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1850 Somerset Ln

Northbrook, IL 60062

2 bd 2 ba 1,650 sqft Built 1974 townhomes
Most recent sale
$399,900
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2022 Sold $399,900 MLS #11312097
Jan 27, 2022 Listed $399,900 MLS #11312097
Oct 20, 2014 Sold $275,000 Public Record
Jul 31, 2014 Sold $275,000 MLS #08563837
May 17, 2014 Price changed $288,000 MLS #08563837
Mar 21, 2014 Listed $298,000 MLS #08563837
Jun 22, 2006 Sold $317,500 Public Record
Dec 19, 1991 Sold $162,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $25,421 $5,621 $31,042 $5,926
2022 $25,421 $5,621 $31,042 $6,350
2021 $23,950 $4,540 $28,490 $6,534
2020 $23,950 $4,540 $28,490 $6,527
2019 $26,819 $4,540 $31,359 $6,290
2018 $21,437 $3,999 $25,436 $5,369
2017 $21,437 $3,999 $25,436 $5,273
2016 $21,437 $3,999 $25,436 $4,933
2015 $19,577 $3,351 $22,928 $4,861
2014 $19,577 $3,351 $22,928 $5,353
2013 $19,577 $3,351 $22,928 $4,245
2012 $9,911 $3,675 $13,586 $1,983
2011 $9,911 $3,675 $13,586 $2,319
2010 $9,911 $3,675 $13,586 $2,275
2009 $18,095 $4,108 $22,203 $3,623
2007 $19,316 $6,572 $25,888 $3,501
2006 $16,466 $6,053 $22,519 $3,770

Property facts

Year built
1974
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,650 sqft
Lot size
ZIP code
60062
City
Northbrook
Street
Somerset Ln
Coordinates
42.11905, -87.83120

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
$2,970
Gross rental yield
8.91%
Implied cap rate
5.79%
Trend-extrapolated value

Frequently asked questions

When did 1850 Somerset Ln last sell?
1850 Somerset Ln most recently sold on Mar 16, 2022 for $399,900.
What is the current tax assessment for 1850 Somerset Ln?
The most recent total assessment for 1850 Somerset Ln (year 2023) is $31,042 with $5,926 in property tax.
How does 1850 Somerset Ln's assessment compare to its last sale price?
The current assessment is 92.2% below the last sale price of $399,900.
When was 1850 Somerset Ln built?
1850 Somerset Ln was built in 1974.
How does 1850 Somerset Ln compare to others on Somerset Ln?
We track 8 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 1850 Somerset Ln?
1850 Somerset Ln is a 2 bed, 2 bath, 1,650 sqft townhomes.
Is 1850 Somerset Ln a flip candidate?
No — 1850 Somerset Ln does not appear in our flips dataset.
Is 1850 Somerset Ln a tax-appeal candidate?
No — 1850 Somerset 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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