7240 Farmer Rd
Verona, IL 60479
4 bd 2 ba 2,059 sqft Built 1900 Lot 87,120 sqft single_family
Most recent sale
$200,000
Apr 10, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 10, 2024 | Sold | $200,000 | MRED |
| Mar 6, 2024 | Listed | $200,000 | MRED |
| Mar 29, 2022 | Listing removed | $190,500 | MRED |
| Mar 12, 2020 | Listing removed | — | MRED |
| Feb 19, 2020 | Listed | $185,000 | MRED |
| Jul 15, 2014 | Sold | $140,000 | MRED |
| Apr 18, 2014 | Price changed | $144,000 | MRED |
| Jan 25, 2014 | Listed | $159,900 | MRED |
| Oct 25, 1999 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $58,869 | $14,165 | $73,034 | $2,054 |
| 2022 | $47,971 | $11,543 | $59,514 | $2,126 |
| 2021 | $45,787 | $11,017 | $56,804 | $2,139 |
| 2020 | $44,359 | $10,673 | $55,032 | $2,149 |
| 2019 | $41,967 | $10,097 | $52,064 | $2,189 |
| 2018 | $41,884 | $10,077 | $51,961 | $2,206 |
| 2017 | $41,338 | $9,946 | $51,284 | $2,220 |
| 2016 | $40,484 | $9,740 | $50,224 | $2,494 |
| 2015 | $40,335 | $9,704 | $50,039 | $2,482 |
| 2014 | $39,912 | $9,602 | $49,514 | $2,613 |
| 2013 | $41,360 | $9,950 | $51,310 | $2,837 |
| 2012 | $42,490 | $10,220 | $52,710 | $2,816 |
| 2011 | $45,140 | $10,860 | $56,000 | $2,924 |
| 2010 | $58,130 | $11,170 | $69,300 | $3,638 |
| 2008 | $58,840 | $11,300 | $70,140 | $3,791 |
| 2007 | $57,900 | $11,120 | $69,020 | $3,791 |
| 2006 | $54,520 | $10,470 | $64,990 | $3,395 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,059 sqft
Lot size
87,120 sqft
ZIP code
60479
City
Verona
Street
Farmer Rd
Coordinates
41.27580, -88.55674
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7240 Farmer Rd last sell?
7240 Farmer Rd most recently sold on Apr 10, 2024 for $200,000.
What is the current tax assessment for 7240 Farmer Rd?
The most recent total assessment for 7240 Farmer Rd (year 2024) is $73,034 with $2,054 in property tax.
How does 7240 Farmer Rd's assessment compare to its last sale price?
The current assessment is 63.5% below the last sale price of $200,000.
When was 7240 Farmer Rd built?
7240 Farmer Rd was built in 1900.
How does 7240 Farmer Rd compare to others on Farmer Rd?
We track 1 other property on Farmer Rd. Browse the list under "Other properties on Farmer Rd" to compare beds, baths, and sale history.
What are the property facts for 7240 Farmer Rd?
7240 Farmer Rd is a 4 bed, 2 bath, 2,059 sqft, 87,120 sqft lot single_family.
Is 7240 Farmer Rd a flip candidate?
No — 7240 Farmer Rd does not appear in our flips dataset.
Is 7240 Farmer Rd a tax-appeal candidate?
No — 7240 Farmer Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-8.8%
Implied 1-yr
-35.0%
2026 Q3
$62.4K
2026 Q4
$49.8K
ZIP 60479 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farmer Rd