243 Teakwood Rd
Machesney Park, IL 61115
3 bd 3 ba 2,116 sqft Built 1997 Lot 15,246 sqft single_family
Most recent sale
$240,000
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 12, 2024 | Sold | $280,000 | NorthWestILAlliance |
| Sep 13, 2022 | Sold | $240,000 | Public Record |
| Aug 11, 2022 | Relisted | $259,000 | MLS #202205028 |
| Jul 29, 2022 | Listed | $259,000 | MLS #202205028 |
| Jul 30, 1997 | Sold | $72,000 | Public Record |
| Jun 12, 1997 | Sold | $22,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $77,933 | $11,459 | $89,392 | $6,110 |
| 2023 | $70,874 | $10,421 | $81,295 | $6,311 |
| 2022 | $50,768 | $8,441 | $59,209 | $3,446 |
| 2021 | $47,217 | $7,851 | $55,068 | $3,526 |
| 2020 | $44,977 | $7,479 | $52,456 | $3,421 |
| 2019 | $43,081 | $7,164 | $50,245 | $3,686 |
| 2018 | $41,668 | $6,929 | $48,597 | $4,083 |
| 2017 | $40,525 | $6,739 | $47,264 | $4,141 |
| 2016 | $39,719 | $6,605 | $46,324 | $4,061 |
| 2015 | $39,024 | $6,489 | $45,513 | $4,601 |
| 2014 | $39,024 | $6,489 | $45,513 | $4,565 |
| 2013 | $40,675 | $6,764 | $47,439 | $4,520 |
| 2012 | $43,138 | $7,174 | $50,312 | $4,448 |
| 2011 | $44,935 | $7,473 | $52,408 | $4,319 |
| 2010 | $47,023 | $7,820 | $54,843 | $4,254 |
| 2009 | $48,497 | $8,065 | $56,562 | $4,139 |
| 2008 | $47,705 | $7,933 | $55,638 | $4,079 |
| 2007 | $46,194 | $7,682 | $53,876 | $3,852 |
| 2006 | $44,494 | $7,399 | $51,893 | $3,722 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,116 sqft
Lot size
15,246 sqft
ZIP code
61115
City
Machesney Park
Street
Teakwood Rd
Coordinates
42.38194, -89.04361
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 243 Teakwood Rd last sell?
243 Teakwood Rd most recently sold on Sep 13, 2022 for $240,000.
What is the current tax assessment for 243 Teakwood Rd?
The most recent total assessment for 243 Teakwood Rd (year 2025) is $89,392 with $6,110 in property tax.
How does 243 Teakwood Rd's assessment compare to its last sale price?
The current assessment is 62.8% below the last sale price of $240,000.
When was 243 Teakwood Rd built?
243 Teakwood Rd was built in 1997.
How does 243 Teakwood Rd compare to others on Teakwood Rd?
We track 2 other properties on Teakwood Rd. Browse the list under "Other properties on Teakwood Rd" to compare beds, baths, and sale history.
What are the property facts for 243 Teakwood Rd?
243 Teakwood Rd is a 3 bed, 3 bath, 2,116 sqft, 15,246 sqft lot single_family.
Is 243 Teakwood Rd a flip candidate?
No — 243 Teakwood Rd does not appear in our flips dataset.
Is 243 Teakwood Rd a tax-appeal candidate?
No — 243 Teakwood Rd 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 Teakwood Rd