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516 Northern Oaks Dr

Groveland, IL 61535

2 bd 1 ba 1,310 sqft Built 1973 Lot 24,522 sqft single_family
Most recent sale
$225,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 30, 2025 Sold $283,000 MRED
Sep 27, 2025 Price changed $286,000 RMLSAlliance
Sep 5, 2025 Price changed $309,900 RMLSAlliance
Aug 31, 2025 Price changed $329,900 RMLSAlliance
Aug 27, 2025 Listed $349,000 RMLSAlliance
May 27, 2022 Sold $225,000 Public Record
Apr 24, 2022 Listed $219,900 MLS #PA1233454
Jun 1, 2006 Sold $155,000 Public Record
Mar 14, 2006 Sold $150,000 Public Record
Jan 15, 1997 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $44,850 $28,080 $72,930 $3,719
2023 $38,110 $23,860 $61,970 $3,474
2022 $35,250 $22,070 $57,320 $3,164
2021 $33,890 $21,220 $55,110 $3,165
2020 $33,890 $21,220 $55,110 $3,091
2019 $33,890 $21,220 $55,110 $3,087
2018 $33,890 $21,220 $55,110 $3,029
2017 $37,750 $17,210 $54,960 $2,941
2016 $37,750 $17,210 $54,960 $2,909
2015 $37,380 $17,040 $54,420 $2,843
2014 $36,580 $16,670 $53,250 $2,795
2013 $36,580 $16,670 $53,250 $3,094
2012 $36,580 $16,670 $53,250 $3,111
2011 $36,580 $16,670 $53,250 $2,861
2010 $36,580 $16,670 $53,250 $2,886
2009 $36,580 $16,670 $53,250 $2,843
2008 $35,720 $16,280 $52,000 $2,755
2007 $34,590 $15,770 $50,360 $2,992

Property facts

Year built
1973
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,310 sqft
Lot size
24,522 sqft
ZIP code
61535
City
Groveland
Street
Northern Oaks Dr
Coordinates
40.59419, -89.55245

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,358
Gross rental yield
12.58%
Implied cap rate
8.17%
Trend-extrapolated value

Frequently asked questions

When did 516 Northern Oaks Dr last sell?
516 Northern Oaks Dr most recently sold on May 27, 2022 for $225,000.
What is the current tax assessment for 516 Northern Oaks Dr?
The most recent total assessment for 516 Northern Oaks Dr (year 2024) is $72,930 with $3,719 in property tax.
How does 516 Northern Oaks Dr's assessment compare to its last sale price?
The current assessment is 67.6% below the last sale price of $225,000.
When was 516 Northern Oaks Dr built?
516 Northern Oaks Dr was built in 1973.
How does 516 Northern Oaks Dr compare to others on Northern Oaks Dr?
We track 8 other properties on Northern Oaks Dr. Browse the list under "Other properties on Northern Oaks Dr" to compare beds, baths, and sale history.
What are the property facts for 516 Northern Oaks Dr?
516 Northern Oaks Dr is a 2 bed, 1 bath, 1,310 sqft, 24,522 sqft lot single_family.
Is 516 Northern Oaks Dr a flip candidate?
No — 516 Northern Oaks Dr does not appear in our flips dataset.
Is 516 Northern Oaks Dr a tax-appeal candidate?
No — 516 Northern Oaks 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
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$254.5K
2026 Q4
$260.2K
ZIP 61535 — Median Price History + Forecast

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