11450 Tea Tree Ln
Frankfort, IL 60423
5 bd 3 ba 3,012 sqft Built 2004 Lot 16,553 sqft single_family
Most recent sale
$475,000
Oct 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 18, 2022 | Sold | $475,000 | MLS #11622751 |
| Sep 7, 2022 | Listing removed | $499,900 | MRED |
| Sep 7, 2022 | Listed | $485,000 | MLS #11622751 |
| Jun 23, 2022 | Price changed | $499,900 | MLS #11435148 |
| Jun 15, 2022 | Listed | $535,000 | MLS #11435148 |
| Jan 3, 2021 | Listing removed | $425,000 | MRED |
| Jan 22, 2020 | Listing removed | $425,000 | MRED |
| Oct 27, 2019 | Listed | $425,000 | MLS #10558980 |
| Apr 26, 2004 | Sold | $78,000 | Public Record |
| Jun 19, 2002 | Sold | $56,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $154,966 | $27,676 | $182,642 | $13,836 |
| 2022 | $126,059 | $22,513 | $148,572 | $12,099 |
| 2021 | $117,933 | $21,062 | $138,995 | $11,413 |
| 2020 | $114,609 | $20,468 | $135,077 | $11,132 |
| 2019 | $111,542 | $19,920 | $131,462 | $10,776 |
| 2018 | $108,335 | $19,347 | $127,682 | $10,587 |
| 2017 | $105,806 | $18,895 | $124,701 | $10,581 |
| 2016 | $102,179 | $18,247 | $120,426 | $10,335 |
| 2015 | $98,581 | $17,604 | $116,185 | $10,187 |
| 2014 | $97,896 | $17,482 | $115,378 | $10,081 |
| 2013 | $99,165 | $17,709 | $116,874 | $9,940 |
| 2012 | $104,384 | $18,641 | $123,025 | $9,939 |
| 2011 | $109,878 | $19,622 | $129,500 | $9,985 |
| 2010 | $129,610 | $22,097 | $151,707 | $11,176 |
| 2009 | $132,729 | $22,629 | $155,358 | $10,764 |
| 2008 | $132,729 | $26,515 | $159,244 | $10,802 |
| 2007 | $129,492 | $25,868 | $155,360 | $10,546 |
| 2006 | $120,458 | $24,063 | $144,521 | $9,948 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,012 sqft
Lot size
16,553 sqft
ZIP code
60423
City
Frankfort
Street
Tea Tree Ln
Coordinates
41.49102, -87.89334
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,422
Gross rental yield
13.70%
Implied cap rate
8.90%
Trend-extrapolated value
—
Frequently asked questions
When did 11450 Tea Tree Ln last sell?
11450 Tea Tree Ln most recently sold on Oct 18, 2022 for $475,000.
What is the current tax assessment for 11450 Tea Tree Ln?
The most recent total assessment for 11450 Tea Tree Ln (year 2024) is $182,642 with $13,836 in property tax.
How does 11450 Tea Tree Ln's assessment compare to its last sale price?
The current assessment is 61.5% below the last sale price of $475,000.
When was 11450 Tea Tree Ln built?
11450 Tea Tree Ln was built in 2004.
How does 11450 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 11450 Tea Tree Ln?
11450 Tea Tree Ln is a 5 bed, 3 bath, 3,012 sqft, 16,553 sqft lot single_family.
Is 11450 Tea Tree Ln a flip candidate?
No — 11450 Tea Tree Ln does not appear in our flips dataset.
Is 11450 Tea Tree Ln a tax-appeal candidate?
No — 11450 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