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731 Lake Ridge Dr

South Elgin, IL 60177

4 bd 4 ba 2,579 sqft Built 2002 Lot 8,098 sqft single_family
Most recent sale
$458,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $458,000 MLS #11608694
Aug 22, 2022 Price changed $459,900 MLS #11608694
Aug 19, 2022 Listed $474,900 MLS #11608694
Aug 11, 2022 Listed $489,900 MLS #11489556
Jun 21, 2021 Sold $379,900 MLS #11037579
Jun 23, 2014 Sold $350,000 MLS #08557628
Mar 13, 2014 Listed $359,000 MLS #08557628
Aug 28, 2012 Sold $335,000 Public Record
Mar 15, 2002 Sold $298,500 Public Record
Aug 23, 2000 Sold $880,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $144,777 $32,333 $177,110 $12,860
2024 $144,777 $32,333 $177,110 $12,488
2023 $133,398 $29,792 $163,190 $11,930
2022 $108,682 $26,563 $135,245 $11,290
2021 $103,595 $25,320 $128,915 $10,843
2020 $101,663 $24,848 $126,511 $10,794
2019 $99,650 $24,356 $124,006 $10,625
2018 $103,732 $26,033 $129,765 $11,189
2017 $100,185 $25,143 $125,328 $10,678
2016 $96,666 $24,260 $120,926 $11,154
2015 $92,126 $23,998 $116,124 $11,140
2014 $84,932 $23,998 $108,930 $10,568
2013 $81,940 $24,238 $106,178 $9,884
2012 $80,974 $24,531 $105,505 $9,170
2011 $80,008 $25,331 $105,339 $8,289
2009 $101,274 $26,664 $127,938 $8,431
2008 $102,054 $26,664 $128,718 $8,266
2007 $98,832 $26,664 $125,496 $7,892
2006 $82,663 $26,301 $108,964 $7,044

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,579 sqft
Lot size
8,098 sqft
ZIP code
60177
City
South Elgin
Street
Lake Ridge Dr
Coordinates
41.97647, -88.34677

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
$4,642
Gross rental yield
12.16%
Implied cap rate
7.91%
Trend-extrapolated value

Frequently asked questions

When did 731 Lake Ridge Dr last sell?
731 Lake Ridge Dr most recently sold on Sep 21, 2022 for $458,000.
What is the current tax assessment for 731 Lake Ridge Dr?
The most recent total assessment for 731 Lake Ridge Dr (year 2025) is $177,110 with $12,860 in property tax.
How does 731 Lake Ridge Dr's assessment compare to its last sale price?
The current assessment is 61.3% below the last sale price of $458,000.
When was 731 Lake Ridge Dr built?
731 Lake Ridge Dr was built in 2002.
How does 731 Lake Ridge Dr compare to others on Lake Ridge Dr?
We track 8 other properties on Lake Ridge Dr. Browse the list under "Other properties on Lake Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 731 Lake Ridge Dr?
731 Lake Ridge Dr is a 4 bed, 4 bath, 2,579 sqft, 8,098 sqft lot single_family.
Is 731 Lake Ridge Dr a flip candidate?
Yes — 731 Lake Ridge Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 731 Lake Ridge Dr a tax-appeal candidate?
No — 731 Lake Ridge Dr 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
-11.4%
Implied 1-yr
-45.7%
2026 Q3
$258.5K
2026 Q4
$258.5K
ZIP 60177 — Median Price History + Forecast

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