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48 Chestnut Ln

Glenwood, IL 60425

3 bd 2 ba 1,850 sqft Built 1971 Lot 7,200 sqft single_family
Most recent sale
$246,000
Nov 24, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Listing removed $250,000 MRED
Nov 24, 2021 Sold $246,000 MLS #11245874
Sep 7, 2001 Sold $115,000 Public Record
Sep 7, 1988 Sold $65,000 Public Record
Apr 1, 1983 Sold $54,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $13,480 $2,520 $16,000 $5,166
2022 $9,599 $2,160 $11,759 $6,304
2021 $9,599 $2,160 $11,759 $4,491
2020 $9,599 $2,160 $11,759 $4,610
2019 $8,853 $1,980 $10,833 $4,026
2018 $8,853 $1,980 $10,833 $3,824
2017 $8,853 $1,980 $10,833 $3,889
2016 $7,702 $1,800 $9,502 $3,706
2015 $7,702 $1,800 $9,502 $3,530
2014 $7,702 $1,800 $9,502 $3,496
2013 $8,437 $1,800 $10,237 $3,468
2012 $8,437 $1,800 $10,237 $3,434
2011 $8,437 $1,800 $10,237 $3,351
2010 $10,990 $1,800 $12,790 $3,951
2009 $11,615 $1,800 $13,415 $3,821
2008 $11,242 $2,880 $14,122 $3,423
2007 $10,197 $2,592 $12,789 $2,708
2006 $10,197 $2,592 $12,789 $2,624

Property facts

Year built
1971
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,850 sqft
Lot size
7,200 sqft
ZIP code
60425
City
Glenwood
Street
Chestnut Ln
Coordinates
41.54826, -87.60416

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,476
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48 Chestnut Ln last sell?
48 Chestnut Ln most recently sold on Nov 24, 2021 for $246,000.
What is the current tax assessment for 48 Chestnut Ln?
The most recent total assessment for 48 Chestnut Ln (year 2023) is $16,000 with $5,166 in property tax.
How does 48 Chestnut Ln's assessment compare to its last sale price?
The current assessment is 93.5% below the last sale price of $246,000.
When was 48 Chestnut Ln built?
48 Chestnut Ln was built in 1971.
How does 48 Chestnut Ln compare to others on Chestnut Ln?
We track 4 other properties on Chestnut Ln. Browse the list under "Other properties on Chestnut Ln" to compare beds, baths, and sale history.
What are the property facts for 48 Chestnut Ln?
48 Chestnut Ln is a 3 bed, 2 bath, 1,850 sqft, 7,200 sqft lot single_family.
Is 48 Chestnut Ln a flip candidate?
No — 48 Chestnut Ln does not appear in our flips dataset.
Is 48 Chestnut Ln a tax-appeal candidate?
No — 48 Chestnut Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q2
$151.4K
2026 Q3
$148K
ZIP 60425 — Median Price History + Forecast

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