1304 Lama Ln
Mount Prospect, IL 60056
4 bd 4 ba 2,268 sqft Built 1980 Lot 8,146 sqft single_family
Most recent sale
$520,000
Jun 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 13, 2022 | Sold | $520,000 | MLS #11366738 |
| May 5, 2022 | Listed | $499,000 | MLS #11366738 |
| Nov 7, 1995 | Sold | $283,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $41,500 | $6,500 | $48,000 | $14,410 |
| 2022 | $41,500 | $6,500 | $48,000 | $12,052 |
| 2021 | $33,679 | $5,078 | $38,757 | $10,871 |
| 2020 | $33,679 | $5,078 | $38,757 | $10,636 |
| 2019 | $38,034 | $5,078 | $43,112 | $10,653 |
| 2018 | $37,953 | $4,468 | $42,421 | $11,654 |
| 2017 | $37,953 | $4,468 | $42,421 | $11,585 |
| 2016 | $37,953 | $4,468 | $42,421 | $11,938 |
| 2015 | $33,612 | $3,859 | $37,471 | $11,334 |
| 2014 | $33,612 | $3,859 | $37,471 | $11,169 |
| 2013 | $33,612 | $3,859 | $37,471 | $10,883 |
| 2012 | $40,227 | $4,265 | $44,492 | $11,725 |
| 2011 | $40,227 | $4,265 | $44,492 | $11,200 |
| 2010 | $40,227 | $4,265 | $44,492 | $10,072 |
| 2009 | $46,078 | $4,468 | $50,546 | $10,565 |
| 2008 | $47,202 | $7,149 | $54,351 | $9,402 |
| 2007 | $47,202 | $7,149 | $54,351 | $8,555 |
| 2006 | $39,222 | $5,849 | $45,071 | $8,051 |
Property facts
Year built
1980
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,268 sqft
Lot size
8,146 sqft
ZIP code
60056
City
Mount Prospect
Street
Lama Ln
Coordinates
42.08893, -87.89464
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,082
Gross rental yield
9.42%
Implied cap rate
6.12%
Trend-extrapolated value
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Frequently asked questions
When did 1304 Lama Ln last sell?
1304 Lama Ln most recently sold on Jun 13, 2022 for $520,000.
What is the current tax assessment for 1304 Lama Ln?
The most recent total assessment for 1304 Lama Ln (year 2023) is $48,000 with $14,410 in property tax.
How does 1304 Lama Ln's assessment compare to its last sale price?
The current assessment is 90.8% below the last sale price of $520,000.
When was 1304 Lama Ln built?
1304 Lama Ln was built in 1980.
How does 1304 Lama Ln compare to others on Lama Ln?
We track 3 other properties on Lama Ln. Browse the list under "Other properties on Lama Ln" to compare beds, baths, and sale history.
What are the property facts for 1304 Lama Ln?
1304 Lama Ln is a 4 bed, 4 bath, 2,268 sqft, 8,146 sqft lot single_family.
Is 1304 Lama Ln a flip candidate?
No — 1304 Lama Ln does not appear in our flips dataset.
Is 1304 Lama Ln a tax-appeal candidate?
No — 1304 Lama 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 Lama Ln