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704 Colby Ct

Gurnee, IL 60031

3 bd 2 ba 1,162 sqft Built 1976 townhomes
Most recent sale
$150,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $150,000 MLS #11478947
Jul 30, 2022 Listed $155,000 MLS #11478947
Sep 15, 2000 Sold $108,900 Public Record
Sep 21, 1999 Sold $96,000 Public Record
Dec 21, 1995 Sold $84,000 Public Record
Mar 7, 1995 Sold $85,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $55,844 $9,366 $65,210 $4,558
2023 $48,798 $8,185 $56,983 $4,412
2022 $38,404 $5,929 $44,333 $3,736
2021 $34,777 $5,369 $40,146 $3,141
2020 $33,922 $5,237 $39,159 $3,031
2019 $32,937 $5,085 $38,022 $2,939
2018 $30,297 $2,676 $32,973 $2,466
2017 $29,429 $2,599 $32,028 $2,403
2016 $28,119 $2,483 $30,602 $2,365
2015 $26,668 $2,355 $29,023 $2,281
2014 $26,668 $2,355 $29,023 $2,179
2013 $25,179 $2,323 $27,502 $2,118
2012 $37,409 $2,381 $39,790 $3,075
2011 $39,755 $2,530 $42,285 $2,951
2010 $42,917 $2,516 $45,433 $2,931
2009 $45,971 $2,649 $48,620 $2,908
2008 $46,696 $2,771 $49,467 $2,900
2007 $46,714 $2,662 $49,376 $2,890
2006 $44,097 $2,590 $46,687 $2,802

Property facts

Year built
1976
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,162 sqft
Lot size
ZIP code
60031
City
Gurnee
Street
Colby Ct
Coordinates
42.34926, -87.94819

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
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 704 Colby Ct last sell?
704 Colby Ct most recently sold on Sep 23, 2022 for $150,000.
What is the current tax assessment for 704 Colby Ct?
The most recent total assessment for 704 Colby Ct (year 2024) is $65,210 with $4,558 in property tax.
How does 704 Colby Ct's assessment compare to its last sale price?
The current assessment is 56.5% below the last sale price of $150,000.
When was 704 Colby Ct built?
704 Colby Ct was built in 1976.
How does 704 Colby Ct compare to others on Colby Ct?
We track 8 other properties on Colby Ct. Browse the list under "Other properties on Colby Ct" to compare beds, baths, and sale history.
What are the property facts for 704 Colby Ct?
704 Colby Ct is a 3 bed, 2 bath, 1,162 sqft townhomes.
Is 704 Colby Ct a flip candidate?
No — 704 Colby Ct does not appear in our flips dataset.
Is 704 Colby Ct a tax-appeal candidate?
No — 704 Colby Ct 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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