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554 Jersey Ln

Elk Grove Village, IL 60007

4 bd 3 ba 2,640 sqft Built 1984 Lot 8,660 sqft single_family
Most recent sale
$564,900
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $564,900 MLS #11456787
Jul 7, 2022 Listing removed $584,900 MRED
Jul 7, 2022 Listed $564,900 MLS #11456787
Jun 22, 2022 Listed $584,900 MLS #11437625
Aug 4, 1992 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $36,643 $11,259 $47,902 $13,915
2022 $39,740 $11,259 $50,999 $13,437
2021 $32,948 $7,361 $40,309 $11,767
2020 $32,948 $7,361 $40,309 $11,537
2019 $37,427 $7,361 $44,788 $11,548
2018 $36,558 $6,279 $42,837 $12,308
2017 $36,558 $6,279 $42,837 $12,193
2016 $36,558 $6,279 $42,837 $11,627
2015 $31,420 $5,196 $36,616 $10,535
2014 $31,420 $5,196 $36,616 $10,413
2013 $31,420 $5,196 $36,616 $10,128
2012 $35,486 $5,846 $41,332 $10,594
2011 $35,486 $5,846 $41,332 $10,180
2010 $35,486 $5,846 $41,332 $9,749
2009 $39,623 $6,062 $45,685 $9,269
2008 $37,888 $9,700 $47,588 $7,860
2007 $37,888 $9,700 $47,588 $7,085
2006 $31,227 $8,660 $39,887 $7,522

Property facts

Year built
1984
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,640 sqft
Lot size
8,660 sqft
ZIP code
60007
City
Elk Grove Village
Street
Jersey Ln
Coordinates
42.00814, -88.05144

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,752
Gross rental yield
10.09%
Implied cap rate
6.56%
Trend-extrapolated value

Frequently asked questions

When did 554 Jersey Ln last sell?
554 Jersey Ln most recently sold on Jul 28, 2022 for $564,900.
What is the current tax assessment for 554 Jersey Ln?
The most recent total assessment for 554 Jersey Ln (year 2023) is $47,902 with $13,915 in property tax.
How does 554 Jersey Ln's assessment compare to its last sale price?
The current assessment is 91.5% below the last sale price of $564,900.
When was 554 Jersey Ln built?
554 Jersey Ln was built in 1984.
How does 554 Jersey Ln compare to others on Jersey Ln?
We do not currently track other properties on Jersey Ln.
What are the property facts for 554 Jersey Ln?
554 Jersey Ln is a 4 bed, 3 bath, 2,640 sqft, 8,660 sqft lot single_family.
Is 554 Jersey Ln a flip candidate?
No — 554 Jersey Ln does not appear in our flips dataset.
Is 554 Jersey Ln a tax-appeal candidate?
No — 554 Jersey 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
-0.7%
Implied 1-yr
-2.9%
2026 Q3
$397.5K
2026 Q4
$394.5K
ZIP 60007 — Median Price History + Forecast

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