831 Emerald Ln
Machesney Park, IL 61115
2 bd 1 ba 1,655 sqft Built 1960 Lot 13,024 sqft single_family
Most recent sale
$116,500
Jul 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2022 | Sold | $116,500 | MLS #11426065 |
| Jun 6, 2022 | Listed | $110,000 | MLS #11426065 |
| Jul 13, 1998 | Sold | $62,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $42,877 | $3,999 | $46,876 | $2,753 |
| 2023 | $38,993 | $3,637 | $42,630 | $2,749 |
| 2022 | $29,977 | $2,946 | $32,923 | $2,061 |
| 2021 | $27,880 | $2,740 | $30,620 | $1,850 |
| 2020 | $26,557 | $2,610 | $29,167 | $1,661 |
| 2019 | $25,438 | $2,500 | $27,938 | $1,250 |
| 2018 | $24,604 | $2,418 | $27,022 | $1,388 |
| 2017 | $23,929 | $2,352 | $26,281 | $1,407 |
| 2016 | $23,453 | $2,305 | $25,758 | $1,418 |
| 2015 | $23,043 | $2,265 | $25,308 | $1,435 |
| 2014 | $23,043 | $2,265 | $25,308 | $1,422 |
| 2013 | $24,018 | $2,361 | $26,379 | $1,342 |
| 2012 | $25,472 | $2,504 | $27,976 | $1,334 |
| 2011 | $26,533 | $2,608 | $29,141 | $1,215 |
| 2010 | $27,766 | $2,729 | $30,495 | $1,094 |
| 2009 | $28,637 | $2,815 | $31,452 | $1,032 |
| 2008 | $28,169 | $2,769 | $30,938 | $1,065 |
| 2007 | $27,277 | $2,681 | $29,958 | $1,116 |
| 2006 | $25,538 | $2,582 | $28,120 | $1,138 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,655 sqft
Lot size
13,024 sqft
ZIP code
61115
City
Machesney Park
Street
Emerald Ln
Coordinates
42.35210, -89.04390
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$699
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 831 Emerald Ln last sell?
831 Emerald Ln most recently sold on Jul 8, 2022 for $116,500.
What is the current tax assessment for 831 Emerald Ln?
The most recent total assessment for 831 Emerald Ln (year 2025) is $46,876 with $2,753 in property tax.
How does 831 Emerald Ln's assessment compare to its last sale price?
The current assessment is 59.8% below the last sale price of $116,500.
When was 831 Emerald Ln built?
831 Emerald Ln was built in 1960.
How does 831 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 831 Emerald Ln?
831 Emerald Ln is a 2 bed, 1 bath, 1,655 sqft, 13,024 sqft lot single_family.
Is 831 Emerald Ln a flip candidate?
No — 831 Emerald Ln does not appear in our flips dataset.
Is 831 Emerald Ln a tax-appeal candidate?
No — 831 Emerald Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.4%
Implied 1-yr
+17.7%
2026 Q2
$213.9K
2026 Q3
$221.2K
ZIP 61115 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Emerald Ln