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1050 Cormar Dr

Lake Zurich, IL 60047

4 bd 3 ba 2,975 sqft Built 1998 Lot 10,019 sqft single_family
Most recent sale
$542,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2022 Sold $542,000 MLS #11340048
Mar 5, 2022 Listed $519,000 MLS #11340048
Feb 14, 2020 Listing removed $3,000 MRED
Feb 6, 2020 Listed for rent $3,000 MRED
Dec 5, 2019 Listing removed $419,900 MRED
Feb 28, 2017 Sold $400,000 MLS #09349983
Sep 23, 2016 Listed $409,900 MLS #09349983
Sep 22, 2016 Listing removed $419,900 MRED
Jul 20, 2016 Listed $419,900 MLS #09292402
Jan 12, 2010 Listing removed $459,900 MRED
Nov 21, 2009 Listed $459,900 MLS #07380472
Aug 20, 2008 Listing removed $484,900 MRED
Apr 19, 2008 Listed $484,900 MLS #06868161
Jun 7, 1999 Sold $280,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $154,190 $30,985 $185,175 $12,251
2023 $140,645 $28,263 $168,908 $12,242
2022 $131,585 $28,037 $159,622 $12,575
2021 $128,213 $27,319 $155,532 $12,154
2020 $128,213 $27,319 $155,532 $11,475
2019 $127,095 $27,081 $154,176 $11,299
2018 $106,255 $28,692 $134,947 $9,868
2017 $124,017 $28,346 $152,363 $10,193
2016 $120,090 $27,448 $147,538 $11,439
2015 $114,382 $26,143 $140,525 $11,304
2014 $114,382 $26,143 $140,525 $11,904
2013 $114,364 $30,824 $145,188 $11,810
2012 $115,413 $31,107 $146,520 $11,220
2011 $127,826 $31,843 $159,669 $10,569
2010 $113,678 $31,668 $145,346 $9,075
2009 $118,415 $32,988 $151,403 $8,730
2008 $116,014 $32,319 $148,333 $8,580
2007 $121,732 $32,092 $153,824 $8,795
2006 $131,748 $30,047 $161,795 $9,646

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,975 sqft
Lot size
10,019 sqft
ZIP code
60047
City
Lake Zurich
Street
Cormar Dr
Coordinates
42.21596, -88.06794

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
$5,355
Gross rental yield
11.86%
Implied cap rate
7.71%
Trend-extrapolated value

Frequently asked questions

When did 1050 Cormar Dr last sell?
1050 Cormar Dr most recently sold on Apr 6, 2022 for $542,000.
What is the current tax assessment for 1050 Cormar Dr?
The most recent total assessment for 1050 Cormar Dr (year 2024) is $185,175 with $12,251 in property tax.
How does 1050 Cormar Dr's assessment compare to its last sale price?
The current assessment is 65.8% below the last sale price of $542,000.
When was 1050 Cormar Dr built?
1050 Cormar Dr was built in 1998.
How does 1050 Cormar Dr compare to others on Cormar Dr?
We track 5 other properties on Cormar Dr. Browse the list under "Other properties on Cormar Dr" to compare beds, baths, and sale history.
What are the property facts for 1050 Cormar Dr?
1050 Cormar Dr is a 4 bed, 3 bath, 2,975 sqft, 10,019 sqft lot single_family.
Is 1050 Cormar Dr a flip candidate?
No — 1050 Cormar Dr does not appear in our flips dataset.
Is 1050 Cormar Dr a tax-appeal candidate?
No — 1050 Cormar Dr 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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