5514 Carmel Dr
Hanover Park, IL 60133
4 bd 3 ba 1,680 sqft Built 1972 townhomes
Most recent sale
$257,500
Apr 8, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2024 | Sold | $257,500 | MRED |
| Mar 5, 2024 | Listed | $264,900 | MRED |
| Jan 5, 2024 | Sold | $195,000 | MRED |
| Nov 6, 2023 | Price changed | $199,900 | MRED |
| Oct 23, 2023 | Listed | $209,900 | MRED |
| Oct 23, 2023 | Sold | $150,000 | Public Record |
| Sep 3, 2023 | Listing removed | $245,500 | MRED |
| Aug 7, 2023 | Listed | $245,500 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $58,841 | $6,703 | $65,544 | $5,665 |
| 2022 | $44,310 | $6,090 | $50,400 | $5,363 |
| 2021 | $42,100 | $5,790 | $47,890 | $5,004 |
| 2020 | $41,070 | $5,650 | $46,720 | $4,797 |
| 2019 | $39,470 | $5,430 | $44,900 | $4,664 |
| 2018 | $25,670 | $5,280 | $30,950 | $3,530 |
| 2017 | $23,790 | $4,900 | $28,690 | $3,414 |
| 2016 | $22,020 | $4,530 | $26,550 | $2,576 |
| 2015 | $20,550 | $4,230 | $24,780 | $2,546 |
| 2014 | $30,670 | $6,310 | $36,980 | $4,164 |
| 2013 | $31,720 | $6,530 | $38,250 | $4,148 |
| 2012 | $33,870 | $6,970 | $40,840 | $4,119 |
| 2011 | $37,400 | $7,690 | $45,090 | $4,013 |
| 2010 | $43,170 | $8,880 | $52,050 | $3,988 |
| 2008 | $46,350 | $9,530 | $55,880 | $4,106 |
| 2007 | $44,020 | $9,050 | $53,070 | $3,981 |
| 2006 | $42,430 | $8,720 | $51,150 | $3,953 |
Property facts
Year built
1972
Property type
townhomes
Stories
2
Beds
4
Baths
3
Living area
1,680 sqft
Lot size
—
ZIP code
60133
City
Hanover Park
Street
Carmel Dr
Coordinates
41.97263, -88.13177
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,024
Gross rental yield
14.09%
Implied cap rate
9.16%
Trend-extrapolated value
—
Frequently asked questions
When did 5514 Carmel Dr last sell?
5514 Carmel Dr most recently sold on Apr 8, 2024 for $257,500.
What is the current tax assessment for 5514 Carmel Dr?
The most recent total assessment for 5514 Carmel Dr (year 2024) is $65,544 with $5,665 in property tax.
How does 5514 Carmel Dr's assessment compare to its last sale price?
The current assessment is 74.5% below the last sale price of $257,500.
When was 5514 Carmel Dr built?
5514 Carmel Dr was built in 1972.
How does 5514 Carmel Dr compare to others on Carmel Dr?
We track 8 other properties on Carmel Dr. Browse the list under "Other properties on Carmel Dr" to compare beds, baths, and sale history.
What are the property facts for 5514 Carmel Dr?
5514 Carmel Dr is a 4 bed, 3 bath, 1,680 sqft townhomes.
Is 5514 Carmel Dr a flip candidate?
Yes — 5514 Carmel Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5514 Carmel Dr a tax-appeal candidate?
No — 5514 Carmel Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.8%
2026 Q3
$353.6K
2026 Q4
$360.4K
ZIP 60133 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Carmel Dr