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221 Fairfield Dr

Island Lake, IL 60042

2 bd 1 ba 610 sqft Built 1937 Lot 6,055 sqft single_family
Most recent sale
$137,500
Jun 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2024 Sold $200,000 MRED
Aug 16, 2024 Listed $179,900 MRED
Jun 9, 2022 Sold $137,500 MLS #11389385
Apr 29, 2022 Listed $139,999 MLS #11389385
Oct 5, 2017 Sold $96,000 MLS #09744939
Sep 8, 2017 Listed $89,500 MLS #09744939
Dec 4, 2014 Sold $63,000 MLS #08757460
Oct 21, 2014 Listed $69,000 MLS #08757460
Jul 22, 1998 Sold $115,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $37,625 $12,425 $50,050 $2,760
2023 $31,094 $11,639 $42,733 $2,416
2022 $22,123 $12,481 $34,604 $3,352
2021 $20,904 $11,793 $32,697 $3,214
2020 $19,924 $11,240 $31,164 $3,113
2019 $18,830 $10,623 $29,453 $2,753
2018 $16,121 $10,460 $26,581 $2,734
2017 $15,935 $10,339 $26,274 $2,731
2016 $15,090 $9,791 $24,881 $2,609
2015 $13,853 $8,988 $22,841 $2,529
2014 $13,853 $8,988 $22,841 $2,392
2013 $10,951 $9,518 $20,469 $2,601
2012 $15,069 $9,636 $24,705 $2,515
2011 $17,631 $9,845 $27,476 $2,434
2010 $18,491 $13,123 $31,614 $2,512
2009 $19,114 $13,099 $32,213 $2,263
2008 $19,066 $12,921 $31,987 $2,200
2007 $18,414 $12,742 $31,156 $2,103
2006 $19,042 $12,899 $31,941 $2,181

Property facts

Year built
1937
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
610 sqft
Lot size
6,055 sqft
ZIP code
60042
City
Island Lake
Street
Fairfield Dr
Coordinates
42.27406, -88.19418

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,098
Gross rental yield
9.58%
Implied cap rate
6.23%
Trend-extrapolated value

Frequently asked questions

When did 221 Fairfield Dr last sell?
221 Fairfield Dr most recently sold on Jun 9, 2022 for $137,500.
What is the current tax assessment for 221 Fairfield Dr?
The most recent total assessment for 221 Fairfield Dr (year 2024) is $50,050 with $2,760 in property tax.
How does 221 Fairfield Dr's assessment compare to its last sale price?
The current assessment is 63.6% below the last sale price of $137,500.
When was 221 Fairfield Dr built?
221 Fairfield Dr was built in 1937.
How does 221 Fairfield Dr compare to others on Fairfield Dr?
We track 8 other properties on Fairfield Dr. Browse the list under "Other properties on Fairfield Dr" to compare beds, baths, and sale history.
What are the property facts for 221 Fairfield Dr?
221 Fairfield Dr is a 2 bed, 1 bath, 610 sqft, 6,055 sqft lot single_family.
Is 221 Fairfield Dr a flip candidate?
No — 221 Fairfield Dr does not appear in our flips dataset.
Is 221 Fairfield Dr a tax-appeal candidate?
No — 221 Fairfield 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
+5.4%
Implied 1-yr
+21.5%
2026 Q3
$414.1K
2026 Q4
$430.6K
ZIP 60042 — Median Price History + Forecast

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