5,094
2016 $40,080 $11,435 $51,515 $4,854
2015 $36,737 $10,481 $47,218 $4,779
2014 $36,283 $10,352 $46,635 $5,103
2013 $37,240 $10,625 $47,865 $4,264
2012 $40,225 $11,477 $51,702 $4,670
2011 $45,030 $12,848 $57,878 $4,794
2009 $49,839 $14,220 $64,059 $4,937

Property facts

Year built
2007
Property type
single_family
Stories
Beds
2
Baths
Living area
1,800 sqft
Lot size
2,014 sqft
ZIP code
60124
City
Elgin
Street
Reserve Dr
Coordinates
42.00613, -88.34410

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,240
Gross rental yield
14.19%
Implied cap rate
9.22%
Trend-extrapolated value

Frequently asked questions

When did 1002 Reserve Dr last sell?
1002 Reserve Dr most recently sold on Jul 5, 2022 for $274,000.
What is the current tax assessment for 1002 Reserve Dr?
The most recent total assessment for 1002 Reserve Dr (year 2024) is $74,155 with $5,294 in property tax.
How does 1002 Reserve Dr's assessment compare to its last sale price?
The current assessment is 72.9% below the last sale price of $274,000.
When was 1002 Reserve Dr built?
1002 Reserve Dr was built in 2007.
How does 1002 Reserve Dr compare to others on Reserve Dr?
We track 8 other properties on Reserve Dr. Browse the list under "Other properties on Reserve Dr" to compare beds, baths, and sale history.
What are the property facts for 1002 Reserve Dr?
1002 Reserve Dr is a 2 bed, 1,800 sqft, 2,014 sqft lot single_family.
Is 1002 Reserve Dr a flip candidate?
No — 1002 Reserve Dr does not appear in our flips dataset.
Is 1002 Reserve Dr a tax-appeal candidate?
No — 1002 Reserve Dr 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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