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818 Cherokee Rd

Lake Forest, IL 60045

5 bd 5 ba 3,785 sqft Built 1963 Lot 39,413 sqft single_family
Most recent sale
$1,150,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $1,150,000 Public Record
Apr 7, 2022 Listed $1,150,000 MLS #11368413
Apr 6, 2022 Sold $1,150,000 MLS #11368413
Aug 1, 2017 Listing removed $4,800 MRED
Jun 2, 2017 Price changed for rent $5,500 MRED
May 25, 2017 Listed for rent $6,000 MRED
Apr 20, 2004 Sold $910,000 Public Record
Aug 29, 2001 Sold $750,000 Public Record
Sep 28, 1999 Sold $638,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $215,091 $132,380 $347,471 $19,262
2023 $205,161 $126,269 $331,430 $17,296
2022 $163,385 $116,492 $279,877 $16,470
2021 $157,525 $112,314 $269,839 $15,565
2020 $157,856 $112,550 $270,406 $15,166
2019 $157,588 $112,359 $269,947 $14,659
2018 $174,435 $119,092 $293,527 $15,186
2017 $173,879 $118,712 $292,591 $14,888
2016 $167,304 $114,223 $281,527 $14,430
2015 $157,196 $107,322 $264,518 $14,231
2014 $157,196 $107,322 $264,518 $14,803
2013 $162,430 $108,089 $270,519 $14,386
2012 $164,619 $109,545 $274,164 $13,896
2011 $172,738 $114,948 $287,686 $13,337
2010 $175,175 $126,229 $301,404 $12,888
2009 $185,606 $133,746 $319,352 $12,496
2008 $189,878 $136,825 $326,703 $12,258
2007 $184,724 $133,111 $317,835 $11,643
2006 $185,223 $127,647 $312,870 $11,637

Property facts

Year built
1963
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,785 sqft
Lot size
39,413 sqft
ZIP code
60045
City
Lake Forest
Street
Cherokee Rd
Coordinates
42.22475, -87.83173

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,813
Gross rental yield
7.11%
Implied cap rate
4.62%
Trend-extrapolated value

Frequently asked questions

When did 818 Cherokee Rd last sell?
818 Cherokee Rd most recently sold on Apr 8, 2022 for $1,150,000.
What is the current tax assessment for 818 Cherokee Rd?
The most recent total assessment for 818 Cherokee Rd (year 2024) is $347,471 with $19,262 in property tax.
How does 818 Cherokee Rd's assessment compare to its last sale price?
The current assessment is 69.8% below the last sale price of $1,150,000.
When was 818 Cherokee Rd built?
818 Cherokee Rd was built in 1963.
How does 818 Cherokee Rd compare to others on Cherokee Rd?
We track 8 other properties on Cherokee Rd. Browse the list under "Other properties on Cherokee Rd" to compare beds, baths, and sale history.
What are the property facts for 818 Cherokee Rd?
818 Cherokee Rd is a 5 bed, 5 bath, 3,785 sqft, 39,413 sqft lot single_family.
Is 818 Cherokee Rd a flip candidate?
No — 818 Cherokee Rd does not appear in our flips dataset.
Is 818 Cherokee Rd a tax-appeal candidate?
No — 818 Cherokee Rd 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
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$1.19M
2026 Q4
$1.19M
ZIP 60045 — Median Price History + Forecast

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