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502 Oak St

Lake in the Hills, IL 60156

3 bd 2 ba 1,008 sqft Built 1971 Lot 9,535 sqft single_family
Most recent sale
$232,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $232,000 MLS #11483390
Sep 16, 2022 Price changed $232,000 MLS #11483390
Aug 16, 2022 Listed $235,000 MLS #11483390
Sep 2, 2016 Sold $165,000 MLS #09285018
Jul 13, 2016 Listed $175,000 MLS #09285018
Feb 20, 2014 Sold $80,000 MLS #08503457
Dec 13, 2013 Listed $89,900 MLS #08503457

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $78,794 $12,663 $91,457 $6,488
2024 $72,883 $11,713 $84,596 $6,066
2022 $57,008 $9,455 $66,463 $5,296
2021 $53,110 $8,808 $61,918 $5,078
2020 $51,230 $8,496 $59,726 $4,946
2019 $49,033 $8,132 $57,165 $4,823
2018 $29,743 $15,119 $44,862 $3,817
2017 $28,020 $14,243 $42,263 $3,724
2016 $26,280 $13,359 $39,639 $4,298
2015 $24,648 $12,530 $37,178 $4,232
2014 $27,965 $11,937 $39,902 $4,718
2013 $29,197 $12,463 $41,660 $3,390
2012 $31,124 $13,285 $44,409 $3,526
2011 $34,225 $14,609 $48,834 $3,444
2010 $36,577 $15,613 $52,190 $3,449
2009 $41,966 $15,613 $57,579 $3,371
2008 $41,966 $15,613 $57,579 $3,563
2007 $40,807 $15,182 $55,989 $3,499
2006 $38,775 $14,426 $53,201 $3,367

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,008 sqft
Lot size
9,535 sqft
ZIP code
60156
City
Lake in the Hills
Street
Oak St
Coordinates
42.18725, -88.31726

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
$1,814
Gross rental yield
9.38%
Implied cap rate
6.10%
Trend-extrapolated value

Frequently asked questions

When did 502 Oak St last sell?
502 Oak St most recently sold on Oct 28, 2022 for $232,000.
What is the current tax assessment for 502 Oak St?
The most recent total assessment for 502 Oak St (year 2025) is $91,457 with $6,488 in property tax.
How does 502 Oak St's assessment compare to its last sale price?
The current assessment is 60.6% below the last sale price of $232,000.
When was 502 Oak St built?
502 Oak St was built in 1971.
How does 502 Oak St compare to others on Oak St?
We track 8 other properties on Oak St. Browse the list under "Other properties on Oak St" to compare beds, baths, and sale history.
What are the property facts for 502 Oak St?
502 Oak St is a 3 bed, 2 bath, 1,008 sqft, 9,535 sqft lot single_family.
Is 502 Oak St a flip candidate?
No — 502 Oak St does not appear in our flips dataset.
Is 502 Oak St a tax-appeal candidate?
No — 502 Oak St 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
+6.4%
Implied 1-yr
+25.4%
2026 Q3
$686.3K
2026 Q4
$686.3K
ZIP 60156 — Median Price History + Forecast

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