1320 Lorraine Pl
Waukegan, IL 60085
3 bd 1 ba 952 sqft Built 1962 Lot 6,403 sqft single_family
Most recent sale
$86,000
Jan 12, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 12, 2023 | Sold | $86,000 | MRED |
| Dec 16, 2022 | Price changed | $91,600 | MRED |
| Oct 13, 2022 | Listed | — | MRED |
| Jan 15, 2009 | Listing removed | $89,000 | MRED |
| Oct 13, 2008 | Listed | $89,000 | MRED |
| Mar 29, 2008 | Listing removed | $158,000 | MRED |
| May 18, 2007 | Listed | $158,000 | MRED |
| Oct 15, 2004 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $46,849 | $7,691 | $54,540 | $4,406 |
| 2023 | $43,621 | $7,161 | $50,782 | $4,287 |
| 2022 | $33,532 | $5,692 | $39,224 | $3,248 |
| 2021 | $28,877 | $5,077 | $33,954 | $2,914 |
| 2020 | $26,902 | $4,730 | $31,632 | $2,856 |
| 2019 | $24,651 | $4,334 | $28,985 | $2,821 |
| 2018 | $21,941 | $6,134 | $28,075 | $2,877 |
| 2017 | $19,412 | $5,427 | $24,839 | $2,629 |
| 2016 | $16,563 | $4,716 | $21,279 | $2,361 |
| 2015 | $14,824 | $4,221 | $19,045 | $2,203 |
| 2014 | $14,824 | $4,221 | $19,045 | $2,346 |
| 2013 | $16,027 | $3,833 | $19,860 | $2,422 |
| 2012 | $21,029 | $5,030 | $26,059 | $3,222 |
| 2011 | $26,286 | $6,288 | $32,574 | $3,503 |
| 2010 | $33,180 | $6,350 | $39,530 | $3,780 |
| 2009 | $35,103 | $9,818 | $44,921 | $3,731 |
| 2008 | $36,110 | $10,100 | $46,210 | $3,660 |
| 2007 | $34,648 | $9,691 | $44,339 | $3,492 |
| 2006 | $33,315 | $9,318 | $42,633 | $3,427 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
952 sqft
Lot size
6,403 sqft
ZIP code
60085
City
Waukegan
Street
Lorraine Pl
Coordinates
42.37841, -87.85339
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$516
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1320 Lorraine Pl last sell?
1320 Lorraine Pl most recently sold on Jan 12, 2023 for $86,000.
What is the current tax assessment for 1320 Lorraine Pl?
The most recent total assessment for 1320 Lorraine Pl (year 2024) is $54,540 with $4,406 in property tax.
How does 1320 Lorraine Pl's assessment compare to its last sale price?
The current assessment is 36.6% below the last sale price of $86,000.
When was 1320 Lorraine Pl built?
1320 Lorraine Pl was built in 1962.
How does 1320 Lorraine Pl compare to others on Lorraine Pl?
We track 5 other properties on Lorraine Pl. Browse the list under "Other properties on Lorraine Pl" to compare beds, baths, and sale history.
What are the property facts for 1320 Lorraine Pl?
1320 Lorraine Pl is a 3 bed, 1 bath, 952 sqft, 6,403 sqft lot single_family.
Is 1320 Lorraine Pl a flip candidate?
No — 1320 Lorraine Pl does not appear in our flips dataset.
Is 1320 Lorraine Pl a tax-appeal candidate?
No — 1320 Lorraine Pl 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 Lorraine Pl