1612 Norwell Ln
Schaumburg, IL 60193
3 bd 2 ba 1,149 sqft Built 1969 Lot 10,324 sqft single_family
Most recent sale
$340,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $340,000 | MLS #11452254 |
| Jul 1, 2022 | Listed | $339,896 | MLS #11452254 |
| Dec 29, 2021 | Sold | $206,000 | MLS #11141028 |
| Dec 9, 2005 | Sold | $257,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $16,764 | $7,235 | $23,999 | $5,051 |
| 2022 | $16,764 | $7,235 | $23,999 | $4,846 |
| 2021 | $18,193 | $4,909 | $23,102 | $5,992 |
| 2020 | $18,193 | $4,909 | $23,102 | $5,957 |
| 2019 | $21,049 | $4,909 | $25,958 | $6,039 |
| 2018 | $16,731 | $4,392 | $21,123 | $5,308 |
| 2017 | $16,731 | $4,392 | $21,123 | $5,242 |
| 2016 | $16,731 | $4,392 | $21,123 | $5,145 |
| 2015 | $14,300 | $3,876 | $18,176 | $4,653 |
| 2014 | $14,300 | $3,876 | $18,176 | $4,618 |
| 2013 | $14,300 | $3,876 | $18,176 | $4,482 |
| 2012 | $17,165 | $4,392 | $21,557 | $5,035 |
| 2011 | $17,165 | $4,392 | $21,557 | $4,922 |
| 2010 | $17,165 | $4,392 | $21,557 | $4,654 |
| 2009 | $21,620 | $4,651 | $26,271 | $4,660 |
| 2008 | $19,925 | $7,441 | $27,366 | $3,453 |
| 2007 | $19,925 | $7,441 | $27,366 | $3,129 |
| 2006 | $15,858 | $6,201 | $22,059 | $3,396 |
Property facts
Year built
1969
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,149 sqft
Lot size
10,324 sqft
ZIP code
60193
City
Schaumburg
Street
Norwell Ln
Coordinates
42.01407, -88.12007
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,068
Gross rental yield
7.30%
Implied cap rate
4.74%
Trend-extrapolated value
—
Frequently asked questions
When did 1612 Norwell Ln last sell?
1612 Norwell Ln most recently sold on Aug 5, 2022 for $340,000.
What is the current tax assessment for 1612 Norwell Ln?
The most recent total assessment for 1612 Norwell Ln (year 2023) is $23,999 with $5,051 in property tax.
How does 1612 Norwell Ln's assessment compare to its last sale price?
The current assessment is 92.9% below the last sale price of $340,000.
When was 1612 Norwell Ln built?
1612 Norwell Ln was built in 1969.
How does 1612 Norwell Ln compare to others on Norwell Ln?
We track 5 other properties on Norwell Ln. Browse the list under "Other properties on Norwell Ln" to compare beds, baths, and sale history.
What are the property facts for 1612 Norwell Ln?
1612 Norwell Ln is a 3 bed, 2 bath, 1,149 sqft, 10,324 sqft lot single_family.
Is 1612 Norwell Ln a flip candidate?
Yes — 1612 Norwell Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1612 Norwell Ln a tax-appeal candidate?
No — 1612 Norwell Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+5.9%
2026 Q3
$381.3K
2026 Q4
$386.4K
ZIP 60193 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Norwell Ln