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7431 Thomas Dr

Loves Park, IL 61111

2 bd 2 ba 1,920 sqft Built 2006 townhomes
Most recent sale
$140,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 28, 2024 Sold $187,000 NorthWestILAlliance
Jul 25, 2024 Listed $189,900 MRED
Jul 13, 2022 Sold $140,000 Public Record
Jul 8, 2022 Sold $140,000 MLS #11422607
Jun 2, 2022 Listed $140,000 MLS #11422607
Sep 12, 2006 Sold $137,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $47,305 $7,990 $55,295 $3,432
2023 $38,719 $7,266 $45,985 $2,796
2022 $31,363 $5,886 $37,249 $2,305
2021 $29,169 $5,474 $34,643 $1,759
2020 $27,785 $5,214 $32,999 $1,839
2019 $26,614 $4,994 $31,608 $1,912
2018 $25,741 $4,830 $30,571 $2,663
2017 $25,035 $4,698 $29,733 $2,669
2016 $24,537 $4,605 $29,142 $2,645
2015 $24,108 $4,524 $28,632 $2,623
2014 $24,108 $4,524 $28,632 $2,573
2013 $25,128 $4,715 $29,843 $2,535
2012 $26,325 $4,587 $30,912 $2,445
2011 $33,963 $4,778 $38,741 $3,149
2010 $33,743 $3,257 $37,000 $2,715
2009 $34,801 $3,359 $38,160 $2,640
2008 $34,233 $3,304 $37,537 $2,581
2007 $33,149 $3,199 $36,348 $2,480
2006 $11,197 $11,197 $759

Property facts

Year built
2006
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,920 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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7431 Thomas Dr last sell?
7431 Thomas Dr most recently sold on Jul 13, 2022 for $140,000.
What is the current tax assessment for 7431 Thomas Dr?
The most recent total assessment for 7431 Thomas Dr (year 2025) is $55,295 with $3,432 in property tax.
How does 7431 Thomas Dr's assessment compare to its last sale price?
The current assessment is 60.5% below the last sale price of $140,000.
When was 7431 Thomas Dr built?
7431 Thomas Dr was built in 2006.
How does 7431 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 7431 Thomas Dr?
7431 Thomas Dr is a 2 bed, 2 bath, 1,920 sqft townhomes.
Is 7431 Thomas Dr a flip candidate?
No — 7431 Thomas Dr does not appear in our flips dataset.
Is 7431 Thomas Dr a tax-appeal candidate?
No — 7431 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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