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1016 Emerald Ln

Machesney Park, IL 61115

3 bd 1 ba 891 sqft Built 1960 Lot 10,890 sqft single_family
Most recent sale
$106,900
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2022 Sold $106,900 MLS #11280561
Dec 3, 2021 Listed $106,900 MLS #202107901
Apr 10, 2007 Sold $73,500 Public Record
May 28, 2003 Sold $61,000 Public Record
Feb 1, 2002 Sold $45,000 Public Record
Apr 28, 1992 Sold $41,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $30,785 $3,435 $34,220 $2,246
2023 $30,785 $3,435 $34,220 $2,104
2022 $24,936 $2,783 $27,719 $2,606
2021 $23,192 $2,588 $25,780 $2,432
2020 $22,092 $2,465 $24,557 $2,245
2019 $21,161 $2,361 $23,522 $2,321
2018 $20,467 $2,284 $22,751 $2,492
2017 $19,906 $2,221 $22,127 $2,458
2016 $19,510 $2,177 $21,687 $2,427
2015 $19,169 $2,139 $21,308 $1,733
2014 $19,169 $2,139 $21,308 $1,718
2013 $19,980 $2,230 $22,210 $1,718
2012 $21,190 $2,365 $23,555 $1,713
2011 $22,073 $2,464 $24,537 $1,684
2010 $23,099 $2,579 $25,678 $1,670
2009 $23,823 $2,660 $26,483 $1,640
2008 $23,434 $2,617 $26,051 $1,634
2007 $22,692 $2,534 $25,226 $1,568
2006 $21,857 $2,441 $24,298 $1,526

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
891 sqft
Lot size
10,890 sqft
ZIP code
61115
City
Machesney Park
Street
Emerald Ln
Coordinates
42.35270, -89.04208

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$641
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1016 Emerald Ln last sell?
1016 Emerald Ln most recently sold on Jan 14, 2022 for $106,900.
What is the current tax assessment for 1016 Emerald Ln?
The most recent total assessment for 1016 Emerald Ln (year 2024) is $34,220 with $2,246 in property tax.
How does 1016 Emerald Ln's assessment compare to its last sale price?
The current assessment is 68.0% below the last sale price of $106,900.
When was 1016 Emerald Ln built?
1016 Emerald Ln was built in 1960.
How does 1016 Emerald Ln compare to others on Emerald Ln?
We track 8 other properties on Emerald Ln. Browse the list under "Other properties on Emerald Ln" to compare beds, baths, and sale history.
What are the property facts for 1016 Emerald Ln?
1016 Emerald Ln is a 3 bed, 1 bath, 891 sqft, 10,890 sqft lot single_family.
Is 1016 Emerald Ln a flip candidate?
No — 1016 Emerald Ln does not appear in our flips dataset.
Is 1016 Emerald Ln a tax-appeal candidate?
No — 1016 Emerald Ln 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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