705 Elderberry Ln
Mount Prospect, IL 60056
3 bd 2 ba 1,656 sqft Built 1961 Lot 8,581 sqft single_family
Most recent sale
$380,000
Apr 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 4, 2022 | Sold | $380,000 | MLS #11326693 |
| Feb 24, 2022 | Listed | $349,900 | MLS #11326693 |
| Jun 1, 1987 | Sold | $130,000 | Public Record |
| Aug 1, 1983 | Sold | $92,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $25,273 | $7,726 | $32,999 | $9,906 |
| 2022 | $25,273 | $7,726 | $32,999 | $7,731 |
| 2021 | $24,676 | $4,936 | $29,612 | $7,836 |
| 2020 | $24,676 | $4,936 | $29,612 | $7,704 |
| 2019 | $28,077 | $4,936 | $33,013 | $8,531 |
| 2018 | $22,317 | $4,292 | $26,609 | $7,452 |
| 2017 | $22,317 | $4,292 | $26,609 | $7,405 |
| 2016 | $22,317 | $4,292 | $26,609 | $7,209 |
| 2015 | $21,217 | $3,648 | $24,865 | $7,233 |
| 2014 | $21,217 | $3,648 | $24,865 | $7,135 |
| 2013 | $21,217 | $3,648 | $24,865 | $6,945 |
| 2012 | $24,262 | $4,077 | $28,339 | $7,215 |
| 2011 | $24,262 | $4,077 | $28,339 | $6,940 |
| 2010 | $24,262 | $4,077 | $28,339 | $6,651 |
| 2009 | $29,906 | $4,292 | $34,198 | $6,693 |
| 2008 | $29,905 | $6,868 | $36,773 | $5,062 |
| 2007 | $29,905 | $6,868 | $36,773 | $5,037 |
| 2006 | $24,959 | $5,837 | $30,796 | $5,042 |
Property facts
Year built
1961
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,656 sqft
Lot size
8,581 sqft
ZIP code
60056
City
Mount Prospect
Street
Elderberry Ln
Coordinates
42.08365, -87.92517
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,981
Gross rental yield
9.41%
Implied cap rate
6.12%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Elderberry Ln last sell?
705 Elderberry Ln most recently sold on Apr 4, 2022 for $380,000.
What is the current tax assessment for 705 Elderberry Ln?
The most recent total assessment for 705 Elderberry Ln (year 2023) is $32,999 with $9,906 in property tax.
How does 705 Elderberry Ln's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $380,000.
When was 705 Elderberry Ln built?
705 Elderberry Ln was built in 1961.
How does 705 Elderberry Ln compare to others on Elderberry Ln?
We track 3 other properties on Elderberry Ln. Browse the list under "Other properties on Elderberry Ln" to compare beds, baths, and sale history.
What are the property facts for 705 Elderberry Ln?
705 Elderberry Ln is a 3 bed, 2 bath, 1,656 sqft, 8,581 sqft lot single_family.
Is 705 Elderberry Ln a flip candidate?
No — 705 Elderberry Ln does not appear in our flips dataset.
Is 705 Elderberry Ln a tax-appeal candidate?
No — 705 Elderberry Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$471.8K
2026 Q4
$482.5K
ZIP 60056 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elderberry Ln