346 Farmington Ln
Vernon Hills, IL 60061
2 bd 2 ba 1,012 sqft Built 1975 townhomes
Most recent sale
$160,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 11, 2025 | Listing removed | $2,050 | MRED |
| Oct 20, 2025 | Price changed for rent | $2,050 | MRED |
| Sep 27, 2025 | Listed for rent | $2,150 | MRED |
| Sep 9, 2024 | Listing removed | $1,950 | MRED |
| Aug 8, 2024 | Listed for rent | $1,950 | MRED |
| Jun 10, 2022 | Sold | $160,000 | MLS #11413269 |
| May 23, 2022 | Listed | $164,900 | MLS #11413269 |
| Dec 9, 1999 | Sold | $87,500 | Public Record |
| Aug 1, 1988 | Sold | $58,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $41,539 | $14,751 | $56,290 | $4,645 |
| 2023 | $38,390 | $13,633 | $52,023 | $4,586 |
| 2022 | $33,104 | $11,756 | $44,860 | $4,172 |
| 2021 | $32,747 | $11,629 | $44,376 | $4,040 |
| 2020 | $32,859 | $11,669 | $44,528 | $3,977 |
| 2019 | $32,738 | $11,626 | $44,364 | $3,900 |
| 2018 | $24,417 | $11,282 | $35,699 | $3,135 |
| 2017 | $23,847 | $11,019 | $34,866 | $3,072 |
| 2016 | $22,835 | $10,552 | $33,387 | $2,985 |
| 2015 | $21,355 | $9,868 | $31,223 | $2,953 |
| 2014 | $21,355 | $9,868 | $31,223 | $2,978 |
| 2013 | $20,582 | $10,599 | $31,181 | $2,423 |
| 2012 | $21,621 | $10,800 | $32,421 | $2,388 |
| 2011 | $23,688 | $11,004 | $34,692 | $2,385 |
| 2010 | $25,652 | $22,050 | $47,702 | $3,238 |
| 2009 | $27,073 | $23,272 | $50,345 | $3,121 |
| 2008 | $25,612 | $22,568 | $48,180 | $2,990 |
| 2007 | $25,364 | $22,350 | $47,714 | $2,948 |
| 2006 | $24,018 | $21,947 | $45,965 | $2,878 |
Property facts
Year built
1975
Property type
townhomes
Stories
3
Beds
2
Baths
2
Living area
1,012 sqft
Lot size
—
ZIP code
60061
City
Vernon Hills
Street
Farmington Ln
Coordinates
42.23259, -87.97498
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
$1,822
Gross rental yield
13.67%
Implied cap rate
8.88%
Trend-extrapolated value
—
Frequently asked questions
When did 346 Farmington Ln last sell?
346 Farmington Ln most recently sold on Jun 10, 2022 for $160,000.
What is the current tax assessment for 346 Farmington Ln?
The most recent total assessment for 346 Farmington Ln (year 2024) is $56,290 with $4,645 in property tax.
How does 346 Farmington Ln's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $160,000.
When was 346 Farmington Ln built?
346 Farmington Ln was built in 1975.
How does 346 Farmington Ln compare to others on Farmington Ln?
We track 6 other properties on Farmington Ln. Browse the list under "Other properties on Farmington Ln" to compare beds, baths, and sale history.
What are the property facts for 346 Farmington Ln?
346 Farmington Ln is a 2 bed, 2 bath, 1,012 sqft townhomes.
Is 346 Farmington Ln a flip candidate?
No — 346 Farmington Ln does not appear in our flips dataset.
Is 346 Farmington Ln a tax-appeal candidate?
No — 346 Farmington 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
Explore nearby
Geography
Other properties on Farmington Ln