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1714 48th Rd

Leland, IL 60531

5 bd 1 ba 2,252 sqft Built 1900 Lot 130,680 sqft single_family
Most recent sale
$280,000
Mar 17, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2023 Sold $280,000 MRED
Feb 1, 2023 Price changed $299,000 MRED
Jan 9, 2023 Price changed $315,000 MRED
Oct 4, 2022 Listed $324,900 MLS #11644812
Oct 4, 2022 Listing removed $340,000 MRED
Aug 26, 2022 Price changed $340,000 MLS #11447479
Aug 4, 2022 Price changed $349,900 MLS #11447479
Jul 11, 2022 Listed $375,000 MLS #11447479
Apr 17, 2000 Sold $163,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $46,679 $14,935 $61,614 $4,220
2023 $43,999 $14,083 $58,082 $3,759
2022 $34,847 $11,312 $46,159 $3,377
2021 $34,251 $11,077 $45,328 $3,313
2020 $33,224 $10,725 $43,949 $3,209
2019 $31,787 $10,261 $42,048 $3,099
2018 $29,026 $9,863 $38,889 $2,851
2017 $26,491 $9,055 $35,546 $2,612
2016 $24,758 $8,492 $33,250 $2,431
2015 $23,721 $3,972 $27,693 $1,933
2014 $22,219 $3,751 $25,970 $1,718
2013 $25,445 $4,105 $29,550 $2,025
2012 $27,870 $4,359 $32,229 $2,025
2011 $31,063 $4,721 $35,784 $2,246
2010 $34,449 $5,113 $39,562 $2,481
2009 $38,221 $5,564 $43,785 $2,770
2008 $37,846 $5,468 $43,314 $2,745
2006 $36,492 $5,248 $41,740 $3,386
2005 $48,548 $3,229

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
5
Baths
1
Living area
2,252 sqft
Lot size
130,680 sqft
ZIP code
60531
City
Leland
Street
48th Rd
Coordinates
41.63063, -88.83167

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,680
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1714 48th Rd last sell?
1714 48th Rd most recently sold on Mar 17, 2023 for $280,000.
What is the current tax assessment for 1714 48th Rd?
The most recent total assessment for 1714 48th Rd (year 2024) is $61,614 with $4,220 in property tax.
How does 1714 48th Rd's assessment compare to its last sale price?
The current assessment is 78.0% below the last sale price of $280,000.
When was 1714 48th Rd built?
1714 48th Rd was built in 1900.
How does 1714 48th Rd compare to others on 48th Rd?
We do not currently track other properties on 48th Rd.
What are the property facts for 1714 48th Rd?
1714 48th Rd is a 5 bed, 1 bath, 2,252 sqft, 130,680 sqft lot single_family.
Is 1714 48th Rd a flip candidate?
No — 1714 48th Rd does not appear in our flips dataset.
Is 1714 48th Rd a tax-appeal candidate?
No — 1714 48th Rd 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
+3.8%
Implied 1-yr
+15.0%
2026 Q2
$285.8K
2026 Q3
$294.4K
ZIP 60531 — Median Price History + Forecast

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