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7428 Thomas Dr

Loves Park, IL 61111

2 bd 3 ba 1,880 sqft Built 2006 townhomes
Most recent sale
$150,000
Jan 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2025 Price changed for rent $1,799 AppfolioUnits
Jun 24, 2025 Price changed for rent $1,995 AppfolioUnits
May 17, 2025 Listed for rent $2,100 AppfolioUnits
May 7, 2025 Sold $220,000 NorthWestILAlliance
Apr 1, 2025 Listed $203,000 MRED
Jan 25, 2022 Sold $150,000 Public Record
Dec 14, 2021 Price changed $159,500 MLS #11270476
Nov 15, 2021 Listed $164,500 MLS #11270476
Oct 26, 2007 Sold $165,275 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $44,554 $7,266 $51,820 $3,837
2023 $44,554 $7,266 $51,820 $3,212
2022 $32,533 $5,886 $38,419 $3,375
2021 $30,258 $5,474 $35,732 $2,793
2020 $28,823 $5,214 $34,037 $2,752
2019 $27,608 $4,994 $32,602 $3,326
2018 $26,703 $4,830 $31,533 $2,767
2017 $25,971 $4,698 $30,669 $2,773
2016 $25,454 $4,605 $30,059 $2,750
2015 $25,009 $4,524 $29,533 $2,727
2014 $25,009 $4,524 $29,533 $2,675
2013 $26,067 $4,715 $30,782 $2,635
2012 $26,325 $4,587 $30,912 $2,444
2011 $35,219 $4,778 $39,997 $3,269
2010 $37,109 $3,257 $40,366 $3,009
2009 $38,272 $3,359 $41,631 $2,925
2008 $37,647 $3,304 $40,951 $2,855
2007 $36,455 $3,199 $39,654 $3,136

Property facts

Year built
2006
Property type
townhomes
Stories
Beds
2
Baths
3
Living area
1,880 sqft
Lot size
ZIP code
61111
City
Loves Park
Street
Thomas Dr
Coordinates
42.32946, -88.97025

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
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7428 Thomas Dr last sell?
7428 Thomas Dr most recently sold on Jan 25, 2022 for $150,000.
What is the current tax assessment for 7428 Thomas Dr?
The most recent total assessment for 7428 Thomas Dr (year 2024) is $51,820 with $3,837 in property tax.
How does 7428 Thomas Dr's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $150,000.
When was 7428 Thomas Dr built?
7428 Thomas Dr was built in 2006.
How does 7428 Thomas Dr compare to others on Thomas Dr?
We track 8 other properties on Thomas Dr. Browse the list under "Other properties on Thomas Dr" to compare beds, baths, and sale history.
What are the property facts for 7428 Thomas Dr?
7428 Thomas Dr is a 2 bed, 3 bath, 1,880 sqft townhomes.
Is 7428 Thomas Dr a flip candidate?
No — 7428 Thomas Dr does not appear in our flips dataset.
Is 7428 Thomas Dr a tax-appeal candidate?
No — 7428 Thomas Dr 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
-1.5%
Implied 1-yr
-5.8%
2026 Q3
$200.9K
2026 Q4
$197.7K
ZIP 61111 — Median Price History + Forecast

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