11318 Tea Tree Ln
Frankfort, IL 60423
4 bd 3 ba 3,836 sqft Built 2003 single_family
Most recent sale
$520,000
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 13, 2022 | Sold | $520,000 | MLS #11462761 |
| Aug 9, 2022 | Relisted | $474,900 | MLS #11462761 |
| Jul 13, 2022 | Listed | $474,900 | MLS #11462761 |
| Jan 27, 2004 | Sold | $349,339 | Public Record |
| Jun 24, 2002 | Sold | $618,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $142,743 | $22,777 | $165,520 | $14,050 |
| 2022 | $130,015 | $20,746 | $150,761 | $12,285 |
| 2021 | $121,634 | $19,409 | $141,043 | $11,589 |
| 2020 | $118,206 | $18,862 | $137,068 | $11,304 |
| 2019 | $115,042 | $18,357 | $133,399 | $10,943 |
| 2018 | $111,735 | $17,829 | $129,564 | $10,751 |
| 2017 | $109,127 | $17,413 | $126,540 | $10,745 |
| 2016 | $116,435 | $16,816 | $133,251 | $11,494 |
| 2015 | $112,335 | $16,224 | $128,559 | $11,331 |
| 2014 | $111,554 | $16,111 | $127,665 | $11,214 |
| 2013 | $113,000 | $16,320 | $129,320 | $11,056 |
| 2012 | $118,947 | $17,179 | $136,126 | $11,052 |
| 2011 | $125,207 | $18,083 | $143,290 | $11,100 |
| 2010 | $132,628 | $20,364 | $152,992 | $11,275 |
| 2009 | $135,820 | $20,854 | $156,674 | $10,858 |
| 2008 | $135,820 | $25,397 | $161,217 | $10,941 |
| 2007 | $132,507 | $24,778 | $157,285 | $10,681 |
| 2006 | $123,262 | $23,049 | $146,311 | $10,075 |
Property facts
Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,836 sqft
Lot size
—
ZIP code
60423
City
Frankfort
Street
Tea Tree Ln
Coordinates
41.49106, -87.89111
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,120
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 11318 Tea Tree Ln last sell?
11318 Tea Tree Ln most recently sold on Sep 13, 2022 for $520,000.
What is the current tax assessment for 11318 Tea Tree Ln?
The most recent total assessment for 11318 Tea Tree Ln (year 2024) is $165,520 with $14,050 in property tax.
How does 11318 Tea Tree Ln's assessment compare to its last sale price?
The current assessment is 68.2% below the last sale price of $520,000.
When was 11318 Tea Tree Ln built?
11318 Tea Tree Ln was built in 2003.
How does 11318 Tea Tree Ln compare to others on Tea Tree Ln?
We track 8 other properties on Tea Tree Ln. Browse the list under "Other properties on Tea Tree Ln" to compare beds, baths, and sale history.
What are the property facts for 11318 Tea Tree Ln?
11318 Tea Tree Ln is a 4 bed, 3 bath, 3,836 sqft single_family.
Is 11318 Tea Tree Ln a flip candidate?
No — 11318 Tea Tree Ln does not appear in our flips dataset.
Is 11318 Tea Tree Ln a tax-appeal candidate?
No — 11318 Tea Tree 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 Tea Tree Ln