1516 Forest Ave
Calumet City, IL 60409
3 bd 2 ba 1,340 sqft Built 1967 Lot 4,879 sqft single_family
Most recent sale
$183,000
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 13, 2022 | Sold | $183,000 | MLS #11456226 |
| Jul 6, 2022 | Listed | $180,000 | MLS #11456226 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $13,926 | $2,074 | $16,000 | $10,522 |
| 2022 | $8,054 | $1,830 | $9,884 | $5,511 |
| 2021 | $8,054 | $1,830 | $9,884 | $5,483 |
| 2020 | $8,054 | $1,830 | $9,884 | $4,792 |
| 2019 | $8,252 | $1,708 | $9,960 | $4,855 |
| 2018 | $8,252 | $1,708 | $9,960 | $4,882 |
| 2017 | $8,252 | $1,708 | $9,960 | $4,678 |
| 2016 | $6,754 | $1,586 | $8,340 | $3,938 |
| 2015 | $6,754 | $1,586 | $8,340 | $3,795 |
| 2014 | $7,380 | $1,586 | $8,966 | $4,085 |
| 2013 | $8,582 | $1,586 | $10,168 | $4,453 |
| 2012 | $8,582 | $1,586 | $10,168 | $5,566 |
| 2011 | $8,582 | $1,586 | $10,168 | $5,255 |
| 2010 | $11,324 | $1,586 | $12,910 | $5,863 |
| 2009 | $11,324 | $1,586 | $12,910 | $3,576 |
| 2008 | $11,052 | $2,537 | $13,589 | $3,098 |
| 2007 | $10,887 | $2,342 | $13,229 | $2,247 |
| 2006 | $10,887 | $2,342 | $13,229 | $2,150 |
Property facts
Year built
1967
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,340 sqft
Lot size
4,879 sqft
ZIP code
60409
City
Calumet City
Street
Forest Ave
Coordinates
41.58947, -87.53135
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,098
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Forest Ave last sell?
1516 Forest Ave most recently sold on Sep 13, 2022 for $183,000.
What is the current tax assessment for 1516 Forest Ave?
The most recent total assessment for 1516 Forest Ave (year 2023) is $16,000 with $10,522 in property tax.
How does 1516 Forest Ave's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $183,000.
When was 1516 Forest Ave built?
1516 Forest Ave was built in 1967.
How does 1516 Forest Ave compare to others on Forest Ave?
We track 8 other properties on Forest Ave. Browse the list under "Other properties on Forest Ave" to compare beds, baths, and sale history.
What are the property facts for 1516 Forest Ave?
1516 Forest Ave is a 3 bed, 2 bath, 1,340 sqft, 4,879 sqft lot single_family.
Is 1516 Forest Ave a flip candidate?
No — 1516 Forest Ave does not appear in our flips dataset.
Is 1516 Forest Ave a tax-appeal candidate?
No — 1516 Forest Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.1%
Implied 1-yr
-0.4%
2026 Q3
$167.2K
2026 Q4
$167.1K
ZIP 60409 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Ave