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2840 Cherry Ln

Northbrook, IL 60062

4 bd 3 ba 2,639 sqft Built 1965 Lot 12,197 sqft single_family
Most recent sale
$740,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $740,000 MLS #11396743
May 24, 2022 Listed $699,900 MLS #11396743
Mar 4, 2019 Sold $583,000 MLS #10125733
Jan 3, 2019 Price changed $619,000 MLS #10125733
Dec 3, 2018 Relisted $629,000 MLS #10125733
Nov 19, 2018 Listing removed $629,000 MRED
Oct 31, 2018 Listing removed $649,000 MRED
Oct 30, 2018 Listed $629,000 MLS #10125733
Sep 20, 2018 Price changed $649,000 MLS #10068568
Aug 31, 2018 Listed $669,000 MLS #10068568
Mar 17, 1981 Sold $65,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $44,811 $18,189 $63,000 $14,694
2022 $44,811 $18,189 $63,000 $13,423
2021 $34,489 $15,763 $50,252 $11,878
2020 $34,489 $15,763 $50,252 $12,532
2019 $39,460 $15,763 $55,223 $12,237
2018 $40,254 $13,944 $54,198 $13,063
2017 $40,254 $13,944 $54,198 $12,696
2016 $40,254 $13,944 $54,198 $11,907
2015 $36,518 $11,519 $48,037 $11,725
2014 $36,518 $11,519 $48,037 $11,442
2013 $36,518 $11,519 $48,037 $11,119
2012 $41,049 $12,732 $53,781 $11,397
2011 $41,049 $12,732 $53,781 $10,827
2010 $41,049 $12,732 $53,781 $10,413
2009 $51,984 $7,881 $59,865 $10,445
2008 $51,761 $12,611 $64,372 $9,861
2007 $51,761 $12,611 $64,372 $9,747
2006 $41,433 $12,611 $54,044 $8,792

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,639 sqft
Lot size
12,197 sqft
ZIP code
60062
City
Northbrook
Street
Cherry Ln
Coordinates
42.13091, -87.85059

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,750
Gross rental yield
7.70%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 2840 Cherry Ln last sell?
2840 Cherry Ln most recently sold on Jun 27, 2022 for $740,000.
What is the current tax assessment for 2840 Cherry Ln?
The most recent total assessment for 2840 Cherry Ln (year 2023) is $63,000 with $14,694 in property tax.
How does 2840 Cherry Ln's assessment compare to its last sale price?
The current assessment is 91.5% below the last sale price of $740,000.
When was 2840 Cherry Ln built?
2840 Cherry Ln was built in 1965.
How does 2840 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 2840 Cherry Ln?
2840 Cherry Ln is a 4 bed, 3 bath, 2,639 sqft, 12,197 sqft lot single_family.
Is 2840 Cherry Ln a flip candidate?
No — 2840 Cherry Ln does not appear in our flips dataset.
Is 2840 Cherry Ln a tax-appeal candidate?
No — 2840 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
+6.3%
Implied 1-yr
+25.0%
2026 Q3
$1.1M
2026 Q4
$1.15M
ZIP 60062 — Median Price History + Forecast

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