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686 Madisen Ln

University Park, IL 60484

4 bd 3 ba 2,696 sqft Built 2005 single_family
Most recent sale
$262,500
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 28, 2022 Sold $262,500 MLS #11491783
Aug 15, 2022 Listed $249,900 MLS #11491783
Jul 28, 2004 Sold $253,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $79,477 $14,222 $93,699 $10,756
2022 $60,270 $10,785 $71,055 $9,168
2021 $57,806 $9,807 $67,613 $9,086
2020 $53,269 $9,489 $62,758 $8,578
2019 $50,516 $8,999 $59,515 $8,678
2018 $48,418 $8,811 $57,229 $8,477
2017 $46,967 $8,564 $55,531 $8,379
2016 $47,650 $8,234 $55,884 $8,453
2015 $45,275 $7,808 $53,083 $7,825
2014 $45,983 $7,783 $53,766 $7,975
2013 $48,150 $8,150 $56,300 $7,767
2012 $54,106 $9,010 $63,116 $7,930
2011 $62,402 $10,397 $72,799 $8,309
2010 $69,750 $11,365 $81,115 $8,579
2009 $77,800 $11,550 $89,350 $9,096
2008 $77,800 $11,550 $89,350 $8,966
2007 $77,800 $11,550 $89,350 $9,050
2006 $72,373 $9,082 $81,455 $9,192

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,696 sqft
Lot size
ZIP code
60484
City
University Park
Street
Madisen Ln
Coordinates
41.44764, -87.67732

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
$1,575
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 686 Madisen Ln last sell?
686 Madisen Ln most recently sold on Oct 28, 2022 for $262,500.
What is the current tax assessment for 686 Madisen Ln?
The most recent total assessment for 686 Madisen Ln (year 2024) is $93,699 with $10,756 in property tax.
How does 686 Madisen Ln's assessment compare to its last sale price?
The current assessment is 64.3% below the last sale price of $262,500.
When was 686 Madisen Ln built?
686 Madisen Ln was built in 2005.
How does 686 Madisen Ln compare to others on Madisen Ln?
We track 8 other properties on Madisen Ln. Browse the list under "Other properties on Madisen Ln" to compare beds, baths, and sale history.
What are the property facts for 686 Madisen Ln?
686 Madisen Ln is a 4 bed, 3 bath, 2,696 sqft single_family.
Is 686 Madisen Ln a flip candidate?
No — 686 Madisen Ln does not appear in our flips dataset.
Is 686 Madisen Ln a tax-appeal candidate?
No — 686 Madisen 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
+19.9%
Implied 1-yr
+79.5%
2026 Q3
$1.31M
2026 Q4
$1.31M
ZIP 60484 — Median Price History + Forecast

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