423 Elm Tree Ln
Vernon Hills, IL 60061
4 bd 4 ba 2,136 sqft Built 1974 Lot 9,331 sqft single_family
Most recent sale
$502,500
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 23, 2022 | Sold | $502,500 | MLS #11393357 |
| May 4, 2022 | Listed | $449,900 | MLS #11393357 |
| Jan 28, 2013 | Sold | $250,000 | Public Record |
| Aug 15, 2010 | Listing removed | $265,000 | MRED |
| Jun 11, 2010 | Relisted | $265,000 | MLS #07397512 |
| Jun 7, 2010 | Listing removed | $279,000 | MRED |
| May 20, 2010 | Price changed | $279,000 | MLS #07397512 |
| May 17, 2010 | Relisted | $309,000 | MLS #07397512 |
| Dec 27, 2009 | Listing removed | $309,000 | MRED |
| Dec 15, 2009 | Listed | $309,000 | MLS #07397512 |
| Nov 17, 2009 | Listing removed | $309,000 | MRED |
| Nov 15, 2009 | Price changed | $309,000 | MLS #07218301 |
| Sep 29, 2009 | Price changed | $319,000 | MLS #07218301 |
| Sep 28, 2009 | Price changed | $329,000 | MLS #07218301 |
| Sep 6, 2009 | Price changed | $349,000 | MLS #07218301 |
| Aug 27, 2009 | Price changed | $369,000 | MLS #07218301 |
| Aug 2, 2009 | Price changed | $379,000 | MLS #07218301 |
| Jul 6, 2009 | Price changed | $389,000 | MLS #07218301 |
| Jun 24, 2009 | Price changed | $399,000 | MLS #07218301 |
| May 22, 2009 | Listed | $415,000 | MLS #07218301 |
| Aug 1, 1988 | Sold | $167,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $119,457 | $32,894 | $152,351 | $11,736 |
| 2023 | $109,330 | $30,106 | $139,436 | $11,305 |
| 2022 | $97,811 | $26,934 | $124,745 | $11,044 |
| 2021 | $96,756 | $26,644 | $123,400 | $10,689 |
| 2020 | $102,307 | $26,735 | $129,042 | $10,524 |
| 2019 | $101,930 | $26,636 | $128,566 | $10,781 |
| 2018 | $93,411 | $26,325 | $119,736 | $9,394 |
| 2017 | $91,231 | $25,711 | $116,942 | $9,732 |
| 2016 | $87,361 | $24,620 | $111,981 | $9,434 |
| 2015 | $81,699 | $23,024 | $104,723 | $9,296 |
| 2014 | $81,699 | $23,024 | $104,723 | $7,336 |
| 2013 | $58,534 | $24,726 | $83,260 | $7,422 |
| 2012 | $79,745 | $25,198 | $104,943 | $8,917 |
| 2011 | $87,363 | $25,673 | $113,036 | $8,859 |
| 2010 | $91,428 | $30,870 | $122,298 | $9,013 |
| 2009 | $96,494 | $32,580 | $129,074 | $8,663 |
| 2008 | $98,642 | $31,594 | $130,236 | $8,739 |
| 2007 | $93,384 | $26,211 | $119,595 | $7,908 |
| 2006 | $86,212 | $25,408 | $111,620 | $7,491 |
Property facts
Year built
1974
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
2,136 sqft
Lot size
9,331 sqft
ZIP code
60061
City
Vernon Hills
Street
Elm Tree Ln
Coordinates
42.23555, -87.95981
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
$3,845
Gross rental yield
9.18%
Implied cap rate
5.97%
Trend-extrapolated value
—
Frequently asked questions
When did 423 Elm Tree Ln last sell?
423 Elm Tree Ln most recently sold on Jun 23, 2022 for $502,500.
What is the current tax assessment for 423 Elm Tree Ln?
The most recent total assessment for 423 Elm Tree Ln (year 2024) is $152,351 with $11,736 in property tax.
How does 423 Elm Tree Ln's assessment compare to its last sale price?
The current assessment is 69.7% below the last sale price of $502,500.
When was 423 Elm Tree Ln built?
423 Elm Tree Ln was built in 1974.
How does 423 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 423 Elm Tree Ln?
423 Elm Tree Ln is a 4 bed, 4 bath, 2,136 sqft, 9,331 sqft lot single_family.
Is 423 Elm Tree Ln a flip candidate?
No — 423 Elm Tree Ln does not appear in our flips dataset.
Is 423 Elm Tree Ln a tax-appeal candidate?
No — 423 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 valuationQuarterly trend
-3.6%
Implied 1-yr
-14.2%
2026 Q3
$437.4K
2026 Q4
$417.2K
ZIP 60061 — Median Price History + Forecast
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Geography
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