500 Willow Ln
Elk Grove Village, IL 60007
3 bd 2 ba 1,290 sqft Built 1959 Lot 7,218 sqft single_family
Most recent sale
$295,000
Mar 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 22, 2022 | Sold | $295,000 | MLS #11323855 |
| Feb 18, 2022 | Listed | $290,000 | MLS #11323855 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $19,158 | $5,775 | $24,933 | $6,331 |
| 2022 | $22,224 | $5,775 | $27,999 | $5,336 |
| 2021 | $15,120 | $3,609 | $18,729 | $2,232 |
| 2020 | $15,120 | $3,609 | $18,729 | $2,003 |
| 2019 | $17,202 | $3,609 | $20,811 | $2,016 |
| 2018 | $18,619 | $3,248 | $21,867 | $2,276 |
| 2017 | $18,619 | $3,248 | $21,867 | $2,220 |
| 2016 | $18,619 | $3,248 | $21,867 | $2,737 |
| 2015 | $17,130 | $2,707 | $19,837 | $3,026 |
| 2014 | $17,130 | $2,707 | $19,837 | $2,922 |
| 2013 | $17,130 | $2,707 | $19,837 | $2,923 |
| 2012 | $20,215 | $3,068 | $23,283 | $2,501 |
| 2011 | $20,215 | $3,068 | $23,283 | $2,388 |
| 2010 | $20,215 | $3,068 | $23,283 | $2,096 |
| 2009 | $22,989 | $3,248 | $26,237 | $1,900 |
| 2008 | $23,014 | $5,197 | $28,211 | $1,824 |
| 2007 | $23,014 | $5,197 | $28,211 | $1,174 |
| 2006 | $17,424 | $4,331 | $21,755 | $2,114 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,290 sqft
Lot size
7,218 sqft
ZIP code
60007
City
Elk Grove Village
Street
Willow Ln
Coordinates
42.02067, -87.98307
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,322
Gross rental yield
9.45%
Implied cap rate
6.14%
Trend-extrapolated value
—
Frequently asked questions
When did 500 Willow Ln last sell?
500 Willow Ln most recently sold on Mar 22, 2022 for $295,000.
What is the current tax assessment for 500 Willow Ln?
The most recent total assessment for 500 Willow Ln (year 2023) is $24,933 with $6,331 in property tax.
How does 500 Willow Ln's assessment compare to its last sale price?
The current assessment is 91.5% below the last sale price of $295,000.
When was 500 Willow Ln built?
500 Willow Ln was built in 1959.
How does 500 Willow Ln compare to others on Willow Ln?
We track 1 other property on Willow Ln. Browse the list under "Other properties on Willow Ln" to compare beds, baths, and sale history.
What are the property facts for 500 Willow Ln?
500 Willow Ln is a 3 bed, 2 bath, 1,290 sqft, 7,218 sqft lot single_family.
Is 500 Willow Ln a flip candidate?
No — 500 Willow Ln does not appear in our flips dataset.
Is 500 Willow Ln a tax-appeal candidate?
No — 500 Willow 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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