1080 Timber Ln
Lake Forest, IL 60045
5 bd 4 ba 3,029 sqft Built 1965 Lot 20,329 sqft single_family
Most recent sale
$515,000
Sep 21, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 6, 2023 | Sold | $1,100,000 | MRED |
| Sep 19, 2022 | Listed | $1,195,000 | MLS #11632914 |
| Sep 15, 2022 | Listing removed | $1,200,000 | MRED |
| Aug 20, 2022 | Price changed | $1,200,000 | MLS #11485992 |
| Aug 8, 2022 | Listed | $1,250,000 | MLS #11485992 |
| Aug 8, 2022 | Listing removed | $1,299,000 | MRED |
| Jul 22, 2022 | Listed | $1,299,000 | MLS #11466305 |
| Sep 21, 2021 | Sold | $515,000 | Public Record |
| May 12, 2021 | Sold | $430,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $261,120 | $100,954 | $362,074 | $20,548 |
| 2023 | $249,065 | $96,293 | $345,358 | $18,525 |
| 2022 | $138,782 | $86,882 | $225,664 | $13,560 |
| 2021 | $133,804 | $83,766 | $217,570 | $8,091 |
| 2020 | $134,086 | $83,942 | $218,028 | $7,865 |
| 2019 | $133,858 | $83,800 | $217,658 | $7,513 |
| 2018 | $163,499 | $88,821 | $252,320 | $7,244 |
| 2017 | $162,977 | $88,538 | $251,515 | $7,124 |
| 2016 | $156,814 | $85,190 | $242,004 | $12,087 |
| 2015 | $147,340 | $80,043 | $227,383 | $11,900 |
| 2014 | $147,340 | $80,043 | $227,383 | $12,402 |
| 2013 | $152,202 | $80,617 | $232,819 | $7,525 |
| 2012 | $154,253 | $81,703 | $235,956 | $7,024 |
| 2011 | $161,860 | $85,732 | $247,592 | $6,359 |
| 2010 | $164,088 | $94,125 | $258,213 | $5,906 |
| 2009 | $173,859 | $99,730 | $273,589 | $5,508 |
| 2008 | $177,861 | $102,026 | $279,887 | $5,314 |
| 2007 | $173,033 | $99,257 | $272,290 | $5,220 |
| 2006 | $170,645 | $93,860 | $264,505 | $5,301 |
Property facts
Year built
1965
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,029 sqft
Lot size
20,329 sqft
ZIP code
60045
City
Lake Forest
Street
Timber Ln
Coordinates
42.22022, -87.83412
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,452
Gross rental yield
12.70%
Implied cap rate
8.26%
Trend-extrapolated value
—
Frequently asked questions
When did 1080 Timber Ln last sell?
1080 Timber Ln most recently sold on Sep 21, 2021 for $515,000.
What is the current tax assessment for 1080 Timber Ln?
The most recent total assessment for 1080 Timber Ln (year 2024) is $362,074 with $20,548 in property tax.
How does 1080 Timber Ln's assessment compare to its last sale price?
The current assessment is 29.7% below the last sale price of $515,000.
When was 1080 Timber Ln built?
1080 Timber Ln was built in 1965.
How does 1080 Timber Ln compare to others on Timber Ln?
We track 8 other properties on Timber Ln. Browse the list under "Other properties on Timber Ln" to compare beds, baths, and sale history.
What are the property facts for 1080 Timber Ln?
1080 Timber Ln is a 5 bed, 4 bath, 3,029 sqft, 20,329 sqft lot single_family.
Is 1080 Timber Ln a flip candidate?
Yes — 1080 Timber Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1080 Timber Ln a tax-appeal candidate?
No — 1080 Timber Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$1.19M
2026 Q4
$1.19M
ZIP 60045 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Timber Ln