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1996 Cherry Ln

Northbrook, IL 60062

2 bd 2 ba 1,201 sqft Built 1963 condos
Most recent sale
$280,000
Apr 20, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 20, 2023 Sold $280,000 MRED
Mar 8, 2023 Listed $284,900 MRED
Jan 11, 2023 Sold $172,000 MRED
Sep 23, 2022 Listing removed $178,500 MRED
Sep 23, 2022 Listed $178,500 MLS #11636704
Aug 31, 2022 Listed $200,000 MLS #11617361
Jun 11, 2013 Sold $138,000 Public Record
May 28, 1985 Sold $63,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $20,906 $2,621 $23,527 $4,617
2022 $20,906 $2,621 $23,527 $4,455
2021 $14,726 $2,117 $16,843 $3,375
2020 $14,726 $2,117 $16,843 $3,363
2019 $16,422 $2,117 $18,539 $3,268
2018 $12,144 $1,865 $14,009 $2,476
2017 $12,144 $1,865 $14,009 $2,426
2016 $12,144 $1,865 $14,009 $3,006
2015 $12,502 $1,562 $14,064 $3,332
2014 $12,502 $1,562 $14,064 $3,183
2013 $12,502 $1,562 $14,064 $3,085
2012 $14,354 $1,713 $16,067 $3,245
2011 $14,354 $1,713 $16,067 $3,078
2010 $14,354 $1,713 $16,067 $2,972
2009 $19,388 $2,016 $21,404 $3,652
2008 $19,788 $3,226 $23,014 $3,386
2007 $19,788 $3,226 $23,014 $3,348
2006 $13,064 $2,903 $15,967 $2,533

Property facts

Year built
1963
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,201 sqft
Lot size
ZIP code
60062
City
Northbrook
Street
Cherry Ln
Coordinates
42.13186, -87.82845

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
$2,162
Gross rental yield
9.27%
Implied cap rate
6.02%
Trend-extrapolated value

Frequently asked questions

When did 1996 Cherry Ln last sell?
1996 Cherry Ln most recently sold on Apr 20, 2023 for $280,000.
What is the current tax assessment for 1996 Cherry Ln?
The most recent total assessment for 1996 Cherry Ln (year 2023) is $23,527 with $4,617 in property tax.
How does 1996 Cherry Ln's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $280,000.
When was 1996 Cherry Ln built?
1996 Cherry Ln was built in 1963.
How does 1996 Cherry Ln compare to others on Cherry Ln?
We track 8 other properties on Cherry Ln. Browse the list under "Other properties on Cherry Ln" to compare beds, baths, and sale history.
What are the property facts for 1996 Cherry Ln?
1996 Cherry Ln is a 2 bed, 2 bath, 1,201 sqft condos.
Is 1996 Cherry Ln a flip candidate?
Yes — 1996 Cherry Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1996 Cherry Ln a tax-appeal candidate?
No — 1996 Cherry 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
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$1.09M
2026 Q4
$1.12M
ZIP 60062 — Median Price History + Forecast

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