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784 Margate Ln

Prospect Heights, IL 60070

2 bd 2 ba 1,200 sqft Built 1985 condos
Most recent sale
$256,900
Feb 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2022 Sold $256,900 MLS #11320548
Feb 9, 2022 Listed $241,900 MLS #11320548
Jul 29, 2014 Sold $170,000 MLS #08552083
Mar 7, 2014 Listed $179,900 MLS #08552083
Jun 7, 1991 Sold $136,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $16,949 $1,677 $18,626 $5,944
2022 $16,949 $1,677 $18,626 $4,553
2021 $14,890 $524 $15,414 $4,171
2020 $14,890 $524 $15,414 $4,082
2019 $16,743 $524 $17,267 $4,115
2018 $14,019 $419 $14,438 $3,613
2017 $14,019 $419 $14,438 $3,583
2016 $14,019 $419 $14,438 $3,609
2015 $11,749 $838 $12,587 $3,273
2014 $11,749 $838 $12,587 $3,255
2013 $11,749 $838 $12,587 $3,158
2012 $14,684 $943 $15,627 $3,691
2011 $14,684 $943 $15,627 $3,566
2010 $14,684 $943 $15,627 $3,558
2009 $17,975 $1,677 $19,652 $3,411
2008 $20,482 $2,683 $23,165 $3,161
2007 $20,482 $2,683 $23,165 $3,017
2006 $16,213 $2,515 $18,728 $3,204

Property facts

Year built
1985
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,200 sqft
Lot size
ZIP code
60070
City
Prospect Heights
Street
Margate Ln
Coordinates
42.09331, -87.91633

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
$2,160
Gross rental yield
10.09%
Implied cap rate
6.56%
Trend-extrapolated value

Frequently asked questions

When did 784 Margate Ln last sell?
784 Margate Ln most recently sold on Feb 24, 2022 for $256,900.
What is the current tax assessment for 784 Margate Ln?
The most recent total assessment for 784 Margate Ln (year 2023) is $18,626 with $5,944 in property tax.
How does 784 Margate Ln's assessment compare to its last sale price?
The current assessment is 92.7% below the last sale price of $256,900.
When was 784 Margate Ln built?
784 Margate Ln was built in 1985.
How does 784 Margate Ln compare to others on Margate Ln?
We track 5 other properties on Margate Ln. Browse the list under "Other properties on Margate Ln" to compare beds, baths, and sale history.
What are the property facts for 784 Margate Ln?
784 Margate Ln is a 2 bed, 2 bath, 1,200 sqft condos.
Is 784 Margate Ln a flip candidate?
No — 784 Margate Ln does not appear in our flips dataset.
Is 784 Margate Ln a tax-appeal candidate?
No — 784 Margate 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
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$297.1K
2026 Q4
$290.4K
ZIP 60070 — Median Price History + Forecast

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