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224 State St

Lockport, IL 60441

2 bd 2 ba 1,008 sqft Built 1950 Lot 8,712 sqft single_family
Most recent sale
$140,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2023 Sold $274,900 MRED
Nov 23, 2022 Sold $140,000 Public Record
Oct 19, 2022 Sold $140,000 MLS #11405552
Sep 30, 2022 Price changed $154,900 MLS #11405552
May 16, 2022 Listed MLS #11405552
Mar 29, 2022 Listing removed $1 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $55,771 $22,151 $77,922 $6,003
2022 $46,704 $18,550 $65,254 $6,007
2021 $43,891 $17,433 $61,324 $5,156
2020 $42,448 $16,860 $59,308 $5,018
2019 $40,235 $15,981 $56,216 $4,756
2018 $37,196 $14,774 $51,970 $4,460
2017 $33,763 $13,411 $47,174 $4,092
2016 $31,145 $12,372 $43,517 $3,824
2015 $27,695 $11,002 $38,697 $3,489
2014 $26,630 $10,579 $37,209 $3,418
2013 $27,173 $10,795 $37,968 $3,435
2012 $33,138 $13,165 $46,303 $3,955
2011 $37,657 $14,960 $52,617 $4,139
2010 $41,841 $15,423 $57,264 $4,151
2009 $44,512 $16,407 $60,919 $4,145
2008 $44,512 $16,407 $60,919 $4,123
2007 $42,986 $15,845 $58,831 $4,041
2006 $39,437 $14,537 $53,974 $3,845

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,008 sqft
Lot size
8,712 sqft
ZIP code
60441
City
Lockport
Street
State St
Coordinates
41.59575, -88.05393

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 224 State St last sell?
224 State St most recently sold on Oct 19, 2022 for $140,000.
What is the current tax assessment for 224 State St?
The most recent total assessment for 224 State St (year 2024) is $77,922 with $6,003 in property tax.
How does 224 State St's assessment compare to its last sale price?
The current assessment is 44.3% below the last sale price of $140,000.
When was 224 State St built?
224 State St was built in 1950.
How does 224 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 224 State St?
224 State St is a 2 bed, 2 bath, 1,008 sqft, 8,712 sqft lot single_family.
Is 224 State St a flip candidate?
Yes — 224 State St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 224 State St a tax-appeal candidate?
No — 224 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
+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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