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421 Elm Tree Ln

Vernon Hills, IL 60061

4 bd 3 ba 2,342 sqft Built 1975 single_family
Most recent sale
$460,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $460,000 MLS #11306227
Feb 24, 2022 Listed $459,000 MLS #11306227

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $131,392 $31,835 $163,227 $13,025
2023 $123,861 $30,010 $153,871 $12,553
2022 $109,745 $26,590 $136,335 $12,122
2021 $108,562 $26,303 $134,865 $11,733
2020 $108,932 $26,393 $135,325 $11,552
2019 $108,530 $26,296 $134,826 $11,331
2018 $100,265 $25,990 $126,255 $10,560
2017 $97,925 $25,383 $123,308 $10,336
2016 $93,771 $24,306 $118,077 $10,021
2015 $87,694 $22,731 $110,425 $9,877
2014 $87,694 $22,731 $110,425 $9,220
2013 $78,119 $24,413 $102,532 $9,284
2012 $87,759 $24,877 $112,636 $8,875
2011 $96,144 $25,346 $121,490 $9,557
2010 $102,373 $30,567 $132,940 $7,870
2009 $108,045 $32,261 $140,306 $9,453
2008 $105,549 $31,284 $136,833 $9,201
2007 $100,789 $26,211 $127,000 $8,419
2006 $93,049 $25,408 $118,457 $7,971

Property facts

Year built
1975
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,342 sqft
Lot size
ZIP code
60061
City
Vernon Hills
Street
Elm Tree Ln
Coordinates
42.23531, -87.95988

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
$4,216
Gross rental yield
11.00%
Implied cap rate
7.15%
Trend-extrapolated value

Frequently asked questions

When did 421 Elm Tree Ln last sell?
421 Elm Tree Ln most recently sold on Apr 29, 2022 for $460,000.
What is the current tax assessment for 421 Elm Tree Ln?
The most recent total assessment for 421 Elm Tree Ln (year 2024) is $163,227 with $13,025 in property tax.
How does 421 Elm Tree Ln's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $460,000.
When was 421 Elm Tree Ln built?
421 Elm Tree Ln was built in 1975.
How does 421 Elm Tree Ln compare to others on Elm Tree Ln?
We track 3 other properties on Elm Tree Ln. Browse the list under "Other properties on Elm Tree Ln" to compare beds, baths, and sale history.
What are the property facts for 421 Elm Tree Ln?
421 Elm Tree Ln is a 4 bed, 3 bath, 2,342 sqft single_family.
Is 421 Elm Tree Ln a flip candidate?
No — 421 Elm Tree Ln does not appear in our flips dataset.
Is 421 Elm Tree Ln a tax-appeal candidate?
No — 421 Elm Tree 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
-4.2%
Implied 1-yr
-17.0%
2026 Q2
$428.5K
2026 Q3
$403.4K
ZIP 60061 — Median Price History + Forecast

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