7220 Mabels Way
Loves Park, IL 61111
3 bd 2 ba 1,277 sqft Built 2002 condos
Most recent sale
$150,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $150,000 | MLS #11346679 |
| Mar 14, 2022 | Listed | $139,900 | MLS #11346679 |
| Feb 26, 2019 | Sold | $92,500 | Public Record |
| Jul 19, 2017 | Sold | $92,500 | Public Record |
| May 2, 2017 | Price changed | $99,500 | MLS #201701944 |
| Apr 10, 2017 | Listed | $102,900 | MLS #201701944 |
| Jun 2, 2011 | Price changed | $96,000 | MLS #07750944 |
| May 23, 2011 | Price changed | $96,499 | MLS #1618362 |
| May 22, 2011 | Price changed | $96,499 | MLS #60998 |
| Mar 11, 2011 | Listed | $98,499 | MLS #1618362 |
| Mar 8, 2011 | Listed | $98,499 | MLS #60998 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $45,281 | $4,411 | $49,692 | $3,709 |
| 2023 | $45,281 | $4,411 | $49,692 | $3,547 |
| 2022 | $35,687 | $3,476 | $39,163 | $2,939 |
| 2021 | $32,722 | $3,187 | $35,909 | $2,837 |
| 2020 | $31,055 | $3,013 | $34,068 | $2,783 |
| 2019 | $29,599 | $2,872 | $32,471 | $3,348 |
| 2018 | $27,895 | $2,706 | $30,601 | $3,354 |
| 2017 | $25,870 | $2,591 | $28,461 | $2,555 |
| 2016 | $21,721 | $2,542 | $24,263 | $2,112 |
| 2015 | $21,721 | $2,542 | $24,263 | $2,140 |
| 2014 | $23,427 | $3,178 | $26,605 | $2,366 |
| 2013 | $24,888 | $3,376 | $28,264 | $2,391 |
| 2012 | $26,395 | $3,580 | $29,975 | $2,375 |
| 2011 | $30,563 | $3,773 | $34,336 | $2,752 |
| 2010 | $32,168 | $3,971 | $36,139 | $2,664 |
| 2009 | $35,734 | $4,028 | $39,762 | $2,800 |
| 2008 | $38,223 | $3,907 | $42,130 | $2,980 |
| 2007 | $36,483 | $3,729 | $40,212 | $2,813 |
| 2006 | $35,709 | $3,457 | $39,166 | $2,779 |
Property facts
Year built
2002
Property type
condos
Stories
2
Beds
3
Baths
2
Living area
1,277 sqft
Lot size
—
ZIP code
61111
City
Loves Park
Street
Mabels Way
Coordinates
42.32592, -88.97291
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7220 Mabels Way last sell?
7220 Mabels Way most recently sold on May 6, 2022 for $150,000.
What is the current tax assessment for 7220 Mabels Way?
The most recent total assessment for 7220 Mabels Way (year 2024) is $49,692 with $3,709 in property tax.
How does 7220 Mabels Way's assessment compare to its last sale price?
The current assessment is 66.9% below the last sale price of $150,000.
When was 7220 Mabels Way built?
7220 Mabels Way was built in 2002.
How does 7220 Mabels Way compare to others on Mabels Way?
We track 8 other properties on Mabels Way. Browse the list under "Other properties on Mabels Way" to compare beds, baths, and sale history.
What are the property facts for 7220 Mabels Way?
7220 Mabels Way is a 3 bed, 2 bath, 1,277 sqft condos.
Is 7220 Mabels Way a flip candidate?
No — 7220 Mabels Way does not appear in our flips dataset.
Is 7220 Mabels Way a tax-appeal candidate?
No — 7220 Mabels Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-5.8%
2026 Q3
$200.9K
2026 Q4
$197.7K
ZIP 61111 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mabels Way