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8475 Merchant Ct

Lakewood, IL 60014

3 bd 3 ba 1,669 sqft Built 2002 townhomes
Most recent sale
$175,000
Feb 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 20, 2022 Price changed $297,500 MLS #11473746
Aug 4, 2022 Listed $300,000 MLS #11473746
Feb 3, 2021 Sold $175,000 Public Record
Dec 17, 2020 Sold $175,000 MLS #10798257
Oct 1, 2020 Price changed $179,900 MLS #10798257
Aug 27, 2020 Price changed $189,900 MLS #10798257
Jul 28, 2020 Listed $194,900 MLS #10798257
Aug 27, 2003 Sold $214,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $78,265 $5,589 $83,854 $6,027
2022 $64,019 $4,572 $68,591 $5,537
2021 $60,293 $4,306 $64,599 $5,275
2020 $58,685 $4,191 $62,876 $5,207
2019 $57,187 $4,084 $61,271 $5,125
2018 $52,758 $4,596 $57,354 $4,872
2017 $49,720 $4,331 $54,051 $4,818
2016 $47,271 $4,118 $51,389 $4,828
2015 $44,675 $3,892 $48,567 $4,762
2014 $44,080 $4,044 $48,124 $4,832
2013 $45,195 $1,923 $47,118 $4,506
2012 $45,559 $1,939 $47,498 $4,211
2011 $44,476 $14,712 $59,188 $4,668
2010 $42,233 $13,970 $56,203 $4,203
2009 $54,857 $13,970 $68,827 $4,520
2008 $54,857 $13,970 $68,827 $4,467
2007 $53,074 $13,516 $66,590 $4,293
2006 $50,492 $13,891 $64,383 $4,193

Property facts

Year built
2002
Property type
townhomes
Stories
Beds
3
Baths
3
Living area
1,669 sqft
Lot size
ZIP code
60014
City
Lakewood
Street
Merchant Ct
Coordinates
42.20662, -88.37241

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8475 Merchant Ct last sell?
8475 Merchant Ct most recently sold on Feb 3, 2021 for $175,000.
What is the current tax assessment for 8475 Merchant Ct?
The most recent total assessment for 8475 Merchant Ct (year 2024) is $83,854 with $6,027 in property tax.
How does 8475 Merchant Ct's assessment compare to its last sale price?
The current assessment is 52.1% below the last sale price of $175,000.
When was 8475 Merchant Ct built?
8475 Merchant Ct was built in 2002.
How does 8475 Merchant Ct compare to others on Merchant Ct?
We track 3 other properties on Merchant Ct. Browse the list under "Other properties on Merchant Ct" to compare beds, baths, and sale history.
What are the property facts for 8475 Merchant Ct?
8475 Merchant Ct is a 3 bed, 3 bath, 1,669 sqft townhomes.
Is 8475 Merchant Ct a flip candidate?
No — 8475 Merchant Ct does not appear in our flips dataset.
Is 8475 Merchant Ct a tax-appeal candidate?
No — 8475 Merchant Ct 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
+2.6%
Implied 1-yr
+10.3%
2026 Q3
$388.3K
2026 Q4
$396.9K
ZIP 60014 — Median Price History + Forecast

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