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416 Commonwealth Ln

Elmhurst, IL 60126

3 bd 2 ba 1,298 sqft Built 1964 Lot 7,550 sqft single_family
Most recent sale
$402,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $402,000 MRED
Mar 18, 2024 Listed $360,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $100,073 $34,702 $134,775 $6,428
2022 $88,950 $30,840 $119,790 $5,399
2021 $86,740 $30,070 $116,810 $5,486
2020 $84,840 $29,410 $114,250 $5,421
2019 $80,660 $27,960 $108,620 $5,194
2018 $80,800 $26,480 $107,280 $5,262
2017 $77,000 $25,230 $102,230 $5,166
2016 $72,540 $23,770 $96,310 $4,846
2015 $67,580 $22,140 $89,720 $4,752
2014 $61,040 $20,220 $81,260 $4,449
2013 $61,900 $20,500 $82,400 $4,409
2012 $65,970 $21,850 $87,820 $4,376
2011 $71,630 $23,720 $95,350 $4,203
2010 $75,790 $26,530 $102,320 $2,570
2008 $81,320 $28,460 $109,780 $3,714
2007 $74,740 $26,160 $100,900 $3,491
2006 $70,660 $24,730 $95,390 $3,337

Property facts

Year built
1964
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,298 sqft
Lot size
7,550 sqft
ZIP code
60126
City
Elmhurst
Street
Commonwealth Ln
Coordinates
41.86513, -87.95503

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,336
Gross rental yield
6.97%
Implied cap rate
4.53%
Trend-extrapolated value

Frequently asked questions

When did 416 Commonwealth Ln last sell?
416 Commonwealth Ln most recently sold on Apr 15, 2024 for $402,000.
What is the current tax assessment for 416 Commonwealth Ln?
The most recent total assessment for 416 Commonwealth Ln (year 2024) is $134,775 with $6,428 in property tax.
How does 416 Commonwealth Ln's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $402,000.
When was 416 Commonwealth Ln built?
416 Commonwealth Ln was built in 1964.
How does 416 Commonwealth Ln compare to others on Commonwealth Ln?
We do not currently track other properties on Commonwealth Ln.
What are the property facts for 416 Commonwealth Ln?
416 Commonwealth Ln is a 3 bed, 2 bath, 1,298 sqft, 7,550 sqft lot single_family.
Is 416 Commonwealth Ln a flip candidate?
No — 416 Commonwealth Ln does not appear in our flips dataset.
Is 416 Commonwealth Ln a tax-appeal candidate?
No — 416 Commonwealth Ln 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
-0.2%
Implied 1-yr
-0.6%
2026 Q3
$828K
2026 Q4
$826.6K
ZIP 60126 — Median Price History + Forecast

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