525 Lanark Ave
Lanark, IL 61046
3 bd 1 ba 1,659 sqft Built 1961 Lot 11,326 sqft single_family
Most recent sale
$100,000
Oct 19, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 28, 2023 | Listing removed | — | NorthWestILAlliance |
| Mar 27, 2023 | Sold | $123,500 | NorthWestILAlliance |
| Feb 8, 2023 | Price changed | $122,000 | NorthWestILAlliance |
| Dec 27, 2022 | Price changed | $126,525 | NorthWestILAlliance |
| Oct 24, 2022 | Price changed | $127,525 | NorthWestILAlliance |
| Oct 4, 2022 | Listed | $128,525 | NorthWestILAlliance |
| Oct 19, 2021 | Sold | $100,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $28,814 | $4,420 | $33,234 | $2,610 |
| 2022 | $25,727 | $3,946 | $29,673 | $2,416 |
| 2021 | $25,727 | $3,946 | $29,673 | $2,508 |
| 2020 | $22,751 | $3,946 | $26,697 | $2,265 |
| 2019 | $22,751 | $3,946 | $26,697 | $2,347 |
| 2018 | $22,751 | $3,946 | $26,697 | $2,352 |
| 2017 | $22,751 | $3,946 | $26,697 | $2,331 |
| 2016 | $21,878 | $3,946 | $25,824 | $1,716 |
| 2015 | $21,878 | $3,946 | $25,824 | $1,702 |
| 2014 | $21,878 | $3,946 | $25,824 | $1,622 |
| 2013 | $21,878 | $3,946 | $25,824 | $1,770 |
| 2012 | $21,774 | $2,566 | $24,340 | $1,632 |
| 2011 | $21,774 | $2,566 | $24,340 | $1,583 |
| 2010 | $23,928 | $2,820 | $26,748 | $1,672 |
| 2009 | $23,928 | $2,820 | $26,748 | $1,588 |
| 2008 | $23,628 | $2,808 | $26,436 | $1,550 |
Property facts
Year built
1961
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,659 sqft
Lot size
11,326 sqft
ZIP code
61046
City
Lanark
Street
Lanark Ave
Coordinates
42.09810, -89.83977
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 525 Lanark Ave last sell?
525 Lanark Ave most recently sold on Oct 19, 2021 for $100,000.
What is the current tax assessment for 525 Lanark Ave?
The most recent total assessment for 525 Lanark Ave (year 2023) is $33,234 with $2,610 in property tax.
How does 525 Lanark Ave's assessment compare to its last sale price?
The current assessment is 66.8% below the last sale price of $100,000.
When was 525 Lanark Ave built?
525 Lanark Ave was built in 1961.
How does 525 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 525 Lanark Ave?
525 Lanark Ave is a 3 bed, 1 bath, 1,659 sqft, 11,326 sqft lot single_family.
Is 525 Lanark Ave a flip candidate?
Yes — 525 Lanark Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 525 Lanark Ave a tax-appeal candidate?
No — 525 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