1221 Old Mill Ln
Elk Grove Village, IL 60007
3 bd 3 ba 1,800 sqft Built 1991 condos
Most recent sale
$310,000
Apr 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2022 | Sold | $310,000 | MLS #11318859 |
| May 13, 2010 | Sold | $256,000 | Public Record |
| Nov 8, 2001 | Sold | $236,000 | Public Record |
| Aug 24, 2000 | Sold | $214,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $26,998 | $4,691 | $31,689 | $7,205 |
| 2022 | $26,998 | $4,691 | $31,689 | $6,906 |
| 2021 | $15,164 | $2,897 | $18,061 | $4,089 |
| 2020 | $15,164 | $2,897 | $18,061 | $4,000 |
| 2019 | $17,320 | $2,897 | $20,217 | $4,087 |
| 2018 | $19,143 | $2,483 | $21,626 | $4,990 |
| 2017 | $19,143 | $2,483 | $21,626 | $4,971 |
| 2016 | $19,143 | $2,483 | $21,626 | $4,867 |
| 2015 | $18,196 | $2,207 | $20,403 | $4,761 |
| 2014 | $18,196 | $2,207 | $20,403 | $4,710 |
| 2013 | $19,473 | $2,207 | $21,680 | $4,917 |
| 2012 | $23,454 | $2,621 | $26,075 | $5,488 |
| 2011 | $23,454 | $2,621 | $26,075 | $5,308 |
| 2010 | $23,454 | $2,621 | $26,075 | $5,610 |
| 2009 | $23,949 | $2,732 | $26,681 | $2,278 |
| 2008 | $26,474 | $4,371 | $30,845 | $3,930 |
| 2007 | $26,474 | $4,371 | $30,845 | $3,305 |
| 2006 | $21,865 | $3,973 | $25,838 | $2,517 |
Property facts
Year built
1991
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,800 sqft
Lot size
—
ZIP code
60007
City
Elk Grove Village
Street
Old Mill Ln
Coordinates
41.99356, -88.01810
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,240
Gross rental yield
12.54%
Implied cap rate
8.15%
Trend-extrapolated value
—
Frequently asked questions
When did 1221 Old Mill Ln last sell?
1221 Old Mill Ln most recently sold on Apr 5, 2022 for $310,000.
What is the current tax assessment for 1221 Old Mill Ln?
The most recent total assessment for 1221 Old Mill Ln (year 2023) is $31,689 with $7,205 in property tax.
How does 1221 Old Mill Ln's assessment compare to its last sale price?
The current assessment is 89.8% below the last sale price of $310,000.
When was 1221 Old Mill Ln built?
1221 Old Mill Ln was built in 1991.
How does 1221 Old Mill Ln compare to others on Old Mill Ln?
We track 8 other properties on Old Mill Ln. Browse the list under "Other properties on Old Mill Ln" to compare beds, baths, and sale history.
What are the property facts for 1221 Old Mill Ln?
1221 Old Mill Ln is a 3 bed, 3 bath, 1,800 sqft condos.
Is 1221 Old Mill Ln a flip candidate?
No — 1221 Old Mill Ln does not appear in our flips dataset.
Is 1221 Old Mill Ln a tax-appeal candidate?
No — 1221 Old Mill 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
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