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307 Sheffield Ln

Vernon Hills, IL 60061

4 bd 3 ba 2,698 sqft Built 1989 Lot 9,104 sqft single_family
Most recent sale
$650,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $650,000 MLS #11367033
May 12, 2022 Listed $569,000 MLS #11367033
Aug 22, 2017 Sold $458,000 Public Record
Aug 19, 2017 Listing removed $469,000 MRED
Jun 28, 2017 Listed $469,000 MLS #09674059
Aug 22, 2001 Sold $375,000 Public Record
Nov 3, 1989 Sold $190,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $144,911 $38,891 $183,802 $15,168
2023 $133,926 $35,943 $169,869 $14,683
2022 $116,425 $31,246 $147,671 $13,177
2021 $122,220 $30,909 $153,129 $12,754
2020 $132,061 $31,014 $163,075 $13,189
2019 $131,574 $30,900 $162,474 $13,761
2018 $133,638 $30,538 $164,176 $12,879
2017 $130,519 $29,825 $160,344 $13,600
2016 $124,982 $28,560 $153,542 $13,193
2015 $116,882 $26,709 $143,591 $13,015
2014 $116,882 $26,709 $143,591 $12,149
2013 $104,507 $28,687 $133,194 $12,234
2012 $109,788 $29,232 $139,020 $11,985
2011 $120,276 $29,783 $150,059 $11,918
2010 $113,704 $42,778 $156,482 $11,659
2009 $120,004 $45,148 $165,152 $11,203
2008 $125,252 $44,233 $169,485 $10,845
2007 $140,275 $26,508 $166,783 $10,556
2006 $129,503 $25,697 $155,200 $9,952

Property facts

Year built
1989
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,698 sqft
Lot size
9,104 sqft
ZIP code
60061
City
Vernon Hills
Street
Sheffield Ln
Coordinates
42.21512, -87.97278

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,856
Gross rental yield
8.96%
Implied cap rate
5.83%
Trend-extrapolated value

Frequently asked questions

When did 307 Sheffield Ln last sell?
307 Sheffield Ln most recently sold on Jun 17, 2022 for $650,000.
What is the current tax assessment for 307 Sheffield Ln?
The most recent total assessment for 307 Sheffield Ln (year 2024) is $183,802 with $15,168 in property tax.
How does 307 Sheffield Ln's assessment compare to its last sale price?
The current assessment is 71.7% below the last sale price of $650,000.
When was 307 Sheffield Ln built?
307 Sheffield Ln was built in 1989.
How does 307 Sheffield Ln compare to others on Sheffield Ln?
We track 4 other properties on Sheffield Ln. Browse the list under "Other properties on Sheffield Ln" to compare beds, baths, and sale history.
What are the property facts for 307 Sheffield Ln?
307 Sheffield Ln is a 4 bed, 3 bath, 2,698 sqft, 9,104 sqft lot single_family.
Is 307 Sheffield Ln a flip candidate?
No — 307 Sheffield Ln does not appear in our flips dataset.
Is 307 Sheffield Ln a tax-appeal candidate?
No — 307 Sheffield 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
-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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