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560 Mihelich Ln

Lockport, IL 60441

2 bd 3 ba 2,600 sqft Built 2019 Lot 11,475 sqft townhomes
Most recent sale
$370,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2025 Sold $412,000 MRED
Feb 20, 2025 Listed $416,900 MRED
Nov 10, 2024 Price changed $419,900 MRED
Oct 24, 2024 Listed $429,900 MRED
May 10, 2022 Sold $370,000 MLS #11359381
Apr 1, 2022 Listed $369,900 MLS #11359381
Jul 24, 2020 Sold $264,900 MLS #10518495
Sep 15, 2019 Listed $264,900 MLS #10518495
Jun 18, 2019 Listing removed $264,900 MRED
May 30, 2019 Listing removed $264,900 MRED
May 21, 2019 Listed $264,900 MLS #10387799
Mar 25, 2019 Listed $264,900 MLS #10319459
Mar 25, 2019 Listing removed $264,900 MRED
Dec 17, 2018 Listing removed $254,900 MRED
Oct 22, 2018 Listed $264,900 MLS #10118549
Sep 4, 2018 Listed $254,900 MLS #10070993

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $82,504 $17,679 $100,183 $8,322
2022 $78,499 $16,821 $95,320 $7,777
2021 $73,770 $15,808 $89,578 $7,390
2020 $71,344 $15,288 $86,632 $7,752

Property facts

Year built
2019
Property type
townhomes
Stories
1
Beds
2
Baths
3
Living area
2,600 sqft
Lot size
11,475 sqft
ZIP code
60441
City
Lockport
Street
Mihelich Ln
Coordinates
41.57786, -88.05056

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
$2,220
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 560 Mihelich Ln last sell?
560 Mihelich Ln most recently sold on May 10, 2022 for $370,000.
What is the current tax assessment for 560 Mihelich Ln?
The most recent total assessment for 560 Mihelich Ln (year 2024) is $100,183 with $8,322 in property tax.
How does 560 Mihelich Ln's assessment compare to its last sale price?
The current assessment is 72.9% below the last sale price of $370,000.
When was 560 Mihelich Ln built?
560 Mihelich Ln was built in 2019.
How does 560 Mihelich Ln compare to others on Mihelich Ln?
We track 6 other properties on Mihelich Ln. Browse the list under "Other properties on Mihelich Ln" to compare beds, baths, and sale history.
What are the property facts for 560 Mihelich Ln?
560 Mihelich Ln is a 2 bed, 3 bath, 2,600 sqft, 11,475 sqft lot townhomes.
Is 560 Mihelich Ln a flip candidate?
Yes — 560 Mihelich Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 560 Mihelich Ln a tax-appeal candidate?
No — 560 Mihelich Ln 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
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$448.1K
2026 Q4
$453.8K
ZIP 60441 — Median Price History + Forecast

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