1097 Cypress Ln
Elk Grove Village, IL 60007
3 bd 2 ba 1,430 sqft Built 1962 Lot 7,200 sqft single_family
Most recent sale
$345,000
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 11, 2022 | Sold | $345,000 | MLS #11437748 |
| Jun 16, 2022 | Listed | $349,000 | MLS #11437748 |
| Jun 18, 2008 | Sold | $245,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $20,840 | $6,160 | $27,000 | $6,014 |
| 2022 | $20,840 | $6,160 | $27,000 | $5,761 |
| 2021 | $16,247 | $3,850 | $20,097 | $4,654 |
| 2020 | $16,247 | $3,850 | $20,097 | $4,544 |
| 2019 | $22,447 | $3,850 | $26,297 | $5,567 |
| 2018 | $18,433 | $3,465 | $21,898 | $5,065 |
| 2017 | $18,433 | $3,465 | $21,898 | $5,045 |
| 2016 | $18,433 | $3,465 | $21,898 | $4,936 |
| 2015 | $16,988 | $2,887 | $19,875 | $4,620 |
| 2014 | $16,988 | $2,887 | $19,875 | $4,570 |
| 2013 | $16,988 | $2,887 | $19,875 | $4,451 |
| 2012 | $21,319 | $3,272 | $24,591 | $5,142 |
| 2011 | $21,319 | $3,272 | $24,591 | $4,980 |
| 2010 | $21,319 | $3,272 | $24,591 | $5,291 |
| 2009 | $21,007 | $3,465 | $24,472 | $4,873 |
| 2008 | $24,436 | $5,544 | $29,980 | $4,987 |
| 2007 | $24,436 | $5,544 | $29,980 | $2,828 |
| 2006 | $18,602 | $4,620 | $23,222 | $2,920 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,430 sqft
Lot size
7,200 sqft
ZIP code
60007
City
Elk Grove Village
Street
Cypress Ln
Coordinates
41.99996, -87.99429
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,574
Gross rental yield
8.95%
Implied cap rate
5.82%
Trend-extrapolated value
—
Frequently asked questions
When did 1097 Cypress Ln last sell?
1097 Cypress Ln most recently sold on Aug 11, 2022 for $345,000.
What is the current tax assessment for 1097 Cypress Ln?
The most recent total assessment for 1097 Cypress Ln (year 2023) is $27,000 with $6,014 in property tax.
How does 1097 Cypress Ln's assessment compare to its last sale price?
The current assessment is 92.2% below the last sale price of $345,000.
When was 1097 Cypress Ln built?
1097 Cypress Ln was built in 1962.
How does 1097 Cypress Ln compare to others on Cypress Ln?
We track 5 other properties on Cypress Ln. Browse the list under "Other properties on Cypress Ln" to compare beds, baths, and sale history.
What are the property facts for 1097 Cypress Ln?
1097 Cypress Ln is a 3 bed, 2 bath, 1,430 sqft, 7,200 sqft lot single_family.
Is 1097 Cypress Ln a flip candidate?
No — 1097 Cypress Ln does not appear in our flips dataset.
Is 1097 Cypress Ln a tax-appeal candidate?
No — 1097 Cypress 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
-0.7%
Implied 1-yr
-2.9%
2026 Q3
$397.5K
2026 Q4
$394.5K
ZIP 60007 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cypress Ln