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705 State St

Lemont, IL 60439

3 bd 1 ba 1,330 sqft Built 1949 Lot 4,356 sqft single_family
Most recent sale
$187,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 26, 2026 Listing removed $2,700 MRED
Mar 11, 2026 Sold $303,000 Public Record
Mar 10, 2026 Listed for rent $2,700 RentalBeast
Mar 9, 2026 Listed for rent $2,700 MRED
Mar 7, 2026 Listed for rent $2,700 Zumper
Mar 6, 2026 Sold $302,551 MRED
Jan 15, 2026 Listed $324,900 MRED
Aug 5, 2022 Sold $187,000 MLS #11459426
Jul 9, 2022 Listed $197,000 MLS #11459426
Jul 8, 2022 Listing removed $197,000 MRED
Jun 26, 2022 Listed $197,000 MLS #11447287
Mar 26, 2012 Sold $47,000 Public Record
Jan 10, 2003 Sold $163,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $18,160 $2,840 $21,000 $3,675
2022 $16,328 $2,499 $18,827 $4,570
2021 $16,328 $2,499 $18,827 $4,430
2020 $16,328 $2,499 $18,827 $4,477
2019 $16,781 $2,499 $19,280 $4,459
2018 $16,781 $2,499 $19,280 $4,386
2017 $16,781 $2,499 $19,280 $4,321
2016 $13,599 $2,044 $15,643 $3,693
2015 $13,599 $2,044 $15,643 $3,749
2014 $13,599 $2,044 $15,643 $3,784
2013 $16,256 $2,044 $18,300 $3,562
2012 $16,256 $2,044 $18,300 $3,484
2011 $16,256 $2,044 $18,300 $3,426
2010 $20,273 $2,044 $22,317 $3,217
2009 $20,273 $2,044 $22,317 $2,799
2008 $20,221 $3,271 $23,492 $1,935
2007 $15,995 $2,544 $18,539 $1,938
2006 $15,995 $2,544 $18,539 $1,832

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,330 sqft
Lot size
4,356 sqft
ZIP code
60439
City
Lemont
Street
State St
Coordinates
41.66886, -87.99982

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,122
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 State St last sell?
705 State St most recently sold on Aug 5, 2022 for $187,000.
What is the current tax assessment for 705 State St?
The most recent total assessment for 705 State St (year 2023) is $21,000 with $3,675 in property tax.
How does 705 State St's assessment compare to its last sale price?
The current assessment is 88.8% below the last sale price of $187,000.
When was 705 State St built?
705 State St was built in 1949.
How does 705 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 705 State St?
705 State St is a 3 bed, 1 bath, 1,330 sqft, 4,356 sqft lot single_family.
Is 705 State St a flip candidate?
No — 705 State St does not appear in our flips dataset.
Is 705 State St a tax-appeal candidate?
No — 705 State St 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
-0.4%
Implied 1-yr
-1.4%
2026 Q3
$527.9K
2026 Q4
$526.1K
ZIP 60439 — Median Price History + Forecast

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