516 Elmwood Ave
Evanston, IL 60202
3 bd 1 ba 1,404 sqft Built 1944 Lot 5,800 sqft single_family
Most recent sale
$744,000
Sep 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 18, 2022 | Sold | $744,000 | Public Record |
| Sep 9, 2022 | Sold | $744,000 | MLS #11436802 |
| Aug 2, 2022 | Price changed | $744,000 | MLS #11436802 |
| Jun 24, 2022 | Listed | $769,000 | MLS #11436802 |
| Oct 28, 2015 | Sold | $443,000 | MLS #08963270 |
| Sep 11, 2015 | Price changed | $470,250 | MLS #08963270 |
| Jun 24, 2015 | Listed | $495,000 | MLS #08963270 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $30,312 | $11,020 | $41,332 | $10,138 |
| 2022 | $34,980 | $11,020 | $46,000 | $10,018 |
| 2021 | $16,778 | $8,700 | $25,478 | $5,956 |
| 2020 | $16,778 | $8,700 | $25,478 | $5,935 |
| 2019 | $21,004 | $8,700 | $29,704 | $6,237 |
| 2018 | $25,697 | $7,250 | $32,947 | $8,193 |
| 2017 | $28,712 | $7,250 | $35,962 | $8,809 |
| 2016 | $34,176 | $7,250 | $41,426 | $9,978 |
| 2015 | $23,835 | $6,090 | $29,925 | $7,425 |
| 2014 | $23,835 | $6,090 | $29,925 | $7,368 |
| 2013 | $23,835 | $6,090 | $29,925 | $7,182 |
| 2012 | $27,587 | $6,815 | $34,402 | $7,642 |
| 2011 | $27,587 | $6,815 | $34,402 | $7,268 |
| 2010 | $27,587 | $6,815 | $34,402 | $6,447 |
| 2009 | $34,094 | $6,960 | $41,054 | $7,358 |
| 2008 | $31,628 | $11,136 | $42,764 | $6,663 |
| 2007 | $31,628 | $11,136 | $42,764 | $5,874 |
| 2006 | $18,446 | $8,584 | $27,030 | $5,288 |
Property facts
Year built
1944
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,404 sqft
Lot size
5,800 sqft
ZIP code
60202
City
Evanston
Street
Elmwood Ave
Coordinates
42.02726, -87.68447
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,527
Gross rental yield
4.08%
Implied cap rate
2.65%
Trend-extrapolated value
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Frequently asked questions
When did 516 Elmwood Ave last sell?
516 Elmwood Ave most recently sold on Sep 9, 2022 for $744,000.
What is the current tax assessment for 516 Elmwood Ave?
The most recent total assessment for 516 Elmwood Ave (year 2023) is $41,332 with $10,138 in property tax.
How does 516 Elmwood Ave's assessment compare to its last sale price?
The current assessment is 94.4% below the last sale price of $744,000.
When was 516 Elmwood Ave built?
516 Elmwood Ave was built in 1944.
How does 516 Elmwood Ave compare to others on Elmwood Ave?
We track 8 other properties on Elmwood Ave. Browse the list under "Other properties on Elmwood Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Elmwood Ave?
516 Elmwood Ave is a 3 bed, 1 bath, 1,404 sqft, 5,800 sqft lot single_family.
Is 516 Elmwood Ave a flip candidate?
No — 516 Elmwood Ave does not appear in our flips dataset.
Is 516 Elmwood Ave a tax-appeal candidate?
No — 516 Elmwood 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
+3.6%
Implied 1-yr
+14.6%
2026 Q3
$645.7K
2026 Q4
$664.7K
ZIP 60202 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elmwood Ave