516 Cumberland Ln
Bolingbrook, IL 60440
5 bd 3 ba 2,200 sqft Built 1970 Lot 8,547 sqft single_family
Most recent sale
$377,500
Feb 22, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2024 | Listing removed | $2,900 | MRED |
| Mar 15, 2024 | Listed for rent | $2,900 | MRED |
| Mar 11, 2024 | Listing removed | $3,000 | MRED |
| Feb 22, 2024 | Sold | $377,500 | MRED |
| Jan 2, 2024 | Price changed | $384,900 | MRED |
| Dec 4, 2023 | Price changed | $399,900 | MRED |
| Nov 28, 2023 | Listed | $429,000 | MRED |
| Aug 14, 2023 | Sold | $237,100 | MRED |
| Jul 10, 2023 | Listed | $200,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $74,269 | $18,174 | $92,443 | $9,488 |
| 2022 | $65,007 | $15,908 | $80,915 | $7,404 |
| 2021 | $60,783 | $14,874 | $75,657 | $7,012 |
| 2020 | $58,784 | $14,385 | $73,169 | $6,794 |
| 2019 | $55,985 | $13,700 | $69,685 | $6,054 |
| 2018 | $52,533 | $12,856 | $65,389 | $5,649 |
| 2017 | $49,794 | $12,186 | $61,980 | $5,343 |
| 2016 | $47,400 | $11,600 | $59,000 | $5,154 |
| 2015 | $45,500 | $11,100 | $56,600 | $5,057 |
| 2014 | $45,500 | $11,100 | $56,600 | $5,060 |
| 2013 | $45,500 | $11,100 | $56,600 | $4,910 |
| 2012 | $47,000 | $11,500 | $58,500 | $4,798 |
| 2011 | $49,400 | $12,100 | $61,500 | $4,441 |
| 2010 | $58,100 | $14,200 | $72,300 | $4,836 |
| 2009 | $64,600 | $15,800 | $80,400 | $5,180 |
| 2008 | $64,600 | $15,800 | $80,400 | $4,879 |
| 2007 | $62,000 | $15,200 | $77,200 | $4,722 |
| 2006 | $62,000 | $15,200 | $77,200 | $4,838 |
Property facts
Year built
1970
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
2,200 sqft
Lot size
8,547 sqft
ZIP code
60440
City
Bolingbrook
Street
Cumberland Ln
Coordinates
41.69497, -88.08878
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,960
Gross rental yield
12.59%
Implied cap rate
8.18%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Cumberland Ln last sell?
516 Cumberland Ln most recently sold on Feb 22, 2024 for $377,500.
What is the current tax assessment for 516 Cumberland Ln?
The most recent total assessment for 516 Cumberland Ln (year 2024) is $92,443 with $9,488 in property tax.
How does 516 Cumberland Ln's assessment compare to its last sale price?
The current assessment is 75.5% below the last sale price of $377,500.
When was 516 Cumberland Ln built?
516 Cumberland Ln was built in 1970.
How does 516 Cumberland Ln compare to others on Cumberland Ln?
We track 8 other properties on Cumberland Ln. Browse the list under "Other properties on Cumberland Ln" to compare beds, baths, and sale history.
What are the property facts for 516 Cumberland Ln?
516 Cumberland Ln is a 5 bed, 3 bath, 2,200 sqft, 8,547 sqft lot single_family.
Is 516 Cumberland Ln a flip candidate?
Yes — 516 Cumberland Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Cumberland Ln a tax-appeal candidate?
No — 516 Cumberland 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
+2.6%
Implied 1-yr
+10.4%
2026 Q3
$362.9K
2026 Q4
$371K
ZIP 60440 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cumberland Ln