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424 16th St

Chicago Heights, IL 60411

3 bd 2 ba 1,054 sqft Built 1958 Lot 5,600 sqft single_family
Most recent sale
$55,000
May 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 14, 2024 Sold $175,000 MRED
Jan 15, 2024 Price changed $175,000 MRED
Dec 29, 2023 Price changed $150,000 MRED
Nov 17, 2023 Price changed $185,000 MRED
Nov 8, 2023 Price changed $189,900 MRED
Oct 31, 2023 Price changed $195,000 MRED
Oct 20, 2023 Listed $199,900 MRED
Apr 28, 2023 Sold $192,000 MRED
Feb 14, 2023 Listed $199,900 MRED
Nov 23, 2022 Listing removed $192,000 MRED
Oct 22, 2022 Listed $192,000 MLS #11658299
Oct 22, 2022 Listing removed $199,900 MRED
Aug 8, 2022 Listed $199,900 MLS #11486716
Jul 18, 2022 Listing removed $205,000 MRED
Jun 23, 2022 Listed $205,000 MLS #11253224
May 21, 2021 Sold $55,000 Public Record
Mar 11, 2020 Listing removed $75,000 MRED
Apr 3, 2019 Relisted $80,000 MLS #10314032
Mar 26, 2019 Listing removed $80,000 MRED
Mar 20, 2019 Listed $80,000 MLS #10314032
Mar 6, 2017 Listing removed $1,149 MRED
Oct 30, 2016 Listing removed $1,200 MRED
Sep 29, 2016 Listed for rent $1,200 MRED
Jul 19, 2016 Listing removed $1,250 AppfolioUnits
Jun 1, 2016 Price changed for rent $1,250 AppfolioUnits
May 28, 2016 Listed for rent $1,300 AppfolioUnits
Jul 20, 2015 Sold $23,000 MLS #08869442
May 7, 2015 Price changed $29,000 MLS #08869442
Mar 23, 2015 Listed $39,000 MLS #08869442
Dec 14, 1982 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $7,718 $2,352 $10,070 $5,353
2022 $4,564 $2,016 $6,580 $4,158
2021 $4,564 $2,016 $6,580 $3,993
2020 $5,259 $2,016 $7,275 $4,274
2019 $6,174 $1,848 $8,022 $4,620
2018 $6,174 $1,848 $8,022 $4,392
2017 $6,174 $1,848 $8,022 $4,199
2016 $6,480 $1,680 $8,160 $4,376
2015 $6,480 $1,680 $8,160 $4,326
2014 $6,480 $1,680 $8,160 $4,287
2013 $4,922 $1,680 $6,602 $3,340
2012 $492 $1,680 $2,172 $1,065
2011 $4,922 $1,680 $6,602 $2,950
2010 $7,776 $1,680 $9,456 $3,784
2009 $7,776 $1,680 $9,456 $3,657
2008 $7,265 $2,688 $9,953 $3,187
2007 $7,439 $1,881 $9,320 $3,119
2006 $7,439 $1,881 $9,320 $3,124

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,054 sqft
Lot size
5,600 sqft
ZIP code
60411
City
Chicago Heights
Street
16th St
Coordinates
41.50208, -87.66091

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 424 16th St last sell?
424 16th St most recently sold on May 21, 2021 for $55,000.
What is the current tax assessment for 424 16th St?
The most recent total assessment for 424 16th St (year 2023) is $10,070 with $5,353 in property tax.
How does 424 16th St's assessment compare to its last sale price?
The current assessment is 81.7% below the last sale price of $55,000.
When was 424 16th St built?
424 16th St was built in 1958.
How does 424 16th St compare to others on 16th St?
We track 8 other properties on 16th St. Browse the list under "Other properties on 16th St" to compare beds, baths, and sale history.
What are the property facts for 424 16th St?
424 16th St is a 3 bed, 2 bath, 1,054 sqft, 5,600 sqft lot single_family.
Is 424 16th St a flip candidate?
Yes — 424 16th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 424 16th St a tax-appeal candidate?
No — 424 16th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.3%
Implied 1-yr
+17.2%
2026 Q3
$264.2K
2026 Q4
$273.1K
ZIP 60411 — Median Price History + Forecast

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