7222 Buchanan Dr
Gurnee, IL 60031
4 bd 3 ba 2,116 sqft Built 1997 single_family
Most recent sale
$375,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $375,000 | MLS #11417921 |
| Jun 2, 2022 | Listed | $369,999 | MLS #11417921 |
| Sep 11, 2007 | Sold | $342,000 | Public Record |
| Aug 3, 2007 | Sold | $342,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $103,259 | $17,821 | $121,080 | $9,988 |
| 2023 | $98,351 | $16,974 | $115,325 | $9,735 |
| 2022 | $80,228 | $16,429 | $96,657 | $8,836 |
| 2021 | $77,009 | $15,770 | $92,779 | $7,983 |
| 2020 | $75,116 | $15,382 | $90,498 | $7,723 |
| 2019 | $72,935 | $14,935 | $87,870 | $7,502 |
| 2018 | $73,634 | $19,444 | $93,078 | $7,961 |
| 2017 | $71,524 | $18,887 | $90,411 | $7,792 |
| 2016 | $68,339 | $18,046 | $86,385 | $7,727 |
| 2015 | $64,813 | $17,115 | $81,928 | $7,522 |
| 2014 | $64,813 | $17,115 | $81,928 | $6,660 |
| 2013 | $54,938 | $16,799 | $71,737 | $6,467 |
| 2012 | $56,299 | $17,215 | $73,514 | $6,133 |
| 2011 | $67,106 | $18,396 | $85,502 | $6,451 |
| 2010 | $76,801 | $20,054 | $96,855 | $6,742 |
| 2009 | $85,506 | $21,120 | $106,626 | $6,866 |
| 2008 | $86,853 | $22,084 | $108,937 | $6,822 |
| 2007 | $86,437 | $21,219 | $107,656 | $6,685 |
| 2006 | $82,008 | $19,157 | $101,165 | $6,465 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,116 sqft
Lot size
—
ZIP code
60031
City
Gurnee
Street
Buchanan Dr
Coordinates
42.38449, -87.98100
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,809
Gross rental yield
12.19%
Implied cap rate
7.92%
Trend-extrapolated value
—
Frequently asked questions
When did 7222 Buchanan Dr last sell?
7222 Buchanan Dr most recently sold on Jul 15, 2022 for $375,000.
What is the current tax assessment for 7222 Buchanan Dr?
The most recent total assessment for 7222 Buchanan Dr (year 2024) is $121,080 with $9,988 in property tax.
How does 7222 Buchanan Dr's assessment compare to its last sale price?
The current assessment is 67.7% below the last sale price of $375,000.
When was 7222 Buchanan Dr built?
7222 Buchanan Dr was built in 1997.
How does 7222 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 7222 Buchanan Dr?
7222 Buchanan Dr is a 4 bed, 3 bath, 2,116 sqft single_family.
Is 7222 Buchanan Dr a flip candidate?
No — 7222 Buchanan Dr does not appear in our flips dataset.
Is 7222 Buchanan Dr a tax-appeal candidate?
No — 7222 Buchanan Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$471K
2026 Q4
$482.8K
ZIP 60031 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Buchanan Dr