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7012 Buchanan Dr

Gurnee, IL 60031

2 bd 2 ba 1,081 sqft Built 1994 condos
Most recent sale
$205,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $205,000 MLS #11614058
Sep 9, 2022 Price changed $219,000 MLS #11614058
Aug 26, 2022 Listed $224,000 MLS #11614058
Mar 31, 2021 Sold $175,000 MLS #10989407
Dec 26, 2020 Listed $156,700 MLS #10958803
Oct 6, 2008 Sold $180,000 Public Record
Jul 25, 2005 Sold $187,500 Public Record
Aug 18, 2003 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $41,026 $8,168 $49,194 $3,948
2019 $39,835 $7,931 $47,766 $3,831
2018 $35,170 $5,755 $40,925 $3,193
2017 $34,162 $5,590 $39,752 $3,116
2016 $32,641 $5,341 $37,982 $3,074
2015 $30,957 $5,065 $36,022 $2,974
2014 $30,957 $5,065 $36,022 $2,886
2013 $29,574 $4,913 $34,487 $2,805
2012 $41,048 $4,764 $45,812 $3,621
2011 $43,622 $5,063 $48,685 $3,470
2010 $50,657 $5,035 $55,692 $3,692
2009 $53,351 $5,303 $58,654 $3,593
2008 $54,191 $5,280 $59,471 $3,559
2007 $52,544 $5,075 $57,619 $3,427

Property facts

Year built
1994
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,081 sqft
Lot size
ZIP code
60031
City
Gurnee
Street
Buchanan Dr
Coordinates
42.38365, -87.97542

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,946
Gross rental yield
11.39%
Implied cap rate
7.40%
Trend-extrapolated value

Frequently asked questions

When did 7012 Buchanan Dr last sell?
7012 Buchanan Dr most recently sold on Oct 19, 2022 for $205,000.
What is the current tax assessment for 7012 Buchanan Dr?
The most recent total assessment for 7012 Buchanan Dr (year 2020) is $49,194 with $3,948 in property tax.
How does 7012 Buchanan Dr's assessment compare to its last sale price?
The current assessment is 76.0% below the last sale price of $205,000.
When was 7012 Buchanan Dr built?
7012 Buchanan Dr was built in 1994.
How does 7012 Buchanan Dr compare to others on Buchanan Dr?
We track 8 other properties on Buchanan Dr. Browse the list under "Other properties on Buchanan Dr" to compare beds, baths, and sale history.
What are the property facts for 7012 Buchanan Dr?
7012 Buchanan Dr is a 2 bed, 2 bath, 1,081 sqft condos.
Is 7012 Buchanan Dr a flip candidate?
No — 7012 Buchanan Dr does not appear in our flips dataset.
Is 7012 Buchanan Dr a tax-appeal candidate?
No — 7012 Buchanan Dr 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
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$471K
2026 Q4
$482.8K
ZIP 60031 — Median Price History + Forecast

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