1506 Laurel Ave
Waukegan, IL 60085
4 bd 2 ba 1,622 sqft Built 1901 Lot 4,800 sqft multi_family
Most recent sale
$234,900
Jul 18, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 5, 2024 | Sold | $275,000 | MRED |
| Apr 15, 2024 | Price changed | $265,000 | MRED |
| Mar 22, 2024 | Price changed | $269,000 | MRED |
| Feb 29, 2024 | Listed | $280,000 | MRED |
| Jul 18, 2023 | Sold | $234,900 | MRED |
| Jun 17, 2023 | Listing removed | $239,900 | MRED |
| Jun 17, 2023 | Listed | $239,900 | MRED |
| May 23, 2023 | Listed | $234,900 | MRED |
| Mar 11, 2020 | Listing removed | $138,900 | MRED |
| Apr 21, 2019 | Listed | $147,900 | MRED |
| Apr 21, 2019 | Listing removed | $152,900 | MRED |
| Apr 3, 2019 | Price changed | $152,900 | MRED |
| Feb 27, 2019 | Price changed | $154,900 | MRED |
| Feb 9, 2019 | Listed | $159,900 | MRED |
| Feb 9, 2019 | Listing removed | $159,900 | MRED |
| Feb 3, 2019 | Listing removed | $159,900 | MRED |
| Jan 22, 2019 | Listed | $159,900 | MRED |
| May 1, 1988 | Sold | $55,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $51,497 | $6,725 | $58,222 | $4,464 |
| 2023 | $45,185 | $6,262 | $51,447 | $4,339 |
| 2022 | $39,911 | $4,973 | $44,884 | $4,387 |
| 2021 | $35,622 | $4,276 | $39,898 | $4,159 |
| 2019 | $30,410 | $3,651 | $34,061 | $4,240 |
| 2018 | $18,310 | $6,719 | $25,029 | $3,322 |
| 2017 | $16,199 | $5,944 | $22,143 | $13,750 |
| 2016 | $14,076 | $5,165 | $19,241 | $2,973 |
| 2015 | $12,598 | $4,623 | $17,221 | $2,909 |
| 2014 | $12,598 | $4,623 | $17,221 | $2,876 |
| 2013 | $18,134 | $4,856 | $22,990 | $2,952 |
| 2012 | $23,794 | $6,373 | $30,167 | $3,879 |
| 2011 | $29,743 | $7,966 | $37,709 | $4,000 |
| 2010 | $37,543 | $8,045 | $45,588 | $4,311 |
| 2009 | $39,717 | $12,438 | $52,155 | $4,294 |
| 2008 | $40,857 | $12,795 | $53,652 | $4,203 |
| 2007 | $37,852 | $12,277 | $50,129 | $4,007 |
| 2006 | $36,397 | $11,805 | $48,202 | $3,935 |
Property facts
Year built
1901
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,622 sqft
Lot size
4,800 sqft
ZIP code
60085
City
Waukegan
Street
Laurel Ave
Coordinates
42.35712, -87.84977
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,409
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1506 Laurel Ave last sell?
1506 Laurel Ave most recently sold on Jul 18, 2023 for $234,900.
What is the current tax assessment for 1506 Laurel Ave?
The most recent total assessment for 1506 Laurel Ave (year 2024) is $58,222 with $4,464 in property tax.
How does 1506 Laurel Ave's assessment compare to its last sale price?
The current assessment is 75.2% below the last sale price of $234,900.
When was 1506 Laurel Ave built?
1506 Laurel Ave was built in 1901.
How does 1506 Laurel Ave compare to others on Laurel Ave?
We track 4 other properties on Laurel Ave. Browse the list under "Other properties on Laurel Ave" to compare beds, baths, and sale history.
What are the property facts for 1506 Laurel Ave?
1506 Laurel Ave is a 4 bed, 2 bath, 1,622 sqft, 4,800 sqft lot multi_family.
Is 1506 Laurel Ave a flip candidate?
No — 1506 Laurel Ave does not appear in our flips dataset.
Is 1506 Laurel Ave a tax-appeal candidate?
No — 1506 Laurel Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$238.8K
2026 Q4
$242.9K
ZIP 60085 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Laurel Ave