5540 Chancery Rd
Gurnee, IL 60031
6 bd 5 ba 5,933 sqft Built 2005 Lot 40,511 sqft single_family
Most recent sale
$635,000
May 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 9, 2022 | Sold | $635,000 | MLS #11339221 |
| Mar 29, 2022 | Listing removed | $785,000 | MRED |
| Mar 4, 2022 | Listed | $675,000 | MLS #11339221 |
| Jan 11, 2018 | Listing removed | $724,499 | MRED |
| Sep 17, 2017 | Relisted | $724,499 | MLS #09618971 |
| Aug 27, 2017 | Listing removed | $724,499 | MRED |
| May 8, 2017 | Listed | $724,499 | MLS #09618971 |
| Jul 1, 2008 | Sold | $750,000 | Public Record |
| Jun 20, 2006 | Sold | $701,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $205,240 | $32,617 | $237,857 | $20,667 |
| 2023 | $195,485 | $31,067 | $226,552 | $20,204 |
| 2022 | $174,800 | $32,262 | $207,062 | $19,919 |
| 2021 | $167,787 | $30,968 | $198,755 | $18,037 |
| 2020 | $163,663 | $30,207 | $193,870 | $17,467 |
| 2019 | $158,912 | $29,330 | $188,242 | $16,972 |
| 2018 | $157,428 | $39,747 | $197,175 | $16,852 |
| 2017 | $152,917 | $38,608 | $191,525 | $16,507 |
| 2016 | $146,108 | $36,889 | $182,997 | $16,393 |
| 2015 | $152,893 | $35,196 | $188,089 | $17,462 |
| 2014 | $152,893 | $35,196 | $188,089 | $16,922 |
| 2013 | $121,230 | $49,047 | $170,277 | $16,426 |
| 2012 | $124,233 | $50,262 | $174,495 | $15,549 |
| 2011 | $154,175 | $53,712 | $207,887 | $16,672 |
| 2010 | $174,230 | $55,252 | $229,482 | $16,882 |
| 2009 | $183,493 | $58,190 | $241,683 | $16,373 |
| 2008 | $178,033 | $57,898 | $235,931 | $15,476 |
| 2007 | $179,783 | $55,565 | $235,348 | $15,277 |
| 2006 | $90,828 | $54,305 | $145,133 | $9,708 |
Property facts
Year built
2005
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
5,933 sqft
Lot size
40,511 sqft
ZIP code
60031
City
Gurnee
Street
Chancery Rd
Coordinates
42.39831, -87.93949
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5540 Chancery Rd last sell?
5540 Chancery Rd most recently sold on May 9, 2022 for $635,000.
What is the current tax assessment for 5540 Chancery Rd?
The most recent total assessment for 5540 Chancery Rd (year 2024) is $237,857 with $20,667 in property tax.
How does 5540 Chancery Rd's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $635,000.
When was 5540 Chancery Rd built?
5540 Chancery Rd was built in 2005.
How does 5540 Chancery Rd compare to others on Chancery Rd?
We track 7 other properties on Chancery Rd. Browse the list under "Other properties on Chancery Rd" to compare beds, baths, and sale history.
What are the property facts for 5540 Chancery Rd?
5540 Chancery Rd is a 6 bed, 5 bath, 5,933 sqft, 40,511 sqft lot single_family.
Is 5540 Chancery Rd a flip candidate?
No — 5540 Chancery Rd does not appear in our flips dataset.
Is 5540 Chancery Rd a tax-appeal candidate?
No — 5540 Chancery Rd 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 Chancery Rd