347 Cherry Valley Rd
Vernon Hills, IL 60061
3 bd 2 ba 1,160 sqft Built 1962 Lot 5,565 sqft townhomes
Most recent sale
$205,000
Feb 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 29, 2022 | Listing removed | $218,500 | MRED |
| Feb 2, 2022 | Sold | $205,000 | MLS #11243713 |
| Oct 11, 2021 | Listed | $215,000 | MLS #11243713 |
| Sep 9, 2020 | Sold | $145,000 | Public Record |
| Jul 17, 2020 | Listed | $149,900 | MLS #10429118 |
| Jul 16, 2020 | Sold | $145,000 | MLS #10429118 |
| Jun 25, 2019 | Listed | $149,900 | MLS #10429118 |
| Jun 15, 2019 | Listing removed | $155,000 | MRED |
| Mar 6, 2019 | Listed | $155,000 | MLS #10299480 |
| Feb 1, 2019 | Listing removed | $149,900 | MRED |
| Jan 31, 2019 | Listing removed | $149,900 | MRED |
| Oct 20, 2018 | Listed | $149,900 | MLS #10117552 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $35,726 | $18,309 | $54,035 | $3,955 |
| 2023 | $29,285 | $15,009 | $44,294 | $3,905 |
| 2022 | $22,938 | $11,756 | $34,694 | $3,226 |
| 2021 | $22,691 | $11,629 | $34,320 | $3,124 |
| 2020 | $22,768 | $11,669 | $34,437 | $3,076 |
| 2019 | $22,684 | $11,626 | $34,310 | $3,016 |
| 2018 | $7,931 | $11,282 | $19,213 | $1,687 |
| 2017 | $7,746 | $11,019 | $18,765 | $1,666 |
| 2016 | $7,417 | $10,552 | $17,969 | $1,607 |
| 2015 | $13,025 | $9,868 | $22,893 | $2,165 |
| 2014 | $13,025 | $9,868 | $22,893 | $1,797 |
| 2013 | $12,630 | $10,599 | $23,229 | $1,809 |
| 2012 | $12,870 | $10,800 | $23,670 | $1,726 |
| 2011 | $14,710 | $11,004 | $25,714 | $1,614 |
| 2010 | $20,710 | $16,962 | $37,672 | $2,917 |
| 2009 | $20,328 | $17,902 | $38,230 | $2,691 |
| 2008 | $18,230 | $17,360 | $35,590 | $2,493 |
| 2007 | $14,442 | $17,192 | $31,634 | $2,183 |
| 2006 | $11,251 | $16,882 | $28,133 | $1,976 |
Property facts
Year built
1962
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,160 sqft
Lot size
5,565 sqft
ZIP code
60061
City
Vernon Hills
Street
Cherry Valley Rd
Coordinates
42.22021, -87.97493
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,088
Gross rental yield
12.22%
Implied cap rate
7.94%
Trend-extrapolated value
—
Frequently asked questions
When did 347 Cherry Valley Rd last sell?
347 Cherry Valley Rd most recently sold on Feb 2, 2022 for $205,000.
What is the current tax assessment for 347 Cherry Valley Rd?
The most recent total assessment for 347 Cherry Valley Rd (year 2024) is $54,035 with $3,955 in property tax.
How does 347 Cherry Valley Rd's assessment compare to its last sale price?
The current assessment is 73.6% below the last sale price of $205,000.
When was 347 Cherry Valley Rd built?
347 Cherry Valley Rd was built in 1962.
How does 347 Cherry Valley Rd compare to others on Cherry Valley Rd?
We track 8 other properties on Cherry Valley Rd. Browse the list under "Other properties on Cherry Valley Rd" to compare beds, baths, and sale history.
What are the property facts for 347 Cherry Valley Rd?
347 Cherry Valley Rd is a 3 bed, 2 bath, 1,160 sqft, 5,565 sqft lot townhomes.
Is 347 Cherry Valley Rd a flip candidate?
Yes — 347 Cherry Valley Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 347 Cherry Valley Rd a tax-appeal candidate?
No — 347 Cherry Valley Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.6%
Implied 1-yr
-14.2%
2026 Q3
$437.4K
2026 Q4
$417.2K
ZIP 60061 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherry Valley Rd