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23540 Cedar Ln

Lake Zurich, IL 60047

4 bd 3 ba 1,870 sqft Built 1955 Lot 39,640 sqft single_family
Most recent sale
$276,500
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 26, 2022 Sold $276,500 MLS #11284736
Mar 15, 2022 Price changed $250,000 MLS #11284736
Feb 28, 2022 Price changed $293,000 MLS #11284736
Feb 15, 2022 Price changed $298,000 MLS #11284736
Feb 5, 2022 Price changed $305,000 MLS #11284736
Jan 28, 2022 Price changed $319,000 MLS #11284736
Dec 10, 2021 Listed $325,000 MLS #11284736
Jul 10, 2013 Listing removed $230,000 MRED
Mar 19, 2013 Price changed $230,000 MLS #08265986
Feb 7, 2013 Listed $245,000 MLS #08265986
Oct 8, 2004 Sold $257,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $70,147 $29,442 $99,589 $6,714
2019 $69,535 $29,185 $98,720 $6,616
2018 $55,703 $31,396 $87,099 $5,742
2017 $55,032 $31,018 $86,050 $5,647
2016 $53,289 $30,036 $83,325 $5,614
2015 $50,756 $28,608 $79,364 $5,469
2014 $50,756 $28,608 $79,364 $5,770
2013 $54,769 $25,588 $80,357 $5,723
2012 $55,271 $25,823 $81,094 $5,495
2011 $60,452 $26,682 $87,134 $5,391
2010 $70,296 $25,759 $96,055 $5,515
2009 $73,225 $26,832 $100,057 $5,421
2008 $71,513 $26,515 $98,028 $5,313
2007 $77,626 $26,329 $103,955 $5,564
2006 $71,329 $26,489 $97,818 $5,380

Property facts

Year built
1955
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,870 sqft
Lot size
39,640 sqft
ZIP code
60047
City
Lake Zurich
Street
Cedar Ln
Coordinates
42.20539, -88.09039

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,659
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 23540 Cedar Ln last sell?
23540 Cedar Ln most recently sold on Apr 26, 2022 for $276,500.
What is the current tax assessment for 23540 Cedar Ln?
The most recent total assessment for 23540 Cedar Ln (year 2020) is $99,589 with $6,714 in property tax.
How does 23540 Cedar Ln's assessment compare to its last sale price?
The current assessment is 64.0% below the last sale price of $276,500.
When was 23540 Cedar Ln built?
23540 Cedar Ln was built in 1955.
How does 23540 Cedar Ln compare to others on Cedar Ln?
We track 3 other properties on Cedar Ln. Browse the list under "Other properties on Cedar Ln" to compare beds, baths, and sale history.
What are the property facts for 23540 Cedar Ln?
23540 Cedar Ln is a 4 bed, 3 bath, 1,870 sqft, 39,640 sqft lot single_family.
Is 23540 Cedar Ln a flip candidate?
No — 23540 Cedar Ln does not appear in our flips dataset.
Is 23540 Cedar Ln a tax-appeal candidate?
No — 23540 Cedar Ln 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
-4.4%
2026 Q3
$648.9K
2026 Q4
$641.2K
ZIP 60047 — Median Price History + Forecast

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