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701 Newcastle Dr

Lake Forest, IL 60045

4 bd 4 ba 3,013 sqft Built 1986 Lot 25,265 sqft single_family
Most recent sale
$886,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $886,000 MLS #11425029
Jun 4, 2022 Listed $839,000 MLS #11425029
Oct 23, 2020 Sold $717,000 Public Record
Aug 11, 2020 Sold $717,000 MLS #10769416
Jul 3, 2020 Listed $729,000 MLS #10769416

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $166,165 $125,522 $291,687 $14,658
2023 $149,523 $112,950 $262,473 $14,759
2022 $128,642 $118,703 $247,345 $4,649
2021 $124,028 $114,446 $238,474 $7
2020 $134,807 $114,687 $249,494 $13,053
2019 $134,578 $114,492 $249,070 $13,209
2018 $140,768 $121,352 $262,120 $13,239
2017 $150,586 $120,965 $271,551 $12,986
2016 $144,892 $116,391 $261,283 $13,091
2015 $136,138 $109,359 $245,497 $12,891
2014 $136,138 $109,359 $245,497 $12,873
2013 $131,160 $110,142 $241,302 $12,772
2012 $132,927 $111,626 $244,553 $12,338
2011 $139,483 $117,131 $256,614 $11,842
2010 $134,036 $129,839 $263,875 $11,251
2009 $142,017 $137,570 $279,587 $10,911
2008 $145,286 $140,737 $286,023 $10,755
2007 $141,335 $136,917 $278,252 $10,217
2006 $148,913 $131,302 $280,215 $10,449

Property facts

Year built
1986
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,013 sqft
Lot size
25,265 sqft
ZIP code
60045
City
Lake Forest
Street
Newcastle Dr
Coordinates
42.22698, -87.86773

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,423
Gross rental yield
7.34%
Implied cap rate
4.77%
Trend-extrapolated value

Frequently asked questions

When did 701 Newcastle Dr last sell?
701 Newcastle Dr most recently sold on Aug 15, 2022 for $886,000.
What is the current tax assessment for 701 Newcastle Dr?
The most recent total assessment for 701 Newcastle Dr (year 2024) is $291,687 with $14,658 in property tax.
How does 701 Newcastle Dr's assessment compare to its last sale price?
The current assessment is 67.1% below the last sale price of $886,000.
When was 701 Newcastle Dr built?
701 Newcastle Dr was built in 1986.
How does 701 Newcastle Dr compare to others on Newcastle Dr?
We track 6 other properties on Newcastle Dr. Browse the list under "Other properties on Newcastle Dr" to compare beds, baths, and sale history.
What are the property facts for 701 Newcastle Dr?
701 Newcastle Dr is a 4 bed, 4 bath, 3,013 sqft, 25,265 sqft lot single_family.
Is 701 Newcastle Dr a flip candidate?
Yes — 701 Newcastle Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 701 Newcastle Dr a tax-appeal candidate?
No — 701 Newcastle 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
-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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