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5228 Cleveland Dr

McHenry, IL 60050

2 bd 1 ba 1,050 sqft Built 1937 Lot 20,000 sqft single_family
Most recent sale
$199,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $199,000 MLS #11431994
Jun 10, 2022 Listed $199,000 MLS #11431994
Apr 21, 2022 Sold $55,000 MLS #11346125
Mar 12, 2022 Listed $64,900 MLS #11346125
Sep 26, 2001 Sold $87,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $37,497 $10,422 $47,919 $3,192
2022 $31,165 $8,662 $39,827 $3,025
2021 $29,023 $8,067 $37,090 $2,853
2020 $27,143 $7,731 $34,874 $2,680
2019 $25,774 $7,341 $33,115 $2,617
2018 $24,605 $7,008 $31,613 $2,755
2017 $23,092 $6,577 $29,669 $2,618
2016 $21,581 $6,147 $27,728 $2,501
2015 $20,094 $5,723 $25,817 $2,425
2014 $20,533 $5,848 $26,381 $2,481
2013 $21,247 $6,051 $27,298 $2,440
2012 $23,082 $6,574 $29,656 $2,437
2011 $25,149 $7,163 $32,312 $2,342
2010 $34,397 $10,922 $45,319 $3,099
2009 $37,058 $11,767 $48,825 $2,943
2008 $37,592 $11,937 $49,529 $2,880
2007 $36,409 $11,561 $47,970 $2,729
2006 $35,273 $10,043 $45,316 $2,523

Property facts

Year built
1937
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,050 sqft
Lot size
20,000 sqft
ZIP code
60050
City
McHenry
Street
Cleveland Dr
Coordinates
42.35771, -88.29981

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
$1,890
Gross rental yield
11.40%
Implied cap rate
7.41%
Trend-extrapolated value

Frequently asked questions

When did 5228 Cleveland Dr last sell?
5228 Cleveland Dr most recently sold on Aug 1, 2022 for $199,000.
What is the current tax assessment for 5228 Cleveland Dr?
The most recent total assessment for 5228 Cleveland Dr (year 2024) is $47,919 with $3,192 in property tax.
How does 5228 Cleveland Dr's assessment compare to its last sale price?
The current assessment is 75.9% below the last sale price of $199,000.
When was 5228 Cleveland Dr built?
5228 Cleveland Dr was built in 1937.
How does 5228 Cleveland Dr compare to others on Cleveland Dr?
We track 8 other properties on Cleveland Dr. Browse the list under "Other properties on Cleveland Dr" to compare beds, baths, and sale history.
What are the property facts for 5228 Cleveland Dr?
5228 Cleveland Dr is a 2 bed, 1 bath, 1,050 sqft, 20,000 sqft lot single_family.
Is 5228 Cleveland Dr a flip candidate?
Yes — 5228 Cleveland Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5228 Cleveland Dr a tax-appeal candidate?
No — 5228 Cleveland Dr 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
-3.1%
Implied 1-yr
-12.5%
2026 Q3
$254.4K
2026 Q4
$254.4K
ZIP 60050 — Median Price History + Forecast

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