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627 Fairfield Rd

Lake Villa, IL 60046

4 bd 5 ba 2,619 sqft Built 1987 Lot 997,088 sqft single_family
Most recent sale
$1,000,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $1,000,000 MLS #10690287
Apr 15, 2020 Listed $1,100,000 MLS #10690287
Nov 18, 2016 Listing removed $1,500,000 MRED
Oct 14, 2015 Listing removed $1,500,000 MetroMLS
Jul 13, 2015 Listed $1,500,000 MLS #1432188
May 7, 2015 Listed $1,500,000 MLS #08914559
Sep 1, 2014 Listing removed $1,525,000 MRED
May 17, 2014 Price changed $1,525,000 MLS #08603379
May 2, 2014 Listed $1,295,000 MLS #08603379
Apr 30, 2014 Listing removed $1,295,000 MRED
Oct 31, 2013 Listed $1,295,000 MLS #08478642
Aug 26, 2013 Listed $1,295,000 MLS #08429582

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $155,323 $47,539 $202,862 $16,018
2023 $146,704 $43,953 $190,657 $15,604
2022 $131,914 $35,588 $167,502 $12,856
2021 $124,462 $32,776 $157,238 $13,209
2020 $121,341 $31,248 $152,589 $13,561
2019 $117,671 $29,623 $147,294 $14,418
2018 $114,538 $41,829 $156,367 $16,359
2017 $112,218 $40,322 $152,540 $15,129
2016 $108,790 $38,297 $147,087 $16,658
2015 $103,427 $35,539 $138,966 $16,292
2014 $103,427 $35,539 $138,966 $19,281
2013 $113,960 $48,057 $162,017 $18,343
2012 $115,173 $48,407 $163,580 $17,062
2011 $119,127 $50,512 $169,639 $15,770
2010 $136,714 $52,354 $189,068 $16,124
2009 $143,047 $54,889 $197,936 $15,252
2008 $139,695 $53,117 $192,812 $14,763
2007 $135,666 $51,585 $187,251 $14,082
2006 $130,143 $49,379 $179,522 $13,503

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
2,619 sqft
Lot size
997,088 sqft
ZIP code
60046
City
Lake Villa
Street
Fairfield Rd
Coordinates
42.40350, -88.10627

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,714
Gross rental yield
5.66%
Implied cap rate
3.68%
Trend-extrapolated value

Frequently asked questions

When did 627 Fairfield Rd last sell?
627 Fairfield Rd most recently sold on May 31, 2022 for $1,000,000.
What is the current tax assessment for 627 Fairfield Rd?
The most recent total assessment for 627 Fairfield Rd (year 2024) is $202,862 with $16,018 in property tax.
How does 627 Fairfield Rd's assessment compare to its last sale price?
The current assessment is 79.7% below the last sale price of $1,000,000.
When was 627 Fairfield Rd built?
627 Fairfield Rd was built in 1987.
How does 627 Fairfield Rd compare to others on Fairfield Rd?
We track 8 other properties on Fairfield Rd. Browse the list under "Other properties on Fairfield Rd" to compare beds, baths, and sale history.
What are the property facts for 627 Fairfield Rd?
627 Fairfield Rd is a 4 bed, 5 bath, 2,619 sqft, 997,088 sqft lot single_family.
Is 627 Fairfield Rd a flip candidate?
No — 627 Fairfield Rd does not appear in our flips dataset.
Is 627 Fairfield Rd a tax-appeal candidate?
No — 627 Fairfield Rd 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
+1.1%
Implied 1-yr
+4.3%
2026 Q3
$387.5K
2026 Q4
$391.4K
ZIP 60046 — Median Price History + Forecast

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