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5116 Beechwood Ave

Gurnee, IL 60031

4 bd 2 ba 1,140 sqft Built 1983 Lot 8,799 sqft single_family
Most recent sale
$305,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2025 Sold $359,000 MRED
May 28, 2025 Price changed $359,000 MRED
May 15, 2025 Listed $369,000 MRED
Oct 3, 2022 Sold $305,000 MLS #11615155
Aug 27, 2022 Listed $315,000 MLS #11615155
Aug 26, 2022 Listing removed $315,000 MRED
Aug 16, 2022 Listing removed $315,000 MRED
Jul 18, 2022 Listing removed $329,999 MRED
Jul 18, 2022 Listed $315,000 MLS #11467291
Jun 17, 2022 Listed $329,999 MLS #11438015
May 27, 2022 Sold $350,000 MLS #11352770
Apr 12, 2022 Listed $315,000 MLS #11352770
Aug 5, 2010 Sold $215,000 Public Record
Apr 20, 2009 Listing removed $235,000 MRED
Feb 20, 2009 Listing removed $235,000 MRED
Sep 21, 2008 Listed $235,000 MLS #07028929
Dec 4, 2001 Sold $180,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $64,874 $11,210 $76,084 $6,516
2019 $62,991 $10,885 $73,876 $6,326
2018 $55,589 $11,262 $66,851 $5,657
2017 $53,996 $10,939 $64,935 $5,530
2016 $51,592 $10,452 $62,044 $5,475
2015 $48,930 $9,913 $58,843 $5,322
2014 $48,930 $9,913 $58,843 $5,528
2013 $49,276 $10,388 $59,664 $5,369
2012 $54,361 $10,074 $64,435 $5,399
2011 $57,769 $10,706 $68,475 $5,169
2010 $59,946 $10,645 $70,591 $4,886
2009 $63,133 $11,211 $74,344 $4,748
2008 $64,127 $11,153 $75,280 $4,686
2007 $64,028 $10,715 $74,743 $4,625

Property facts

Year built
1983
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,140 sqft
Lot size
8,799 sqft
ZIP code
60031
City
Gurnee
Street
Beechwood Ave
Coordinates
42.38679, -87.92961

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,052
Gross rental yield
8.07%
Implied cap rate
5.25%
Trend-extrapolated value

Frequently asked questions

When did 5116 Beechwood Ave last sell?
5116 Beechwood Ave most recently sold on Oct 3, 2022 for $305,000.
What is the current tax assessment for 5116 Beechwood Ave?
The most recent total assessment for 5116 Beechwood Ave (year 2020) is $76,084 with $6,516 in property tax.
How does 5116 Beechwood Ave's assessment compare to its last sale price?
The current assessment is 75.1% below the last sale price of $305,000.
When was 5116 Beechwood Ave built?
5116 Beechwood Ave was built in 1983.
How does 5116 Beechwood Ave compare to others on Beechwood Ave?
We track 8 other properties on Beechwood Ave. Browse the list under "Other properties on Beechwood Ave" to compare beds, baths, and sale history.
What are the property facts for 5116 Beechwood Ave?
5116 Beechwood Ave is a 4 bed, 2 bath, 1,140 sqft, 8,799 sqft lot single_family.
Is 5116 Beechwood Ave a flip candidate?
No — 5116 Beechwood Ave does not appear in our flips dataset.
Is 5116 Beechwood Ave a tax-appeal candidate?
No — 5116 Beechwood Ave 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
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$471K
2026 Q4
$482.8K
ZIP 60031 — Median Price History + Forecast

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