7306 Falls Ln
Wonder Lake, IL 60097
3 bd 1 ba 1,800 sqft Built 1951 Lot 8,006 sqft single_family
Most recent sale
$226,000
Jun 14, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 14, 2024 | Sold | $226,000 | MRED |
| May 4, 2024 | Listed | $225,000 | MRED |
| Jul 30, 2018 | Sold | $118,000 | MRED |
| Jul 14, 2018 | Price changed | $127,500 | MRED |
| Jun 1, 2018 | Price changed | $130,000 | MRED |
| May 31, 2018 | Price changed | $133,500 | MRED |
| May 16, 2018 | Listed | $135,000 | MRED |
| Jun 12, 2013 | Sold | $30,000 | Public Record |
| May 8, 2010 | Listing removed | $159,900 | MRED |
| Mar 11, 2010 | Listed | $159,900 | MRED |
| Oct 16, 2009 | Listing removed | $174,500 | MRED |
| Sep 28, 2009 | Price changed | $174,500 | MRED |
| Sep 14, 2009 | Price changed | $179,500 | MRED |
| Oct 15, 2008 | Listed | $179,900 | MRED |
| Jan 28, 2008 | Listing removed | $174,900 | MRED |
| Feb 8, 2007 | Listed | $174,900 | MRED |
| Dec 30, 2005 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $56,462 | $9,719 | $66,181 | $4,947 |
| 2024 | $51,805 | $8,917 | $60,722 | $4,722 |
| 2022 | $22,673 | $7,412 | $30,085 | $2,833 |
| 2021 | $21,115 | $6,903 | $28,018 | $2,706 |
| 2020 | $20,235 | $6,615 | $26,850 | $2,626 |
| 2019 | $19,215 | $6,281 | $25,496 | $2,569 |
| 2018 | $16,676 | $5,451 | $22,127 | $3,022 |
| 2017 | $15,651 | $5,116 | $20,767 | $2,986 |
| 2016 | $14,627 | $4,781 | $19,408 | $2,959 |
| 2015 | $13,619 | $4,452 | $18,071 | $3,111 |
| 2014 | $13,917 | $4,549 | $18,466 | $3,430 |
| 2013 | $5,293 | $4,707 | $10,000 | $2,044 |
| 2012 | $18,864 | $5,113 | $23,977 | $3,622 |
| 2011 | $20,554 | $5,571 | $26,125 | $3,488 |
| 2010 | $28,371 | $10,462 | $38,833 | $4,213 |
| 2008 | $31,006 | $13,074 | $44,080 | $3,983 |
| 2007 | $30,030 | $12,662 | $42,692 | $3,553 |
| 2006 | $31,147 | $6,015 | $37,162 | $2,671 |
Property facts
Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,800 sqft
Lot size
8,006 sqft
ZIP code
60097
City
Wonder Lake
Street
Falls Ln
Coordinates
42.40848, -88.33969
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,356
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7306 Falls Ln last sell?
7306 Falls Ln most recently sold on Jun 14, 2024 for $226,000.
What is the current tax assessment for 7306 Falls Ln?
The most recent total assessment for 7306 Falls Ln (year 2025) is $66,181 with $4,947 in property tax.
How does 7306 Falls Ln's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $226,000.
When was 7306 Falls Ln built?
7306 Falls Ln was built in 1951.
How does 7306 Falls Ln compare to others on Falls Ln?
We do not currently track other properties on Falls Ln.
What are the property facts for 7306 Falls Ln?
7306 Falls Ln is a 3 bed, 1 bath, 1,800 sqft, 8,006 sqft lot single_family.
Is 7306 Falls Ln a flip candidate?
No — 7306 Falls Ln does not appear in our flips dataset.
Is 7306 Falls Ln a tax-appeal candidate?
No — 7306 Falls Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography