550 Council Cir
Vernon Hills, IL 60061
4 bd 4 ba 3,174 sqft Built 2021 Lot 7,536 sqft single_family
Most recent sale
$850,000
Mar 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 31, 2022 | Sold | $850,000 | MLS #11284678 |
| Mar 29, 2022 | Listing removed | $879,900 | MRED |
| Jan 31, 2022 | Listed | $879,900 | MLS #11284678 |
| Nov 1, 2021 | Sold | $237,667 | Public Record |
| Sep 24, 2021 | Sold | $712,729 | MLS #10963258 |
| Dec 11, 2018 | Sold | $6,393,440 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $187,868 | $86,245 | $274,113 | $22,923 |
| 2023 | $181,445 | $83,296 | $264,741 | $22,067 |
| 2022 | $153,195 | $73,844 | $227,039 | $20,766 |
| 2021 | — | $13,283 | $13,283 | $1,213 |
| 2020 | — | $13,060 | $13,060 | $1,171 |
| 2019 | — | $12,936 | $12,936 | $1,141 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,174 sqft
Lot size
7,536 sqft
ZIP code
60061
City
Vernon Hills
Street
Council Cir
Coordinates
42.25270, -87.95073
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,713
Gross rental yield
8.07%
Implied cap rate
5.24%
Trend-extrapolated value
—
Frequently asked questions
When did 550 Council Cir last sell?
550 Council Cir most recently sold on Mar 31, 2022 for $850,000.
What is the current tax assessment for 550 Council Cir?
The most recent total assessment for 550 Council Cir (year 2024) is $274,113 with $22,923 in property tax.
How does 550 Council Cir's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $850,000.
When was 550 Council Cir built?
550 Council Cir was built in 2021.
How does 550 Council Cir compare to others on Council Cir?
We track 8 other properties on Council Cir. Browse the list under "Other properties on Council Cir" to compare beds, baths, and sale history.
What are the property facts for 550 Council Cir?
550 Council Cir is a 4 bed, 4 bath, 3,174 sqft, 7,536 sqft lot single_family.
Is 550 Council Cir a flip candidate?
Yes — 550 Council Cir appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 550 Council Cir a tax-appeal candidate?
No — 550 Council Cir 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 Council Cir