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850 Lorraine Rd

Wheaton, IL 60189

1 bd 1 ba 835 sqft Built 1974 condos
Most recent sale
$145,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2024 Listing removed $1,500 MRED
Apr 17, 2024 Listed for rent $1,500 MRED
Jun 7, 2022 Sold $145,000 MLS #11389702
May 20, 2022 Price changed $145,000 MLS #11389702
Apr 29, 2022 Listed $149,000 MLS #11389702
Jul 16, 2007 Sold $160,500 Public Record
May 4, 2006 Sold $146,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $31,160 $7,010 $38,170 $2,643
2021 $30,420 $6,840 $37,260 $2,212
2020 $30,140 $6,780 $36,920 $2,203
2019 $29,340 $6,600 $35,940 $2,143
2018 $18,600 $4,890 $23,490 $1,267
2017 $16,580 $4,360 $20,940 $1,109
2016 $15,920 $4,190 $20,110 $1,078
2015 $15,190 $4,000 $19,190 $1,051
2014 $35,650 $3,970 $39,620 $2,726
2013 $35,760 $3,980 $39,740 $2,657
2012 $37,290 $4,150 $41,440 $2,608
2011 $39,828 $4,434 $44,262 $2,559
2010 $39,570 $7,050 $46,620 $2,514
2009 $39,700 $7,320 $47,020 $2,372
2008 $39,700 $7,320 $47,020 $2,341
2007 $37,880 $6,980 $44,860 $2,255
2006 $27,800 $6,120 $33,920 $2,004

Property facts

Year built
1974
Property type
condos
Stories
3
Beds
1
Baths
1
Living area
835 sqft
Lot size
ZIP code
60189
City
Wheaton
Street
Lorraine Rd
Coordinates
41.85796, -88.08285

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,503
Gross rental yield
12.44%
Implied cap rate
8.09%
Trend-extrapolated value

Frequently asked questions

When did 850 Lorraine Rd last sell?
850 Lorraine Rd most recently sold on Jun 7, 2022 for $145,000.
What is the current tax assessment for 850 Lorraine Rd?
The most recent total assessment for 850 Lorraine Rd (year 2022) is $38,170 with $2,643 in property tax.
How does 850 Lorraine Rd's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $145,000.
When was 850 Lorraine Rd built?
850 Lorraine Rd was built in 1974.
How does 850 Lorraine Rd compare to others on Lorraine Rd?
We track 8 other properties on Lorraine Rd. Browse the list under "Other properties on Lorraine Rd" to compare beds, baths, and sale history.
What are the property facts for 850 Lorraine Rd?
850 Lorraine Rd is a 1 bed, 1 bath, 835 sqft condos.
Is 850 Lorraine Rd a flip candidate?
No — 850 Lorraine Rd does not appear in our flips dataset.
Is 850 Lorraine Rd a tax-appeal candidate?
No — 850 Lorraine Rd 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
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$563.1K
2026 Q4
$566.3K
ZIP 60189 — Median Price History + Forecast

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