1516 Grand Ave
Chicago, IL 60642
2 bd 2 ba 1,500 sqft Built 2004 condos
Most recent sale
$485,000
Oct 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 19, 2022 | Sold | $485,000 | MLS #11477611 |
| Aug 25, 2022 | Price changed | $489,000 | MLS #11477611 |
| Jul 29, 2022 | Listed | $499,000 | MLS #11477611 |
| Jul 12, 2019 | Price changed | $488,900 | MLS #10402986 |
| Jun 25, 2019 | Price changed | $489,000 | MLS #10402986 |
| Jun 22, 2019 | Price changed | $499,000 | MLS #10402986 |
| Jun 4, 2019 | Listed | $499,500 | MLS #10402986 |
| May 8, 2019 | Price changed | $499,500 | MLS #10354811 |
| Apr 24, 2019 | Listed | $499,900 | MLS #10354811 |
| Apr 10, 2019 | Price changed | $514,900 | MLS #10293576 |
| Mar 12, 2019 | Price changed | $515,000 | MLS #10293576 |
| Mar 1, 2019 | Listed | $524,900 | MLS #10293576 |
| Nov 9, 2018 | Listed | $499,900 | MLS #10133795 |
| Nov 5, 2018 | Price changed | $505,000 | MLS #10079563 |
| Oct 11, 2018 | Price changed | $524,900 | MLS #10079563 |
| Oct 3, 2018 | Price changed | $525,000 | MLS #10079563 |
| Sep 27, 2018 | Price changed | $544,900 | MLS #10079563 |
| Sep 11, 2018 | Listed | $545,000 | MLS #10079563 |
| Feb 27, 2015 | Sold | $385,000 | MLS #08811019 |
| Jan 6, 2015 | Listed | $380,000 | MLS #08811019 |
| Dec 5, 2014 | Price changed | $380,000 | MLS #08736936 |
| Oct 10, 2014 | Price changed | $395,000 | MLS #08736936 |
| Sep 24, 2014 | Listed | $409,000 | MLS #08736936 |
| Sep 15, 2014 | Listed | $409,000 | MLS #08728922 |
| Sep 5, 2014 | Listed | $429,000 | MLS #08720568 |
| Oct 6, 2008 | Sold | $402,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $36,261 | $2,684 | $38,945 | $8,241 |
| 2022 | $36,261 | $2,684 | $38,945 | $7,306 |
| 2021 | $36,261 | $2,684 | $38,945 | $7,161 |
| 2020 | $33,413 | $2,684 | $36,097 | $7,350 |
| 2019 | $37,069 | $2,684 | $39,753 | $7,298 |
| 2018 | $37,069 | $2,684 | $39,753 | $7,174 |
| 2017 | $36,813 | $2,369 | $39,182 | $7,708 |
| 2016 | $36,813 | $2,369 | $39,182 | $7,348 |
| 2015 | $36,813 | $2,369 | $39,182 | $6,699 |
| 2014 | $31,070 | $2,013 | $33,083 | $5,662 |
| 2013 | $31,070 | $2,013 | $33,083 | $5,539 |
| 2012 | $31,070 | $2,013 | $33,083 | $5,489 |
| 2011 | $31,527 | $2,684 | $34,211 | $5,216 |
| 2010 | $31,527 | $2,684 | $34,211 | $5,271 |
| 2009 | $31,527 | $2,684 | $34,211 | $5,057 |
| 2008 | $34,391 | $1,137 | $35,528 | $5,096 |
| 2007 | $34,391 | $1,137 | $35,528 | $4,796 |
| 2006 | $34,391 | $1,137 | $35,528 | $4,835 |
Property facts
Year built
2004
Property type
condos
Stories
4
Beds
2
Baths
2
Living area
1,500 sqft
Lot size
—
ZIP code
60642
City
Chicago
Street
Grand Ave
Coordinates
41.89127, -87.66630
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,700
Gross rental yield
6.68%
Implied cap rate
4.34%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Grand Ave last sell?
1516 Grand Ave most recently sold on Oct 19, 2022 for $485,000.
What is the current tax assessment for 1516 Grand Ave?
The most recent total assessment for 1516 Grand Ave (year 2023) is $38,945 with $8,241 in property tax.
How does 1516 Grand Ave's assessment compare to its last sale price?
The current assessment is 92.0% below the last sale price of $485,000.
When was 1516 Grand Ave built?
1516 Grand Ave was built in 2004.
How does 1516 Grand Ave compare to others on Grand Ave?
We track 8 other properties on Grand Ave. Browse the list under "Other properties on Grand Ave" to compare beds, baths, and sale history.
What are the property facts for 1516 Grand Ave?
1516 Grand Ave is a 2 bed, 2 bath, 1,500 sqft condos.
Is 1516 Grand Ave a flip candidate?
No — 1516 Grand Ave does not appear in our flips dataset.
Is 1516 Grand Ave a tax-appeal candidate?
No — 1516 Grand 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
+3.1%
Implied 1-yr
+12.2%
2026 Q3
$830.4K
2026 Q4
$851.6K
ZIP 60642 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grand Ave