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711 Central Rd

Mount Prospect, IL 60056

1 bd 1 ba 700 sqft Built 1981 condos
Most recent sale
$93,100
Dec 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2022 Sold $93,100 MRED
Oct 12, 2022 Listed $89,000 MRED
Feb 24, 2022 Listing removed $85,000 MRED
Feb 22, 2022 Listing removed $85,000 MRED
Dec 29, 2021 Listed $85,000 MRED
Sep 27, 2004 Sold $94,000 Public Record
Jan 19, 1999 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $7,559 $1,011 $8,570 $2,387
2022 $7,559 $1,011 $8,570 $646
2013 $3,637 $455 $4,092 $335
2012 $4,335 $530 $4,865 $610
2011 $4,335 $530 $4,865 $696
2010 $4,335 $530 $4,865 $742
2009 $7,304 $722 $8,026 $1,035
2007 $8,529 $1,156 $9,685 $925
2006 $6,529 $1,051 $7,580 $978

Property facts

Year built
1981
Property type
condos
Stories
3
Beds
1
Baths
1
Living area
700 sqft
Lot size
ZIP code
60056
City
Mount Prospect
Street
Central Rd
Coordinates
42.06563, -87.94668

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
$559
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 711 Central Rd last sell?
711 Central Rd most recently sold on Dec 28, 2022 for $93,100.
What is the current tax assessment for 711 Central Rd?
The most recent total assessment for 711 Central Rd (year 2023) is $8,570 with $2,387 in property tax.
How does 711 Central Rd's assessment compare to its last sale price?
The current assessment is 90.8% below the last sale price of $93,100.
When was 711 Central Rd built?
711 Central Rd was built in 1981.
How does 711 Central Rd compare to others on Central Rd?
We track 8 other properties on Central Rd. Browse the list under "Other properties on Central Rd" to compare beds, baths, and sale history.
What are the property facts for 711 Central Rd?
711 Central Rd is a 1 bed, 1 bath, 700 sqft condos.
Is 711 Central Rd a flip candidate?
No — 711 Central Rd does not appear in our flips dataset.
Is 711 Central Rd a tax-appeal candidate?
No — 711 Central Rd 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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