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714 Walnut Ln

Marengo, IL 60152

3 bd 2 ba 1,600 sqft Built 1994 Lot 10,735 sqft single_family
Most recent sale
$281,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $281,000 MLS #11345212
Mar 17, 2022 Listed $256,900 MLS #11345212

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $56,652 $17,516 $74,168 $3,170
2024 $51,908 $16,049 $67,957 $3,331
2022 $41,380 $12,794 $54,174 $4,321
2021 $37,704 $11,657 $49,361 $3,995
2020 $35,881 $11,093 $46,974 $3,913
2019 $33,998 $10,511 $44,509 $4,121
2018 $31,845 $9,845 $41,690 $3,803
2017 $30,165 $9,326 $39,491 $3,663
2016 $28,184 $8,713 $36,897 $3,519
2015 $27,515 $8,506 $36,021 $3,548
2014 $26,185 $8,095 $34,280 $3,433
2013 $27,575 $8,525 $36,100 $3,463
2012 $29,146 $9,011 $38,157 $3,406
2011 $34,253 $10,590 $44,843 $3,493
2010 $38,199 $11,810 $50,009 $3,546
2009 $42,185 $13,042 $55,227 $3,513
2008 $42,893 $13,261 $56,154 $3,500
2007 $41,696 $12,891 $54,587 $3,382
2006 $39,496 $12,211 $51,707 $3,274

Property facts

Year built
1994
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,600 sqft
Lot size
10,735 sqft
ZIP code
60152
City
Marengo
Street
Walnut Ln
Coordinates
42.25815, -88.60070

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,880
Gross rental yield
12.30%
Implied cap rate
7.99%
Trend-extrapolated value

Frequently asked questions

When did 714 Walnut Ln last sell?
714 Walnut Ln most recently sold on Apr 15, 2022 for $281,000.
What is the current tax assessment for 714 Walnut Ln?
The most recent total assessment for 714 Walnut Ln (year 2025) is $74,168 with $3,170 in property tax.
How does 714 Walnut Ln's assessment compare to its last sale price?
The current assessment is 73.6% below the last sale price of $281,000.
When was 714 Walnut Ln built?
714 Walnut Ln was built in 1994.
How does 714 Walnut Ln compare to others on Walnut Ln?
We track 2 other properties on Walnut Ln. Browse the list under "Other properties on Walnut Ln" to compare beds, baths, and sale history.
What are the property facts for 714 Walnut Ln?
714 Walnut Ln is a 3 bed, 2 bath, 1,600 sqft, 10,735 sqft lot single_family.
Is 714 Walnut Ln a flip candidate?
No — 714 Walnut Ln does not appear in our flips dataset.
Is 714 Walnut Ln a tax-appeal candidate?
No — 714 Walnut 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

Explore nearby

Other properties on Walnut Ln