517 Lanark Ave
Lanark, IL 61046
3 bd 2 ba 1,492 sqft Built 1958 Lot 7,405 sqft single_family
Most recent sale
$120,000
May 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 24, 2022 | Sold | $120,000 | MLS #11328615 |
| Feb 19, 2022 | Listed | $125,000 | MLS #11328615 |
| Oct 19, 1950 | Sold | $63,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $29,987 | $2,915 | $32,902 | $2,113 |
| 2022 | $26,774 | $2,603 | $29,377 | $1,903 |
| 2021 | $26,774 | $2,603 | $29,377 | $1,976 |
| 2020 | $25,497 | $2,603 | $28,100 | $1,876 |
| 2019 | $25,497 | $2,603 | $28,100 | $1,943 |
| 2018 | $25,497 | $2,603 | $28,100 | $1,947 |
| 2017 | $25,497 | $2,603 | $28,100 | $1,930 |
| 2016 | $24,827 | $2,603 | $27,430 | $1,855 |
| 2015 | $24,827 | $2,603 | $27,430 | $1,840 |
| 2014 | $24,827 | $2,603 | $27,430 | $1,753 |
| 2013 | $24,827 | $2,603 | $27,430 | $1,913 |
| 2012 | $27,886 | $1,693 | $29,579 | $2,099 |
| 2011 | $27,886 | $1,693 | $29,579 | $2,035 |
| 2010 | $30,644 | $1,860 | $32,504 | $2,136 |
| 2009 | $30,644 | $1,860 | $32,504 | $2,028 |
| 2008 | $30,554 | $1,852 | $32,406 | $1,993 |
Property facts
Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,492 sqft
Lot size
7,405 sqft
ZIP code
61046
City
Lanark
Street
Lanark Ave
Coordinates
42.09827, -89.83978
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 517 Lanark Ave last sell?
517 Lanark Ave most recently sold on May 24, 2022 for $120,000.
What is the current tax assessment for 517 Lanark Ave?
The most recent total assessment for 517 Lanark Ave (year 2023) is $32,902 with $2,113 in property tax.
How does 517 Lanark Ave's assessment compare to its last sale price?
The current assessment is 72.6% below the last sale price of $120,000.
When was 517 Lanark Ave built?
517 Lanark Ave was built in 1958.
How does 517 Lanark Ave compare to others on Lanark Ave?
We track 7 other properties on Lanark Ave. Browse the list under "Other properties on Lanark Ave" to compare beds, baths, and sale history.
What are the property facts for 517 Lanark Ave?
517 Lanark Ave is a 3 bed, 2 bath, 1,492 sqft, 7,405 sqft lot single_family.
Is 517 Lanark Ave a flip candidate?
No — 517 Lanark Ave does not appear in our flips dataset.
Is 517 Lanark Ave a tax-appeal candidate?
No — 517 Lanark Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.0%
Implied 1-yr
-11.9%
2026 Q3
$641.3K
2026 Q4
$641.3K
ZIP 61046 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lanark Ave