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Single Family ResidenceResidential
$748,478$257 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

2850 CHEROKEE LN

RIVERWOODS, IL 60015
2
Baths
2,911 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.02 ac
Lot SizeThe size of the land the home sits on, from county records.
1957
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$748K
$694K low$803K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$464,078
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$371,262
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.36%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$134,400
WASHINGTON MUTUAL FSB · R · recorded Mar 21, 2003
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$50,000
FIRSTAR BANK
3rd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$100,000

Tax & Assessment

Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$184,909 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$86,892
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$98,017
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$171,054
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$554,782

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyLake
Lot (acres)The size of the land the home sits on, from county records.1.02
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 243 ft²Porch · 192 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Charles J. Caruso Middle SchoolA
Middle · Grades 6–8 · 1.6 mi
E
Wilmot Elementary SchoolA
Elementary · Grades KG–5 · 1.9 mi
H
Deerfield High SchoolA+
High · Grades 9–12 · 2.3 mi

District: Deerfield School District 109

Neighborhood · ZIP 60015These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.55
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.118
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.45

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.41%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.28,450
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,053 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$171,494
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$229,637
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

2850 Cherokee Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 83% of homes in Lake County
  • Costs less per square foot than 81% of homes in Deerfield 60015
  • Bigger than 83% of homes in Lake County
  • Has a bigger lot than 92% of homes in Lake County
  • Older than 79% of homes in Deerfield 60015

What homes are worth in Deerfield 60015

Each bar is how many homes fall in that price range. The marker is this home.

This home
$245K$1.9M

This home is worth more than 52% of homes in Deerfield 60015.

How it measures up in Deerfield 60015

The dot is this home. The mark in the middle is the typical home in Deerfield 60015.

Estimated value$748,478
CheaperTypical $728,508Pricier

Pricier than 52% of homes nearby

Price per ft²$257
CheaperTypical $311Pricier

Pricier than 19% of homes nearby

Living area2,911 ft²
SmallerTypical 2,338 ft²Bigger

Bigger than 68% of homes nearby

Lot size1.02 ac
SmallerTypical 0.27 acBigger

Bigger than 86% of homes nearby

Year built1957
OlderTypical 1971Newer

Newer than 21% of homes nearby

How 2850 Cherokee Ln ranks against every home in each area.
MeasureThis homeDeerfield 60015Lake County
Estimated valuepricier than$748,47852% of homes83% of homes
Price per ft²pricier than$25719% of homes64% of homes
Living areabigger than2,911 ft²68% of homes83% of homes
Lot sizebigger than1.02 ac86% of homes92% of homes
Year builtnewer than195721% of homes22% of homes

About 2850 Cherokee Ln

How much is 2850 Cherokee Ln, Riverwoods, IL worth?

The TopHap Estimate for 2850 Cherokee Ln, Riverwoods, IL is $748,478 as of Jul 14, 2026. The likely range is $694,248 to $802,708. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

How big is 2850 Cherokee Ln, Riverwoods, IL?

2850 Cherokee Ln, Riverwoods, IL has 2 bathrooms, 2,911 square feet of living space and a 1.02-acre lot.

When was 2850 Cherokee Ln, Riverwoods, IL built?

2850 Cherokee Ln, Riverwoods, IL was built in 1957, making it 69 years old. The building has 1 story.

What schools serve 2850 Cherokee Ln, Riverwoods, IL?

2850 Cherokee Ln, Riverwoods, IL is assigned to Charles J. Caruso Middle School (middle), rated A; Wilmot Elementary School (elementary), rated A; Deerfield High School (high), rated A+. All sit in Deerfield School District 109. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 2850 Cherokee Ln, Riverwoods, IL compare to other homes in Deerfield 60015?

Among the 9,371 homes in Deerfield 60015, it is worth more than 52% of them ($748,478 against a typical $728,508), its price per square foot is higher than 19% of them ($257 against a typical $311), it is bigger than 68% of them (2,911 ft² against a typical 2,338 ft²), its lot is bigger than 86% of them (1.02 ac against a typical 0.27 ac) and it is newer than 21% of them (1957 against a typical 1971). Measured against all of Lake County, it is worth more than 83% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

Closest homes

More homes in Riverwoods 60015

Assigned schools

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