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8505 Watson Cir

Lakewood, IL 60014

4 bd 4 ba 2,725 sqft Built 2001 Lot 23,052 sqft single_family
Most recent sale
$551,000
Jun 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2022 Sold $551,000 MLS #11358977
Mar 29, 2022 Listed $519,000 MLS #11358977
Aug 25, 2011 Sold $377,500 Public Record
Mar 5, 2001 Sold $298,000 Public Record
Oct 21, 1999 Sold $200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $98,491 $25,619 $124,110 $9,226
2022 $80,565 $20,956 $101,521 $8,451
2021 $75,876 $19,736 $95,612 $8,068
2020 $73,852 $19,210 $93,062 $7,970
2019 $71,966 $18,720 $90,686 $7,853
2018 $114,754 $15,321 $130,075 $11,770
2017 $108,146 $14,439 $122,585 $11,690
2016 $102,820 $13,728 $116,548 $11,759
2015 $97,174 $12,974 $110,148 $11,650
2014 $91,520 $13,480 $105,000 $11,507
2013 $94,947 $12,592 $107,539 $11,310
2012 $95,713 $12,694 $108,407 $10,547
2011 $82,677 $33,649 $116,326 $9,838
2010 $78,508 $31,952 $110,460 $8,910
2009 $99,771 $35,502 $135,273 $9,498
2008 $99,771 $35,502 $135,273 $9,303
2007 $96,528 $34,348 $130,876 $8,846
2006 $92,063 $32,759 $124,822 $8,494

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,725 sqft
Lot size
23,052 sqft
ZIP code
60014
City
Lakewood
Street
Watson Cir
Coordinates
42.20569, -88.38483

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,905
Gross rental yield
10.68%
Implied cap rate
6.94%
Trend-extrapolated value

Frequently asked questions

When did 8505 Watson Cir last sell?
8505 Watson Cir most recently sold on Jun 21, 2022 for $551,000.
What is the current tax assessment for 8505 Watson Cir?
The most recent total assessment for 8505 Watson Cir (year 2024) is $124,110 with $9,226 in property tax.
How does 8505 Watson Cir's assessment compare to its last sale price?
The current assessment is 77.5% below the last sale price of $551,000.
When was 8505 Watson Cir built?
8505 Watson Cir was built in 2001.
How does 8505 Watson Cir compare to others on Watson Cir?
We track 5 other properties on Watson Cir. Browse the list under "Other properties on Watson Cir" to compare beds, baths, and sale history.
What are the property facts for 8505 Watson Cir?
8505 Watson Cir is a 4 bed, 4 bath, 2,725 sqft, 23,052 sqft lot single_family.
Is 8505 Watson Cir a flip candidate?
No — 8505 Watson Cir does not appear in our flips dataset.
Is 8505 Watson Cir a tax-appeal candidate?
No — 8505 Watson Cir 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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