NW Illinois News

According to BlockShopper.com, there were two reported residential sales in Lanark for the week of December 29, 2019-January 4, 2020. The median sale price was $35,000 and the median property tax bill was $1,003.50 for the previous twelve months.

510 N. Broad St.
$16,000
Property Tax (2018): $1,143.72
Effective Property Tax Rate: 7.15%
Buyer: Jason and Jennifer Kovach
Seller: Hovels to Homes Inc.

305 E Prairie St.
$54,000
Property Tax (2018): $863.48
Effective Property Tax Rate: 1.60%
Buyer: Rachel Riley
Seller: Jimmy Offill