587 Water Tower Rd
Manteno, IL 60950
4 bd 4 ba 2,600 sqft Built 1997 Lot 11,250 sqft single_family
Most recent sale
$425,000
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 15, 2024 | Sold | $450,000 | MRED |
| Apr 1, 2024 | Listed | $449,900 | MRED |
| Jul 29, 2022 | Sold | $425,000 | MLS #11424812 |
| Jun 4, 2022 | Listed | $429,900 | MLS #11424812 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $109,703 | $14,626 | $124,329 | $10,864 |
| 2022 | $89,650 | $12,116 | $101,766 | $9,916 |
| 2021 | $83,119 | $12,116 | $95,235 | $9,374 |
| 2020 | $79,477 | $11,792 | $91,269 | $9,228 |
| 2019 | $78,036 | $11,675 | $89,711 | $9,122 |
| 2018 | $74,477 | $11,502 | $85,979 | $8,540 |
| 2017 | $71,495 | $11,388 | $82,883 | $8,083 |
| 2016 | $72,301 | $11,388 | $83,689 | $7,853 |
| 2015 | $69,353 | $11,165 | $80,518 | $7,413 |
| 2014 | $67,542 | $12,265 | $79,807 | $7,029 |
| 2013 | $68,668 | $12,389 | $81,057 | $6,996 |
| 2012 | $68,029 | $12,000 | $80,029 | $6,572 |
| 2010 | $76,349 | $13,621 | $89,970 | $6,815 |
| 2009 | $84,966 | $13,621 | $98,587 | $7,091 |
| 2008 | $84,867 | $13,097 | $97,964 | $6,923 |
| 2007 | $79,569 | $12,240 | $91,809 | $6,594 |
| 2005 | $74,181 | $8,857 | $83,038 | $5,898 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,600 sqft
Lot size
11,250 sqft
ZIP code
60950
City
Manteno
Street
Water Tower Rd
Coordinates
41.25839, -87.84274
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
$4,680
Gross rental yield
13.21%
Implied cap rate
8.59%
Trend-extrapolated value
—
Frequently asked questions
When did 587 Water Tower Rd last sell?
587 Water Tower Rd most recently sold on Jul 29, 2022 for $425,000.
What is the current tax assessment for 587 Water Tower Rd?
The most recent total assessment for 587 Water Tower Rd (year 2024) is $124,329 with $10,864 in property tax.
How does 587 Water Tower Rd's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $425,000.
When was 587 Water Tower Rd built?
587 Water Tower Rd was built in 1997.
How does 587 Water Tower Rd compare to others on Water Tower Rd?
We track 8 other properties on Water Tower Rd. Browse the list under "Other properties on Water Tower Rd" to compare beds, baths, and sale history.
What are the property facts for 587 Water Tower Rd?
587 Water Tower Rd is a 4 bed, 4 bath, 2,600 sqft, 11,250 sqft lot single_family.
Is 587 Water Tower Rd a flip candidate?
No — 587 Water Tower Rd does not appear in our flips dataset.
Is 587 Water Tower Rd a tax-appeal candidate?
No — 587 Water Tower 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
+17.6%
2026 Q3
$354.2K
2026 Q4
$366.3K
ZIP 60950 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water Tower Rd