7422 Korbel Dr
Gurnee, IL 60031
3 bd 3 ba 2,117 sqft Built 1995 Lot 9,148 sqft single_family
Most recent sale
$335,000
Apr 30, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 17, 2022 | Sold | $360,000 | MRED |
| Oct 7, 2022 | Listing removed | $349,900 | MRED |
| Oct 7, 2022 | Listed | $349,900 | MLS #11647249 |
| Apr 30, 2021 | Sold | $335,000 | MLS #11015343 |
| Jan 23, 2017 | Sold | $267,500 | MLS #09376905 |
| Nov 8, 2016 | Relisted | $275,000 | MLS #09376905 |
| Nov 4, 2016 | Listing removed | $275,000 | MRED |
| Oct 27, 2016 | Listed | $275,000 | MLS #09376905 |
| Oct 11, 2002 | Sold | $296,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $104,687 | $20,790 | $125,477 | $11,122 |
| 2023 | $99,711 | $19,802 | $119,513 | $10,117 |
| 2022 | $86,633 | $19,168 | $105,801 | $9,727 |
| 2021 | $83,157 | $18,399 | $101,556 | $8,790 |
| 2020 | $81,588 | $17,947 | $99,535 | $8,549 |
| 2019 | $79,219 | $17,426 | $96,645 | $8,305 |
| 2018 | $75,395 | $19,445 | $94,840 | $8,123 |
| 2017 | $73,235 | $18,888 | $92,123 | $7,950 |
| 2016 | $69,974 | $18,047 | $88,021 | $7,884 |
| 2015 | $66,364 | $17,116 | $83,480 | $7,675 |
| 2014 | $66,364 | $17,116 | $83,480 | $6,626 |
| 2013 | $54,602 | $16,799 | $71,401 | $6,434 |
| 2012 | $55,954 | $17,215 | $73,169 | $6,102 |
| 2011 | $65,582 | $18,396 | $83,978 | $6,327 |
| 2010 | $78,970 | $17,519 | $96,489 | $6,715 |
| 2009 | $87,083 | $18,450 | $105,533 | $6,791 |
| 2008 | $88,455 | $18,374 | $106,829 | $6,683 |
| 2007 | $88,234 | $17,638 | $105,872 | $6,569 |
| 2006 | $84,977 | $16,274 | $101,251 | $6,470 |
Property facts
Year built
1995
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,117 sqft
Lot size
9,148 sqft
ZIP code
60031
City
Gurnee
Street
Korbel Dr
Coordinates
42.38107, -87.98671
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,811
Gross rental yield
13.65%
Implied cap rate
8.87%
Trend-extrapolated value
—
Frequently asked questions
When did 7422 Korbel Dr last sell?
7422 Korbel Dr most recently sold on Apr 30, 2021 for $335,000.
What is the current tax assessment for 7422 Korbel Dr?
The most recent total assessment for 7422 Korbel Dr (year 2024) is $125,477 with $11,122 in property tax.
How does 7422 Korbel Dr's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $335,000.
When was 7422 Korbel Dr built?
7422 Korbel Dr was built in 1995.
How does 7422 Korbel Dr compare to others on Korbel Dr?
We track 8 other properties on Korbel Dr. Browse the list under "Other properties on Korbel Dr" to compare beds, baths, and sale history.
What are the property facts for 7422 Korbel Dr?
7422 Korbel Dr is a 3 bed, 3 bath, 2,117 sqft, 9,148 sqft lot single_family.
Is 7422 Korbel Dr a flip candidate?
No — 7422 Korbel Dr does not appear in our flips dataset.
Is 7422 Korbel Dr a tax-appeal candidate?
No — 7422 Korbel Dr 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 Korbel Dr