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1002 Butternut Ln

Mount Prospect, IL 60056

2 bd 2 ba 1,200 sqft Built 1994 condos
Most recent sale
$304,000
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2022 Sold $304,000 MLS #11423903
Jun 3, 2022 Listed $309,000 MLS #11423903
Dec 4, 2008 Sold $210,000 Public Record
Sep 26, 2008 Listing removed $1,300 MRED
Aug 6, 2008 Listed for rent $1,300 MRED
Aug 6, 2008 Listing removed $259,900 MRED
Apr 15, 2008 Listed $259,900 MLS #06862672
Apr 15, 2008 Listing removed $259,900 MRED
Jul 19, 2007 Listed $259,900 MLS #06611714

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $16,345 $4,327 $20,672 $4,888
2022 $16,345 $4,327 $20,672 $4,664
2021 $11,840 $540 $12,380 $2,846
2020 $16,848 $540 $17,388 $4,380
2019 $18,838 $540 $19,378 $4,377
2018 $14,621 $432 $15,053 $3,513
2017 $14,621 $432 $15,053 $3,550
2016 $14,621 $432 $15,053 $3,574
2015 $12,488 $1,839 $14,327 $3,683
2014 $12,488 $1,839 $14,327 $3,642
2013 $12,488 $1,839 $14,327 $3,535
2012 $11,781 $2,055 $13,836 $3,050
2011 $11,781 $2,055 $13,836 $2,987
2010 $11,781 $2,055 $13,836 $3,003
2009 $16,327 $1,622 $17,949 $3,685
2008 $18,897 $2,596 $21,493 $3,193
2007 $18,897 $2,596 $21,493 $1,438
2006 $16,695 $2,423 $19,118 $1,662

Property facts

Year built
1994
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,200 sqft
Lot size
ZIP code
60056
City
Mount Prospect
Street
Butternut Ln
Coordinates
42.09330, -87.94864

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
$2,160
Gross rental yield
8.53%
Implied cap rate
5.54%
Trend-extrapolated value

Frequently asked questions

When did 1002 Butternut Ln last sell?
1002 Butternut Ln most recently sold on Jul 11, 2022 for $304,000.
What is the current tax assessment for 1002 Butternut Ln?
The most recent total assessment for 1002 Butternut Ln (year 2023) is $20,672 with $4,888 in property tax.
How does 1002 Butternut Ln's assessment compare to its last sale price?
The current assessment is 93.2% below the last sale price of $304,000.
When was 1002 Butternut Ln built?
1002 Butternut Ln was built in 1994.
How does 1002 Butternut Ln compare to others on Butternut Ln?
We track 8 other properties on Butternut Ln. Browse the list under "Other properties on Butternut Ln" to compare beds, baths, and sale history.
What are the property facts for 1002 Butternut Ln?
1002 Butternut Ln is a 2 bed, 2 bath, 1,200 sqft condos.
Is 1002 Butternut Ln a flip candidate?
No — 1002 Butternut Ln does not appear in our flips dataset.
Is 1002 Butternut Ln a tax-appeal candidate?
No — 1002 Butternut 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
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$471.8K
2026 Q4
$482.5K
ZIP 60056 — Median Price History + Forecast

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