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1806 Locust Ln

Mount Prospect, IL 60056

3 bd 2 ba 1,329 sqft Built 1970 Lot 7,200 sqft single_family
Most recent sale
$390,000
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $390,000 Public Record
Jun 2, 2022 Sold $390,000 MLS #11353721
Mar 22, 2022 Listed $370,000 MLS #11353721
Dec 12, 2011 Listing removed $2,250 MRED
Dec 5, 2011 Price changed for rent $1,990 MRED
Nov 10, 2011 Listed for rent $2,250 MRED
Aug 15, 2002 Sold $263,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $23,440 $7,560 $31,000 $8,076
2022 $23,440 $7,560 $31,000 $6,899
2021 $25,090 $4,680 $29,770 $7,554
2020 $25,090 $4,680 $29,770 $7,415
2019 $28,398 $4,680 $33,078 $7,492
2018 $21,634 $3,960 $25,594 $6,326
2017 $21,634 $3,960 $25,594 $6,362
2016 $21,634 $3,960 $25,594 $6,218
2015 $19,277 $3,600 $22,877 $5,847
2014 $19,277 $3,600 $22,877 $5,767
2013 $19,277 $3,600 $22,877 $5,615
2012 $24,016 $4,140 $28,156 $6,344
2011 $24,016 $4,140 $28,156 $6,124
2010 $24,016 $4,140 $28,156 $5,101
2009 $29,177 $4,320 $33,497 $5,894
2008 $29,106 $6,912 $36,018 $4,970
2007 $29,106 $6,912 $36,018 $4,313
2006 $20,750 $5,472 $26,222 $3,841

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,329 sqft
Lot size
7,200 sqft
ZIP code
60056
City
Mount Prospect
Street
Locust Ln
Coordinates
42.04538, -87.96562

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,392
Gross rental yield
7.36%
Implied cap rate
4.78%
Trend-extrapolated value

Frequently asked questions

When did 1806 Locust Ln last sell?
1806 Locust Ln most recently sold on Jul 5, 2022 for $390,000.
What is the current tax assessment for 1806 Locust Ln?
The most recent total assessment for 1806 Locust Ln (year 2023) is $31,000 with $8,076 in property tax.
How does 1806 Locust Ln's assessment compare to its last sale price?
The current assessment is 92.1% below the last sale price of $390,000.
When was 1806 Locust Ln built?
1806 Locust Ln was built in 1970.
How does 1806 Locust Ln compare to others on Locust Ln?
We track 3 other properties on Locust Ln. Browse the list under "Other properties on Locust Ln" to compare beds, baths, and sale history.
What are the property facts for 1806 Locust Ln?
1806 Locust Ln is a 3 bed, 2 bath, 1,329 sqft, 7,200 sqft lot single_family.
Is 1806 Locust Ln a flip candidate?
No — 1806 Locust Ln does not appear in our flips dataset.
Is 1806 Locust Ln a tax-appeal candidate?
No — 1806 Locust 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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