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2 Cherokee Rd

Vernon Hills, IL 60061

4 bd 2 ba 1,776 sqft Built 1975 Lot 8,259 sqft single_family
Most recent sale
$403,500
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Sold $403,500 MLS #11463836
Aug 11, 2022 Price changed $409,900 MLS #11463836
Jul 21, 2022 Listed $419,900 MLS #11463836

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $92,243 $25,498 $117,741 $8,908
2023 $84,423 $23,337 $107,760 $8,567
2022 $75,528 $20,878 $96,406 $7,943
2021 $74,714 $20,653 $95,367 $7,681
2020 $74,969 $20,723 $95,692 $7,565
2019 $74,693 $20,647 $95,340 $7,426
2018 $69,617 $20,406 $90,023 $7,379
2017 $67,992 $19,930 $87,922 $7,219
2016 $65,108 $19,085 $84,193 $6,992
2015 $60,888 $17,848 $78,736 $6,880
2014 $60,888 $17,848 $78,736 $6,747
2013 $57,470 $19,169 $76,639 $6,795
2012 $60,375 $19,533 $79,908 $6,663
2011 $66,142 $19,901 $86,043 $6,628
2010 $67,463 $24,174 $91,637 $6,639
2009 $71,201 $25,513 $96,714 $6,365
2008 $72,892 $24,741 $97,633 $6,435
2007 $75,569 $26,571 $102,140 $6,685
2006 $73,254 $25,757 $99,011 $6,586

Property facts

Year built
1975
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,776 sqft
Lot size
8,259 sqft
ZIP code
60061
City
Vernon Hills
Street
Cherokee Rd
Coordinates
42.23203, -87.96200

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
$3,197
Gross rental yield
9.51%
Implied cap rate
6.18%
Trend-extrapolated value

Frequently asked questions

When did 2 Cherokee Rd last sell?
2 Cherokee Rd most recently sold on Sep 27, 2022 for $403,500.
What is the current tax assessment for 2 Cherokee Rd?
The most recent total assessment for 2 Cherokee Rd (year 2024) is $117,741 with $8,908 in property tax.
How does 2 Cherokee Rd's assessment compare to its last sale price?
The current assessment is 70.8% below the last sale price of $403,500.
When was 2 Cherokee Rd built?
2 Cherokee Rd was built in 1975.
How does 2 Cherokee Rd compare to others on Cherokee Rd?
We track 2 other properties on Cherokee Rd. Browse the list under "Other properties on Cherokee Rd" to compare beds, baths, and sale history.
What are the property facts for 2 Cherokee Rd?
2 Cherokee Rd is a 4 bed, 2 bath, 1,776 sqft, 8,259 sqft lot single_family.
Is 2 Cherokee Rd a flip candidate?
No — 2 Cherokee Rd does not appear in our flips dataset.
Is 2 Cherokee Rd a tax-appeal candidate?
No — 2 Cherokee 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
-3.6%
Implied 1-yr
-14.2%
2026 Q3
$437.4K
2026 Q4
$417.2K
ZIP 60061 — Median Price History + Forecast

Explore nearby

Other properties on Cherokee Rd