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216 Russet Way

Vernon Hills, IL 60061

2 bd 1 ba 864 sqft Built 1978 condos
Most recent sale
$139,000
Feb 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2024 Listing removed $1,900 MRED
May 10, 2024 Listed for rent $1,900 MRED
Mar 1, 2022 Listing removed $1,500 MRED
Feb 23, 2022 Sold $139,000 Public Record
Feb 17, 2022 Listed for rent $1,500 MRED
Feb 11, 2022 Sold $139,000 MLS #11224306
Dec 4, 2021 Price changed $142,000 MLS #11224306
Nov 22, 2021 Price changed $144,500 MLS #11224306
Oct 21, 2021 Price changed $147,000 MLS #11224306
Oct 14, 2021 Price changed $149,250 MLS #11224306
Sep 30, 2021 Price changed $149,400 MLS #11224306
Sep 20, 2021 Listed $149,500 MLS #11224306
Aug 25, 2020 Sold $126,000 Public Record
Aug 11, 2020 Listed $133,900 MLS #10681631
Jul 28, 2020 Sold $126,000 MLS #10681631
Apr 2, 2020 Listed $133,900 MLS #10681631
Apr 2, 2020 Listing removed $139,900 MRED
Mar 3, 2020 Listing removed $143,900 MRED
Mar 3, 2020 Listed $139,900 MLS #10653643
Feb 18, 2020 Price changed $143,900 MLS #10623373
Jan 30, 2020 Listed $148,900 MLS #10623373
Nov 1, 1990 Sold $74,000 Public Record
Jun 1, 1986 Sold $47,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $36,841 $15,157 $51,998 $4,291
2023 $34,048 $14,008 $48,056 $4,237
2022 $28,573 $11,756 $40,329 $3,751
2021 $28,265 $11,629 $39,894 $3,632
2020 $28,361 $11,669 $40,030 $3,576
2019 $28,256 $11,626 $39,882 $3,506
2018 $18,133 $11,282 $29,415 $2,583
2017 $17,710 $11,019 $28,729 $2,531
2016 $16,959 $10,552 $27,511 $1,476
2015 $15,860 $9,868 $25,728 $1,393
2014 $15,860 $9,868 $25,728 $836
2013 $9,152 $10,599 $19,751 $844
2012 $9,615 $10,800 $20,415 $954
2011 $10,534 $11,004 $21,538 $976
2010 $22,499 $22,050 $44,549 $941
2009 $23,746 $23,272 $47,018 $873
2008 $23,318 $22,568 $45,886 $904
2007 $23,092 $22,350 $45,442 $959
2006 $21,758 $21,947 $43,705 $976

Property facts

Year built
1978
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
864 sqft
Lot size
ZIP code
60061
City
Vernon Hills
Street
Russet Way
Coordinates
42.23103, -87.97335

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,555
Gross rental yield
13.42%
Implied cap rate
8.73%
Trend-extrapolated value

Frequently asked questions

When did 216 Russet Way last sell?
216 Russet Way most recently sold on Feb 23, 2022 for $139,000.
What is the current tax assessment for 216 Russet Way?
The most recent total assessment for 216 Russet Way (year 2024) is $51,998 with $4,291 in property tax.
How does 216 Russet Way's assessment compare to its last sale price?
The current assessment is 62.6% below the last sale price of $139,000.
When was 216 Russet Way built?
216 Russet Way was built in 1978.
How does 216 Russet Way compare to others on Russet Way?
We track 7 other properties on Russet Way. Browse the list under "Other properties on Russet Way" to compare beds, baths, and sale history.
What are the property facts for 216 Russet Way?
216 Russet Way is a 2 bed, 1 bath, 864 sqft condos.
Is 216 Russet Way a flip candidate?
No — 216 Russet Way does not appear in our flips dataset.
Is 216 Russet Way a tax-appeal candidate?
No — 216 Russet Way 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
-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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