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1301 Western Ave

Lake Forest, IL 60045

1 bd 2 ba 838 sqft Built 1972 condos
Most recent sale
$140,000
Feb 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Listing removed $149,000 MRED
Feb 15, 2022 Sold $140,000 MLS #11202653
Aug 27, 2021 Listed $149,000 MLS #11202653
Dec 11, 2019 Listing removed $149,000 MRED
Sep 7, 2017 Listed $149,000 MLS #09744080
Aug 18, 2017 Listing removed $164,500 MRED
Aug 31, 2016 Listed $164,500 MLS #09329815
Nov 4, 2003 Sold $122,000 Public Record
Jul 30, 2002 Sold $117,000 Public Record
Feb 1, 1988 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $49,577 $7,438 $57,015 $2,481
2023 $43,033 $6,456 $49,489 $2,367
2022 $34,180 $5,128 $39,308 $2,011
2021 $33,885 $5,084 $38,969 $1,952
2020 $36,796 $5,112 $41,908 $1,910
2019 $36,121 $5,018 $41,139 $1,962
2018 $28,539 $5,771 $34,310 $1,501
2017 $28,062 $5,675 $33,737 $1,446
2016 $25,438 $5,145 $30,583 $1,292
2015 $23,953 $4,845 $28,798 $1,259
2014 $23,953 $4,845 $28,798 $1,042
2013 $17,870 $6,683 $24,553 $1,033
2012 $27,556 $6,994 $34,550 $1,029
2011 $29,327 $7,444 $36,771 $1,471
2010 $35,558 $9,147 $44,705 $1,705
2009 $38,832 $9,989 $48,821 $1,724
2008 $39,608 $10,189 $49,797 $1,716
2007 $38,544 $9,915 $48,459 $1,641
2006 $36,914 $7,130 $44,044 $1,498

Property facts

Year built
1972
Property type
condos
Stories
3
Beds
1
Baths
2
Living area
838 sqft
Lot size
ZIP code
60045
City
Lake Forest
Street
Western Ave
Coordinates
42.26327, -87.84357

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
$1,508
Gross rental yield
12.93%
Implied cap rate
8.40%
Trend-extrapolated value

Frequently asked questions

When did 1301 Western Ave last sell?
1301 Western Ave most recently sold on Feb 15, 2022 for $140,000.
What is the current tax assessment for 1301 Western Ave?
The most recent total assessment for 1301 Western Ave (year 2024) is $57,015 with $2,481 in property tax.
How does 1301 Western Ave's assessment compare to its last sale price?
The current assessment is 59.3% below the last sale price of $140,000.
When was 1301 Western Ave built?
1301 Western Ave was built in 1972.
How does 1301 Western Ave compare to others on Western Ave?
We track 8 other properties on Western Ave. Browse the list under "Other properties on Western Ave" to compare beds, baths, and sale history.
What are the property facts for 1301 Western Ave?
1301 Western Ave is a 1 bed, 2 bath, 838 sqft condos.
Is 1301 Western Ave a flip candidate?
No — 1301 Western Ave does not appear in our flips dataset.
Is 1301 Western Ave a tax-appeal candidate?
No — 1301 Western Ave 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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