7525 Inverness Ln
Frankfort, IL 60423
4 bd 3 ba 1,950 sqft Built 1988 Lot 11,761 sqft single_family
Most recent sale
$350,000
Mar 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 30, 2022 | Sold | $350,000 | MLS #11334319 |
| Feb 28, 2022 | Listed | $335,000 | MLS #11334319 |
| Jun 7, 2019 | Sold | $268,000 | MLS #10356726 |
| Apr 25, 2019 | Listed | $274,900 | MLS #10356726 |
| Feb 9, 2005 | Sold | $250,000 | Public Record |
| Mar 21, 2002 | Sold | $195,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $97,404 | $19,862 | $117,266 | $9,216 |
| 2022 | $79,234 | $16,157 | $95,391 | $8,161 |
| 2021 | $74,127 | $15,116 | $89,243 | $7,647 |
| 2020 | $72,038 | $14,690 | $86,728 | $7,527 |
| 2019 | $70,110 | $14,297 | $84,407 | $7,274 |
| 2018 | $68,094 | $13,886 | $81,980 | $7,005 |
| 2017 | $66,505 | $13,562 | $80,067 | $6,856 |
| 2016 | $64,225 | $13,097 | $77,322 | $6,641 |
| 2015 | $61,963 | $12,636 | $74,599 | $6,495 |
| 2014 | $61,532 | $12,548 | $74,080 | $6,399 |
| 2013 | $62,330 | $12,711 | $75,041 | $6,216 |
| 2012 | $65,610 | $13,380 | $78,990 | $6,155 |
| 2011 | $69,063 | $14,084 | $83,147 | $6,058 |
| 2010 | $71,568 | $14,595 | $86,163 | $5,924 |
| 2009 | $73,290 | $14,946 | $88,236 | $5,683 |
| 2008 | $70,471 | $14,946 | $85,417 | $5,304 |
| 2007 | $68,752 | $14,581 | $83,333 | $5,191 |
| 2006 | $64,654 | $13,564 | $78,218 | $5,073 |
Property facts
Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,950 sqft
Lot size
11,761 sqft
ZIP code
60423
City
Frankfort
Street
Inverness Ln
Coordinates
41.52845, -87.79933
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,510
Gross rental yield
12.03%
Implied cap rate
7.82%
Trend-extrapolated value
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Frequently asked questions
When did 7525 Inverness Ln last sell?
7525 Inverness Ln most recently sold on Mar 30, 2022 for $350,000.
What is the current tax assessment for 7525 Inverness Ln?
The most recent total assessment for 7525 Inverness Ln (year 2024) is $117,266 with $9,216 in property tax.
How does 7525 Inverness Ln's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $350,000.
When was 7525 Inverness Ln built?
7525 Inverness Ln was built in 1988.
How does 7525 Inverness Ln compare to others on Inverness Ln?
We track 8 other properties on Inverness Ln. Browse the list under "Other properties on Inverness Ln" to compare beds, baths, and sale history.
What are the property facts for 7525 Inverness Ln?
7525 Inverness Ln is a 4 bed, 3 bath, 1,950 sqft, 11,761 sqft lot single_family.
Is 7525 Inverness Ln a flip candidate?
No — 7525 Inverness Ln does not appear in our flips dataset.
Is 7525 Inverness Ln a tax-appeal candidate?
No — 7525 Inverness 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$492.9K
2026 Q4
$501.3K
ZIP 60423 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Inverness Ln