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16227 Powderhorn Lake Way

Crest Hill, IL 60403

3 bd 2 ba 1,873 sqft Built 2002 townhomes
Most recent sale
$310,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $310,000 MLS #11412052
May 26, 2022 Listed $289,900 MLS #11412052
Oct 1, 2002 Sold $224,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $77,737 $20,537 $98,274 $7,287
2022 $65,743 $17,369 $83,112 $6,176
2021 $61,783 $16,323 $78,106 $4,411
2020 $59,751 $15,786 $75,537 $4,451
2019 $56,636 $14,963 $71,599 $4,465
2018 $51,844 $13,697 $65,541 $4,594
2017 $48,942 $12,930 $61,872 $4,629
2016 $45,869 $12,118 $57,987 $4,401
2015 $41,964 $11,087 $53,051 $4,073
2014 $40,742 $10,764 $51,506 $3,991
2013 $46,046 $11,097 $57,143 $4,411
2012 $53,542 $12,903 $66,445 $4,924
2011 $57,572 $13,874 $71,446 $4,847
2010 $65,423 $14,303 $79,726 $4,956
2009 $71,112 $15,547 $86,659 $5,025
2008 $71,112 $15,547 $86,659 $4,972
2007 $68,674 $15,014 $83,688 $4,774
2006 $66,033 $14,437 $80,470 $4,722

Property facts

Year built
2002
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
1,873 sqft
Lot size
ZIP code
60403
City
Crest Hill
Street
Powderhorn Lake Way
Coordinates
41.58861, -88.13799

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
$3,371
Gross rental yield
13.05%
Implied cap rate
8.48%
Trend-extrapolated value

Frequently asked questions

When did 16227 Powderhorn Lake Way last sell?
16227 Powderhorn Lake Way most recently sold on Jun 29, 2022 for $310,000.
What is the current tax assessment for 16227 Powderhorn Lake Way?
The most recent total assessment for 16227 Powderhorn Lake Way (year 2024) is $98,274 with $7,287 in property tax.
How does 16227 Powderhorn Lake Way's assessment compare to its last sale price?
The current assessment is 68.3% below the last sale price of $310,000.
When was 16227 Powderhorn Lake Way built?
16227 Powderhorn Lake Way was built in 2002.
How does 16227 Powderhorn Lake Way compare to others on Powderhorn Lake Way?
We track 8 other properties on Powderhorn Lake Way. Browse the list under "Other properties on Powderhorn Lake Way" to compare beds, baths, and sale history.
What are the property facts for 16227 Powderhorn Lake Way?
16227 Powderhorn Lake Way is a 3 bed, 2 bath, 1,873 sqft townhomes.
Is 16227 Powderhorn Lake Way a flip candidate?
No — 16227 Powderhorn Lake Way does not appear in our flips dataset.
Is 16227 Powderhorn Lake Way a tax-appeal candidate?
No — 16227 Powderhorn Lake Way 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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