5848 Hancock Ln
Gurnee, IL 60031
3 bd 2 ba 1,912 sqft Built 1988 Lot 9,426 sqft single_family
Most recent sale
$286,000
Jul 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 30, 2022 | Sold | $286,000 | Public Record |
| Jul 25, 2022 | Sold | $286,000 | MLS #11428753 |
| Jun 10, 2022 | Listed | $279,000 | MLS #11428753 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $91,676 | $16,133 | $107,809 | $8,953 |
| 2023 | $87,319 | $15,366 | $102,685 | $8,721 |
| 2022 | $67,524 | $14,482 | $82,006 | $7,529 |
| 2021 | $64,815 | $13,901 | $78,716 | $6,804 |
| 2020 | $63,222 | $13,559 | $76,781 | $6,581 |
| 2019 | $61,387 | $13,165 | $74,552 | $6,389 |
| 2018 | $62,385 | $12,067 | $74,452 | $6,363 |
| 2017 | $60,597 | $11,721 | $72,318 | $6,223 |
| 2016 | $57,899 | $11,199 | $69,098 | $6,164 |
| 2015 | $54,912 | $10,621 | $65,533 | $5,996 |
| 2014 | $54,912 | $10,621 | $65,533 | $5,414 |
| 2013 | $48,087 | $10,475 | $58,562 | $5,259 |
| 2012 | $49,278 | $10,734 | $60,012 | $4,991 |
| 2011 | $60,384 | $11,471 | $71,855 | $5,448 |
| 2010 | $67,589 | $11,406 | $78,995 | $5,520 |
| 2009 | $74,187 | $12,013 | $86,200 | $5,571 |
| 2008 | $75,355 | $11,949 | $87,304 | $5,494 |
| 2007 | $71,461 | $11,481 | $82,942 | $5,169 |
| 2006 | $62,307 | $11,182 | $73,489 | $4,690 |
Property facts
Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,912 sqft
Lot size
9,426 sqft
ZIP code
60031
City
Gurnee
Street
Hancock Ln
Coordinates
42.39040, -87.94711
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,716
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5848 Hancock Ln last sell?
5848 Hancock Ln most recently sold on Jul 25, 2022 for $286,000.
What is the current tax assessment for 5848 Hancock Ln?
The most recent total assessment for 5848 Hancock Ln (year 2024) is $107,809 with $8,953 in property tax.
How does 5848 Hancock Ln's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $286,000.
When was 5848 Hancock Ln built?
5848 Hancock Ln was built in 1988.
How does 5848 Hancock Ln compare to others on Hancock Ln?
We track 2 other properties on Hancock Ln. Browse the list under "Other properties on Hancock Ln" to compare beds, baths, and sale history.
What are the property facts for 5848 Hancock Ln?
5848 Hancock Ln is a 3 bed, 2 bath, 1,912 sqft, 9,426 sqft lot single_family.
Is 5848 Hancock Ln a flip candidate?
No — 5848 Hancock Ln does not appear in our flips dataset.
Is 5848 Hancock Ln a tax-appeal candidate?
No — 5848 Hancock Ln 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 Hancock Ln