Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 30M+ properties All 50 states Methodology

490 Inverness Dr

Gurnee, IL 60031

4 bd 4 ba 3,227 sqft Built 1998 Lot 17,424 sqft single_family
Most recent sale
$606,500
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $606,500 MLS #11382116
Apr 22, 2022 Listed $575,000 MLS #11382116
Sep 4, 1998 Sold $209,666 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $163,945 $44,260 $208,205 $16,742
2023 $153,747 $42,156 $195,903 $16,301
2022 $124,955 $39,147 $164,102 $15,410
2021 $112,980 $37,576 $150,556 $13,298
2020 $110,203 $36,652 $146,855 $12,874
2019 $107,004 $35,588 $142,592 $12,510
2018 $117,317 $33,997 $151,314 $13,285
2017 $113,955 $33,023 $146,978 $13,013
2016 $108,881 $31,553 $140,434 $12,921
2015 $103,263 $29,925 $133,188 $12,599
2014 $103,263 $29,925 $133,188 $10,184
2013 $77,002 $29,515 $106,517 $9,886
2012 $112,043 $30,246 $142,289 $9,365
2011 $119,068 $32,142 $151,210 $11,771
2010 $128,034 $31,978 $160,012 $11,423
2009 $134,841 $33,679 $168,520 $11,088
2008 $136,965 $35,265 $172,230 $10,995
2007 $136,406 $33,860 $170,266 $10,762
2006 $129,500 $32,913 $162,413 $10,582

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,227 sqft
Lot size
17,424 sqft
ZIP code
60031
City
Gurnee
Street
Inverness Dr
Coordinates
42.35440, -87.95519

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,809
Gross rental yield
11.49%
Implied cap rate
7.47%
Trend-extrapolated value

Frequently asked questions

When did 490 Inverness Dr last sell?
490 Inverness Dr most recently sold on Jun 22, 2022 for $606,500.
What is the current tax assessment for 490 Inverness Dr?
The most recent total assessment for 490 Inverness Dr (year 2024) is $208,205 with $16,742 in property tax.
How does 490 Inverness Dr's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $606,500.
When was 490 Inverness Dr built?
490 Inverness Dr was built in 1998.
How does 490 Inverness Dr compare to others on Inverness Dr?
We track 8 other properties on Inverness Dr. Browse the list under "Other properties on Inverness Dr" to compare beds, baths, and sale history.
What are the property facts for 490 Inverness Dr?
490 Inverness Dr is a 4 bed, 4 bath, 3,227 sqft, 17,424 sqft lot single_family.
Is 490 Inverness Dr a flip candidate?
No — 490 Inverness Dr does not appear in our flips dataset.
Is 490 Inverness Dr a tax-appeal candidate?
No — 490 Inverness Dr 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

Explore nearby