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2498 42nd Rd

Sheridan, IL 60551

5 bd 5 ba 4,974 sqft Built 2003 Lot 130,680 sqft single_family
Most recent sale
$505,000
May 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 25, 2022 Sold $505,000 MLS #11368927
Apr 7, 2022 Listed $484,900 MLS #11368927
Mar 11, 2020 Listing removed $459,900 MRED
Jun 30, 2017 Sold $427,300 MLS #09572895
Apr 20, 2017 Price changed $439,900 MLS #09572895
Mar 23, 2017 Listed $450,000 MLS #09572895
Mar 23, 2017 Listing removed $475,000 MRED
Aug 6, 2016 Price changed $475,000 MLS #09242948
Jun 1, 2016 Listed $500,000 MLS #09242948
Aug 26, 2015 Listing removed $500,000 MRED
Feb 5, 2015 Listed $500,000 MLS #08831437

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $179,164 $28,452 $207,616 $11,177
2023 $164,764 $26,165 $190,929 $10,309
2017 $74,574 $16,842 $91,416 $5,889
2016 $72,784 $16,438 $89,222 $5,772
2015 $69,167 $15,621 $84,788 $5,771
2014 $68,652 $15,505 $84,157 $5,688
2013 $70,405 $15,901 $86,306 $5,799
2012 $74,963 $16,930 $91,893 $6,115
2011 $81,641 $18,438 $100,079 $6,326
2010 $86,834 $19,611 $106,445 $6,623
2009 $94,313 $21,300 $115,613 $6,773
2008 $94,892 $21,431 $116,323 $6,600
2006 $90,884 $20,526 $111,410 $6,574
2005 $103,165 $6,412

Property facts

Year built
2003
Property type
single_family
Stories
1
Beds
5
Baths
5
Living area
4,974 sqft
Lot size
130,680 sqft
ZIP code
60551
City
Sheridan
Street
42nd Rd
Coordinates
41.54266, -88.69136

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,030
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2498 42nd Rd last sell?
2498 42nd Rd most recently sold on May 25, 2022 for $505,000.
What is the current tax assessment for 2498 42nd Rd?
The most recent total assessment for 2498 42nd Rd (year 2024) is $207,616 with $11,177 in property tax.
How does 2498 42nd Rd's assessment compare to its last sale price?
The current assessment is 58.9% below the last sale price of $505,000.
When was 2498 42nd Rd built?
2498 42nd Rd was built in 2003.
How does 2498 42nd Rd compare to others on 42nd Rd?
We track 8 other properties on 42nd Rd. Browse the list under "Other properties on 42nd Rd" to compare beds, baths, and sale history.
What are the property facts for 2498 42nd Rd?
2498 42nd Rd is a 5 bed, 5 bath, 4,974 sqft, 130,680 sqft lot single_family.
Is 2498 42nd Rd a flip candidate?
No — 2498 42nd Rd does not appear in our flips dataset.
Is 2498 42nd Rd a tax-appeal candidate?
No — 2498 42nd Rd 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
-3.5%
Implied 1-yr
-13.9%
2026 Q3
$159.6K
2026 Q4
$152.4K
ZIP 60551 — Median Price History + Forecast

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