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740 Meadow Ln

Marengo, IL 60152

2 bd 2 ba 1,654 sqft Built 2003 townhomes
Most recent sale
$245,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $245,000 MLS #11429426
Jun 9, 2022 Listed $249,900 MLS #11429426
Jul 16, 2003 Sold $195,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $75,458 $6,610 $82,068 $4,878
2022 $61,655 $5,401 $67,056 $5,332
2021 $57,125 $5,004 $62,129 $3,913
2020 $54,004 $4,731 $58,735 $4,856
2019 $51,688 $4,528 $56,216 $5,117
2018 $48,729 $3,483 $52,212 $4,610
2017 $47,104 $3,367 $50,471 $4,508
2016 $45,310 $3,239 $48,549 $4,420
2015 $41,814 $2,989 $44,803 $4,166
2014 $34,332 $7,873 $42,205 $3,922
2013 $35,610 $8,166 $43,776 $3,915
2012 $38,004 $8,715 $46,719 $4,032
2011 $42,373 $9,717 $52,090 $3,971
2010 $54,815 $10,036 $64,851 $4,686
2009 $59,783 $10,946 $70,729 $4,594
2008 $60,879 $11,147 $72,026 $4,581
2007 $64,349 $11,000 $75,349 $4,807
2006 $60,427 $10,330 $70,757 $4,590

Property facts

Year built
2003
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,654 sqft
Lot size
ZIP code
60152
City
Marengo
Street
Meadow Ln
Coordinates
42.23675, -88.59832

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 740 Meadow Ln last sell?
740 Meadow Ln most recently sold on Aug 5, 2022 for $245,000.
What is the current tax assessment for 740 Meadow Ln?
The most recent total assessment for 740 Meadow Ln (year 2024) is $82,068 with $4,878 in property tax.
How does 740 Meadow Ln's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $245,000.
When was 740 Meadow Ln built?
740 Meadow Ln was built in 2003.
How does 740 Meadow Ln compare to others on Meadow Ln?
We track 8 other properties on Meadow Ln. Browse the list under "Other properties on Meadow Ln" to compare beds, baths, and sale history.
What are the property facts for 740 Meadow Ln?
740 Meadow Ln is a 2 bed, 2 bath, 1,654 sqft townhomes.
Is 740 Meadow Ln a flip candidate?
No — 740 Meadow Ln does not appear in our flips dataset.
Is 740 Meadow Ln a tax-appeal candidate?
No — 740 Meadow 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
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$244.1K
2026 Q4
$240.1K
ZIP 60152 — Median Price History + Forecast

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