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16518 Grandwood Lake Dr

Crest Hill, IL 60403

2 bd 2 ba 2,126 sqft Built 2006 Lot 6,953 sqft single_family
Most recent sale
$310,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $310,000 MLS #11362844
Apr 1, 2022 Listed $315,000 MLS #11362844
Apr 24, 2006 Sold $272,140 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $95,186 $30,324 $125,510 $10,131
2022 $80,501 $25,645 $106,146 $8,149
2021 $75,652 $24,100 $99,752 $4,895
2020 $73,164 $23,308 $96,472 $4,729
2019 $69,350 $22,093 $91,443 $4,674
2018 $66,683 $21,243 $87,926 $6,659
2017 $62,950 $20,054 $83,004 $6,262
2016 $55,805 $18,795 $74,600 $5,958
2015 $52,056 $17,532 $69,588 $5,273
2014 $50,540 $17,021 $67,561 $5,365
2013 $50,428 $17,021 $67,449 $5,204
2012 $51,988 $17,547 $69,535 $5,019
2011 $55,901 $18,868 $74,769 $4,951
2010 $63,524 $19,452 $82,976 $5,044
2009 $69,048 $21,144 $90,192 $4,923
2008 $69,048 $21,144 $90,192 $4,872
2007 $66,681 $20,419 $87,100 $5,213
2006 $48,234 $4,440 $52,674 $3,236

Property facts

Year built
2006
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,126 sqft
Lot size
6,953 sqft
ZIP code
60403
City
Crest Hill
Street
Grandwood Lake Dr
Coordinates
41.58333, -88.13170

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,860
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16518 Grandwood Lake Dr last sell?
16518 Grandwood Lake Dr most recently sold on May 4, 2022 for $310,000.
What is the current tax assessment for 16518 Grandwood Lake Dr?
The most recent total assessment for 16518 Grandwood Lake Dr (year 2024) is $125,510 with $10,131 in property tax.
How does 16518 Grandwood Lake Dr's assessment compare to its last sale price?
The current assessment is 59.5% below the last sale price of $310,000.
When was 16518 Grandwood Lake Dr built?
16518 Grandwood Lake Dr was built in 2006.
How does 16518 Grandwood Lake Dr compare to others on Grandwood Lake Dr?
We track 8 other properties on Grandwood Lake Dr. Browse the list under "Other properties on Grandwood Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 16518 Grandwood Lake Dr?
16518 Grandwood Lake Dr is a 2 bed, 2 bath, 2,126 sqft, 6,953 sqft lot single_family.
Is 16518 Grandwood Lake Dr a flip candidate?
No — 16518 Grandwood Lake Dr does not appear in our flips dataset.
Is 16518 Grandwood Lake Dr a tax-appeal candidate?
No — 16518 Grandwood Lake Dr 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
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$287.5K
2026 Q4
$289.6K
ZIP 60403 — Median Price History + Forecast

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