7480 Thomas Dr
Loves Park, IL 61111
2 bd 2 ba 1,880 sqft Built 2005 townhomes
Most recent sale
$140,000
Jan 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 24, 2025 | Sold | $203,000 | NorthWestILAlliance |
| May 20, 2025 | Price changed | $203,000 | MRED |
| Apr 28, 2025 | Listed | $208,000 | MRED |
| Jan 3, 2022 | Sold | $140,000 | Public Record |
| Dec 21, 2021 | Sold | $140,000 | MLS #11267295 |
| Nov 10, 2021 | Listed | $140,000 | MLS #202107449 |
| Nov 8, 2005 | Sold | $127,160 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $44,550 | $7,990 | $52,540 | $3,658 |
| 2023 | $40,515 | $7,266 | $47,781 | $2,523 |
| 2022 | $31,031 | $5,886 | $36,917 | $2,276 |
| 2021 | $28,861 | $5,474 | $34,335 | $1,632 |
| 2020 | $27,492 | $5,214 | $32,706 | $1,706 |
| 2019 | $26,333 | $4,994 | $31,327 | $1,773 |
| 2018 | $25,470 | $4,830 | $30,300 | $1,884 |
| 2017 | $24,771 | $4,698 | $29,469 | $1,954 |
| 2016 | $24,278 | $4,605 | $28,883 | $1,986 |
| 2015 | $23,853 | $4,524 | $28,377 | $2,014 |
| 2014 | $23,853 | $4,524 | $28,377 | $1,976 |
| 2013 | $24,862 | $4,715 | $29,577 | $1,975 |
| 2012 | $26,325 | $4,587 | $30,912 | $2,052 |
| 2011 | $33,604 | $4,778 | $38,382 | $2,358 |
| 2010 | $33,743 | $3,257 | $37,000 | $2,190 |
| 2009 | $34,801 | $3,359 | $38,160 | $2,053 |
| 2008 | $34,233 | $3,304 | $37,537 | $2,055 |
| 2007 | $33,149 | $3,199 | $36,348 | $2,097 |
| 2006 | $31,929 | $3,081 | $35,010 | $2,135 |
Property facts
Year built
2005
Property type
townhomes
Stories
—
Beds
2
Baths
2
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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7480 Thomas Dr last sell?
7480 Thomas Dr most recently sold on Jan 3, 2022 for $140,000.
What is the current tax assessment for 7480 Thomas Dr?
The most recent total assessment for 7480 Thomas Dr (year 2025) is $52,540 with $3,658 in property tax.
How does 7480 Thomas Dr's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $140,000.
When was 7480 Thomas Dr built?
7480 Thomas Dr was built in 2005.
How does 7480 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 7480 Thomas Dr?
7480 Thomas Dr is a 2 bed, 2 bath, 1,880 sqft townhomes.
Is 7480 Thomas Dr a flip candidate?
No — 7480 Thomas Dr does not appear in our flips dataset.
Is 7480 Thomas Dr a tax-appeal candidate?
No — 7480 Thomas Dr 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 Thomas Dr