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7507 Cedar Dr

Wonder Lake, IL 60097

3 bd 2 ba 1,100 sqft Built 1937 Lot 7,405 sqft single_family
Most recent sale
$194,990
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $194,990 MLS #11385232
Apr 29, 2022 Relisted $174,990 MLS #11385232
Apr 28, 2022 Listing removed $174,990 MRED
Apr 26, 2022 Listed $174,990 MLS #11385232
Dec 8, 2021 Sold $85,050 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,995 $7,643 $50,638 $3,707
2022 $23,356 $6,352 $29,708 $2,544
2021 $21,751 $5,915 $27,666 $2,440
2020 $20,844 $5,668 $26,512 $1,834
2019 $19,793 $5,382 $25,175 $1,781
2018 $17,177 $4,671 $21,848 $1,606
2017 $16,121 $4,384 $20,505 $1,543
2016 $15,066 $4,097 $19,163 $1,483
2015 $14,028 $3,815 $17,843 $1,533
2014 $14,335 $3,898 $18,233 $1,761
2013 $18,485 $4,034 $22,519 $2,191
2012 $20,081 $4,382 $24,463 $2,208
2011 $21,880 $4,775 $26,655 $2,160
2010 $26,044 $10,275 $36,319 $2,685
2009 $28,059 $11,070 $39,129 $2,502
2008 $28,463 $12,256 $40,719 $2,548
2007 $27,567 $11,870 $39,437 $2,294
2006 $28,643 $5,900 $34,543 $2,034

Property facts

Year built
1937
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,100 sqft
Lot size
7,405 sqft
ZIP code
60097
City
Wonder Lake
Street
Cedar Dr
Coordinates
42.38866, -88.34392

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,980
Gross rental yield
12.19%
Implied cap rate
7.92%
Trend-extrapolated value

Frequently asked questions

When did 7507 Cedar Dr last sell?
7507 Cedar Dr most recently sold on Jun 10, 2022 for $194,990.
What is the current tax assessment for 7507 Cedar Dr?
The most recent total assessment for 7507 Cedar Dr (year 2024) is $50,638 with $3,707 in property tax.
How does 7507 Cedar Dr's assessment compare to its last sale price?
The current assessment is 74.0% below the last sale price of $194,990.
When was 7507 Cedar Dr built?
7507 Cedar Dr was built in 1937.
How does 7507 Cedar Dr compare to others on Cedar Dr?
We track 5 other properties on Cedar Dr. Browse the list under "Other properties on Cedar Dr" to compare beds, baths, and sale history.
What are the property facts for 7507 Cedar Dr?
7507 Cedar Dr is a 3 bed, 2 bath, 1,100 sqft, 7,405 sqft lot single_family.
Is 7507 Cedar Dr a flip candidate?
Yes — 7507 Cedar Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7507 Cedar Dr a tax-appeal candidate?
No — 7507 Cedar Dr 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
-19.6%
Implied 1-yr
-78.3%
2026 Q3
$242.6K
2026 Q4
$242.6K
ZIP 60097 — Median Price History + Forecast

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