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509 2nd St

Grayslake, IL 60030

3 bd 1 ba 1,092 sqft Built 1961 Lot 14,850 sqft single_family
Most recent sale
$250,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $250,000 MLS #11403593
May 13, 2022 Listed $249,900 MLS #11403593
Dec 27, 2016 Listing removed $1,550 AppfolioUnits
Dec 8, 2016 Listed for rent $1,550 AppfolioUnits
Dec 27, 2005 Sold $210,000 Public Record
Jul 1, 1988 Sold $94,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $55,553 $21,919 $77,472 $6,957
2023 $50,161 $19,791 $69,952 $6,610
2022 $45,437 $11,095 $56,532 $6,061
2021 $43,673 $10,664 $54,337 $5,978
2020 $41,554 $10,147 $51,701 $5,961
2019 $39,868 $9,735 $49,603 $5,745
2018 $33,391 $23,797 $57,188 $6,728
2017 $31,409 $22,385 $53,794 $6,638
2016 $28,994 $20,664 $49,658 $6,346
2015 $26,488 $18,878 $45,366 $6,156
2014 $26,488 $18,878 $45,366 $6,537
2013 $29,705 $16,767 $46,472 $6,368
2012 $33,477 $18,896 $52,373 $6,292
2011 $38,190 $21,556 $59,746 $6,206
2010 $43,359 $14,803 $58,162 $5,525
2009 $45,641 $15,582 $61,223 $5,284
2008 $45,962 $15,451 $61,413 $5,157
2007 $43,761 $14,711 $58,472 $4,772
2006 $39,496 $13,329 $52,825 $4,483

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,092 sqft
Lot size
14,850 sqft
ZIP code
60030
City
Grayslake
Street
2nd St
Coordinates
42.35154, -88.04823

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,966
Gross rental yield
9.44%
Implied cap rate
6.13%
Trend-extrapolated value

Frequently asked questions

When did 509 2nd St last sell?
509 2nd St most recently sold on Jun 29, 2022 for $250,000.
What is the current tax assessment for 509 2nd St?
The most recent total assessment for 509 2nd St (year 2024) is $77,472 with $6,957 in property tax.
How does 509 2nd St's assessment compare to its last sale price?
The current assessment is 69.0% below the last sale price of $250,000.
When was 509 2nd St built?
509 2nd St was built in 1961.
How does 509 2nd St compare to others on 2nd St?
We track 3 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 509 2nd St?
509 2nd St is a 3 bed, 1 bath, 1,092 sqft, 14,850 sqft lot single_family.
Is 509 2nd St a flip candidate?
No — 509 2nd St does not appear in our flips dataset.
Is 509 2nd St a tax-appeal candidate?
No — 509 2nd St 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
+3.5%
Implied 1-yr
+14.2%
2026 Q3
$422.7K
2026 Q4
$434.8K
ZIP 60030 — Median Price History + Forecast

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