518 Drake St
Libertyville, IL 60048
3 bd 2 ba 1,198 sqft Built 1957 single_family
Most recent sale
$360,000
Apr 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 11, 2022 | Sold | $360,000 | MLS #11323285 |
| Feb 17, 2022 | Listed | $370,000 | MLS #11323285 |
| Mar 23, 2015 | Sold | $274,500 | Public Record |
| Jan 29, 2015 | Sold | $274,500 | MLS #08793135 |
| Nov 26, 2014 | Listed | $278,500 | MLS #08793135 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | $39,354 | $65,965 | $105,319 | $7,662 |
| 2019 | $38,980 | $65,338 | $104,318 | $7,472 |
| 2018 | $39,640 | $66,966 | $106,606 | $7,493 |
| 2017 | $38,389 | $64,852 | $103,241 | $7,282 |
| 2016 | $36,398 | $61,489 | $97,887 | $7,032 |
| 2015 | $34,020 | $57,472 | $91,492 | $7,445 |
| 2014 | $34,020 | $57,472 | $91,492 | $6,888 |
| 2013 | $31,368 | $52,991 | $84,359 | $6,706 |
| 2012 | $33,037 | $48,603 | $81,640 | $6,263 |
| 2011 | $38,908 | $52,991 | $91,899 | $6,445 |
| 2010 | $38,908 | $62,342 | $101,250 | $6,744 |
| 2009 | $40,800 | $65,372 | $106,172 | $6,142 |
| 2008 | $39,596 | $63,443 | $103,039 | $5,939 |
| 2007 | $38,242 | $61,274 | $99,516 | $5,680 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,198 sqft
Lot size
—
ZIP code
60048
City
Libertyville
Street
Drake St
Coordinates
42.27894, -87.96627
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,156
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value
—
Frequently asked questions
When did 518 Drake St last sell?
518 Drake St most recently sold on Apr 11, 2022 for $360,000.
What is the current tax assessment for 518 Drake St?
The most recent total assessment for 518 Drake St (year 2020) is $105,319 with $7,662 in property tax.
How does 518 Drake St's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $360,000.
When was 518 Drake St built?
518 Drake St was built in 1957.
How does 518 Drake St compare to others on Drake St?
We track 8 other properties on Drake St. Browse the list under "Other properties on Drake St" to compare beds, baths, and sale history.
What are the property facts for 518 Drake St?
518 Drake St is a 3 bed, 2 bath, 1,198 sqft single_family.
Is 518 Drake St a flip candidate?
No — 518 Drake St does not appear in our flips dataset.
Is 518 Drake St a tax-appeal candidate?
No — 518 Drake St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.7%
2026 Q3
$560.7K
2026 Q4
$546.4K
ZIP 60048 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Drake St