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7689 Cascade Way

Gurnee, IL 60031

5 bd 5 ba 3,140 sqft Built 1997 Lot 10,890 sqft single_family
Most recent sale
$597,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $597,000 MLS #11393406
May 8, 2022 Listed $597,000 MLS #11393406
Mar 2, 2011 Sold $389,000 Public Record
Jul 5, 2001 Sold $364,000 Public Record
Mar 24, 1998 Sold $281,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $121,123 $23,449 $144,572 $6,403
2021 $116,263 $22,508 $138,771 $12,214
2020 $113,405 $21,955 $135,360 $11,829
2019 $110,113 $21,318 $131,431 $11,489
2018 $108,025 $22,418 $130,443 $11,377
2017 $104,930 $21,776 $126,706 $11,142
2016 $100,258 $20,806 $121,064 $11,059
2015 $95,085 $19,733 $114,818 $10,779
2014 $95,085 $19,733 $114,818 $10,654
2013 $91,705 $19,451 $111,156 $10,342
2012 $93,976 $19,933 $113,909 $9,195
2011 $107,704 $21,302 $129,006 $9,408
2010 $122,687 $19,920 $142,607 $8,276
2009 $132,082 $20,980 $153,062 $9,516
2008 $126,457 $21,970 $148,427 $9,426
2007 $124,257 $21,092 $145,349 $9,139
2006 $118,746 $19,461 $138,207 $8,955

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,140 sqft
Lot size
10,890 sqft
ZIP code
60031
City
Gurnee
Street
Cascade Way
Coordinates
42.36998, -87.99353

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,652
Gross rental yield
11.36%
Implied cap rate
7.38%
Trend-extrapolated value

Frequently asked questions

When did 7689 Cascade Way last sell?
7689 Cascade Way most recently sold on Jun 28, 2022 for $597,000.
What is the current tax assessment for 7689 Cascade Way?
The most recent total assessment for 7689 Cascade Way (year 2022) is $144,572 with $6,403 in property tax.
How does 7689 Cascade Way's assessment compare to its last sale price?
The current assessment is 75.8% below the last sale price of $597,000.
When was 7689 Cascade Way built?
7689 Cascade Way was built in 1997.
How does 7689 Cascade Way compare to others on Cascade Way?
We track 8 other properties on Cascade Way. Browse the list under "Other properties on Cascade Way" to compare beds, baths, and sale history.
What are the property facts for 7689 Cascade Way?
7689 Cascade Way is a 5 bed, 5 bath, 3,140 sqft, 10,890 sqft lot single_family.
Is 7689 Cascade Way a flip candidate?
No — 7689 Cascade Way does not appear in our flips dataset.
Is 7689 Cascade Way a tax-appeal candidate?
No — 7689 Cascade Way 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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