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741 Colby Ct

Gurnee, IL 60031

2 bd 1 ba 1,162 sqft Built 1976 Lot 911 sqft townhomes
Most recent sale
$126,000
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 2, 2026 Sold $200,000 Public Record
Nov 26, 2025 Sold $200,000 MRED
Jul 28, 2025 Listed $215,000 MRED
Feb 22, 2023 Listing removed $185,000 MRED
Dec 21, 2022 Listing removed $1,500 MRED
Dec 8, 2022 Relisted $185,000 MRED
Dec 8, 2022 Listed for rent $1,500 MRED
Nov 29, 2022 Listing removed $185,000 MRED
Nov 15, 2022 Price changed $185,000 MRED
Nov 7, 2022 Listed for rent $1,500 MRED
Nov 7, 2022 Listed $190,000 MRED
Oct 26, 2022 Listing removed $190,000 MRED
Sep 16, 2022 Price changed $190,000 MLS #11490953
Aug 13, 2022 Listed $195,000 MLS #11490953
Jun 9, 2022 Sold $126,000 MLS #11374974
Apr 14, 2022 Listed $114,900 MLS #11374974
Jan 1, 2003 Sold $133,000 Public Record
Jan 5, 1996 Sold $87,500 Public Record
Dec 1, 1991 Sold $79,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $47,584 $8,185 $55,769 $5,088
2022 $38,404 $5,929 $44,333 $4,321
2021 $34,777 $5,369 $40,146 $3,693
2020 $33,922 $5,237 $39,159 $3,579
2019 $32,937 $5,085 $38,022 $3,480
2018 $30,416 $2,676 $33,092 $3,026
2017 $29,544 $2,599 $32,143 $2,967
2016 $28,229 $2,483 $30,712 $2,952
2015 $26,773 $2,355 $29,128 $2,885
2014 $26,773 $2,355 $29,128 $2,784
2013 $25,157 $2,323 $27,480 $2,702
2012 $37,375 $2,381 $39,756 $3,606
2011 $39,718 $2,530 $42,248 $3,421
2010 $42,975 $2,516 $45,491 $3,372
2009 $46,034 $2,649 $48,683 $3,322
2008 $46,696 $2,771 $49,467 $3,262
2007 $46,714 $2,662 $49,376 $3,215
2006 $44,097 $2,590 $46,687 $3,138

Property facts

Year built
1976
Property type
townhomes
Stories
2
Beds
2
Baths
1
Living area
1,162 sqft
Lot size
911 sqft
ZIP code
60031
City
Gurnee
Street
Colby Ct
Coordinates
42.34846, -87.94833

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$756
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 741 Colby Ct last sell?
741 Colby Ct most recently sold on Jun 9, 2022 for $126,000.
What is the current tax assessment for 741 Colby Ct?
The most recent total assessment for 741 Colby Ct (year 2023) is $55,769 with $5,088 in property tax.
How does 741 Colby Ct's assessment compare to its last sale price?
The current assessment is 55.7% below the last sale price of $126,000.
When was 741 Colby Ct built?
741 Colby Ct was built in 1976.
How does 741 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 741 Colby Ct?
741 Colby Ct is a 2 bed, 1 bath, 1,162 sqft, 911 sqft lot townhomes.
Is 741 Colby Ct a flip candidate?
No — 741 Colby Ct does not appear in our flips dataset.
Is 741 Colby Ct a tax-appeal candidate?
No — 741 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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