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705 Orchard Cir

Lake Forest, IL 60045

4 bd 4 ba 4,354 sqft Built 2022 Lot 17,023 sqft single_family
Most recent sale
$2,021,500
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $2,021,500 Public Record
Jul 15, 2022 Sold $2,021,119 MLS #11459620
Jul 9, 2022 Listed $1,344,990 MLS #11459620
Jun 30, 2022 Listing removed $1,584,500 MRED
Jul 9, 2021 Price changed $1,584,500 MLS #10973489
Jan 18, 2021 Listed $1,599,990 MLS #10973489
Sep 4, 2020 Sold $870,500 Public Record
Dec 27, 2018 Sold $4,550,000 Public Record
Nov 28, 2018 Sold $1,281,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $493,337 $115,030 $608,367 $31,943
2023 $435,705 $101,593 $537,298 $32,251
2022 $397,250 $51,343 $448,593 $26,923
2021 $49,502 $49,502 $2,918
2020 $20,783 $20,783 $1,194
2019 $20,748 $20,748 $1,158

Property facts

Year built
2022
Property type
single_family
Stories
Beds
4
Baths
4
Living area
4,354 sqft
Lot size
17,023 sqft
ZIP code
60045
City
Lake Forest
Street
Orchard Cir
Coordinates
42.23914, -87.86417

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,837
Gross rental yield
4.65%
Implied cap rate
3.02%
Trend-extrapolated value

Frequently asked questions

When did 705 Orchard Cir last sell?
705 Orchard Cir most recently sold on Sep 2, 2022 for $2,021,500.
What is the current tax assessment for 705 Orchard Cir?
The most recent total assessment for 705 Orchard Cir (year 2024) is $608,367 with $31,943 in property tax.
How does 705 Orchard Cir's assessment compare to its last sale price?
The current assessment is 69.9% below the last sale price of $2,021,500.
When was 705 Orchard Cir built?
705 Orchard Cir was built in 2022.
How does 705 Orchard Cir compare to others on Orchard Cir?
We track 8 other properties on Orchard Cir. Browse the list under "Other properties on Orchard Cir" to compare beds, baths, and sale history.
What are the property facts for 705 Orchard Cir?
705 Orchard Cir is a 4 bed, 4 bath, 4,354 sqft, 17,023 sqft lot single_family.
Is 705 Orchard Cir a flip candidate?
Yes — 705 Orchard Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 705 Orchard Cir a tax-appeal candidate?
No — 705 Orchard Cir 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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