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1007 Colonial Dr

Machesney Park, IL 61115

3 bd 1 ba 1,857 sqft Built 1960 Lot 7,963 sqft single_family
Most recent sale
$119,000
Jan 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 6, 2022 Sold $119,000 MLS #11274850
Nov 20, 2021 Listed $119,999 MLS #202107686
Jun 12, 2017 Sold $75,000 Public Record
Apr 21, 2017 Listing removed $75,000 NorthWestILAlliance
Apr 18, 2017 Listed $75,000 MLS #201702117
Nov 8, 2013 Sold $51,013 MLS #08441036
Sep 30, 2013 Listing removed $51,013 NorthWestILAlliance
Sep 10, 2013 Listed $51,013 MLS #08441036
Sep 5, 2013 Listed $51,013 MLS #201305855
Apr 29, 2005 Sold $51,700 Public Record
Jun 1, 2004 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $46,206 $5,384 $51,590 $3,498
2023 $42,021 $4,896 $46,917 $3,077
2022 $34,038 $3,966 $38,004 $3,008
2021 $31,657 $3,689 $35,346 $2,768
2020 $30,155 $3,514 $33,669 $2,530
2019 $28,884 $3,366 $32,250 $2,591
2018 $27,937 $3,256 $31,193 $2,760
2017 $27,171 $3,167 $30,338 $2,704
2016 $26,630 $3,104 $29,734 $2,433
2015 $26,164 $3,050 $29,214 $2,630
2014 $26,164 $3,050 $29,214 $2,606
2013 $27,271 $3,179 $30,450 $2,591
2012 $28,923 $3,372 $32,295 $2,567
2011 $30,128 $3,513 $33,641 $2,507
2010 $31,528 $3,676 $35,204 $2,479
2009 $32,517 $3,791 $36,308 $2,427
2008 $31,986 $3,729 $35,715 $2,403
2007 $30,973 $3,611 $34,584 $2,294
2006 $29,833 $3,478 $33,311 $2,239

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,857 sqft
Lot size
7,963 sqft
ZIP code
61115
City
Machesney Park
Street
Colonial Dr
Coordinates
42.32952, -89.04731

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$714
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1007 Colonial Dr last sell?
1007 Colonial Dr most recently sold on Jan 6, 2022 for $119,000.
What is the current tax assessment for 1007 Colonial Dr?
The most recent total assessment for 1007 Colonial Dr (year 2025) is $51,590 with $3,498 in property tax.
How does 1007 Colonial Dr's assessment compare to its last sale price?
The current assessment is 56.6% below the last sale price of $119,000.
When was 1007 Colonial Dr built?
1007 Colonial Dr was built in 1960.
How does 1007 Colonial Dr compare to others on Colonial Dr?
We track 8 other properties on Colonial Dr. Browse the list under "Other properties on Colonial Dr" to compare beds, baths, and sale history.
What are the property facts for 1007 Colonial Dr?
1007 Colonial Dr is a 3 bed, 1 bath, 1,857 sqft, 7,963 sqft lot single_family.
Is 1007 Colonial Dr a flip candidate?
No — 1007 Colonial Dr does not appear in our flips dataset.
Is 1007 Colonial Dr a tax-appeal candidate?
No — 1007 Colonial 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
+4.4%
Implied 1-yr
+17.7%
2026 Q2
$213.9K
2026 Q3
$221.2K
ZIP 61115 — Median Price History + Forecast

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