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1301 Western Ave

Lake Forest, IL 60045

1 bd 2 ba 1,003 sqft Built 1972 condos
Most recent sale
$195,000
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2022 Sold $195,000 MLS #11614880
Aug 26, 2022 Listed $199,900 MLS #11614880
Jun 17, 2017 Price changed $152,000 MLS #09593874
May 11, 2017 Price changed $160,000 MLS #09593874
Apr 13, 2017 Listed $165,000 MLS #09593874
Jan 6, 2010 Price changed $168,888 MLS #07270955
Jul 20, 2009 Listed $199,888 MLS #07270955
Jul 13, 2009 Price changed $209,888 MLS #06955367
May 17, 2009 Price changed $229,888 MLS #06955367
Aug 20, 2008 Listed $249,888 MLS #06955367

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $56,903 $7,822 $64,725 $3,359
2023 $49,392 $6,789 $56,181 $3,259
2022 $39,231 $5,392 $44,623 $2,694
2021 $38,893 $5,345 $44,238 $2,619
2020 $42,200 $5,375 $47,575 $2,561
2019 $41,425 $5,276 $46,701 $2,602
2018 $32,959 $6,069 $39,028 $2,069
2017 $32,408 $5,968 $38,376 $2,001
2016 $29,378 $5,410 $34,788 $1,829
2015 $27,663 $5,094 $32,757 $1,809
2014 $27,663 $5,094 $32,757 $2,219
2013 $31,514 $7,999 $39,513 $2,193
2012 $32,981 $8,371 $41,352 $2,148
2011 $35,101 $8,909 $44,010 $2,093
2010 $42,559 $10,949 $53,508 $2,349
2009 $46,477 $11,957 $58,434 $2,352
2008 $47,406 $12,196 $59,602 $2,309
2007 $46,133 $11,868 $58,001 $2,191
2006 $44,182 $8,535 $52,717 $2,023

Property facts

Year built
1972
Property type
condos
Stories
Beds
1
Baths
2
Living area
1,003 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
$1,805
Gross rental yield
11.11%
Implied cap rate
7.22%
Trend-extrapolated value

Frequently asked questions

When did 1301 Western Ave last sell?
1301 Western Ave most recently sold on Oct 18, 2022 for $195,000.
What is the current tax assessment for 1301 Western Ave?
The most recent total assessment for 1301 Western Ave (year 2024) is $64,725 with $3,359 in property tax.
How does 1301 Western Ave's assessment compare to its last sale price?
The current assessment is 66.8% below the last sale price of $195,000.
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, 1,003 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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