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16140 Ridgewood Dr

Homer Glen, IL 60491

3 bd 3 ba 2,543 sqft Built 2001 Lot 24,829 sqft single_family
Most recent sale
$560,000
Nov 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 7, 2022 Sold $560,000 MRED
Oct 5, 2022 Listed $560,000 MRED
Jul 1, 2009 Sold $450,000 Public Record
Nov 12, 2008 Listing removed $519,900 MRED
Aug 30, 2008 Listing removed $526,500 MRED
Aug 30, 2008 Listed $519,900 MRED
May 30, 2008 Listing removed $529,900 MRED
May 30, 2008 Listed $526,500 MRED
May 16, 2007 Listed $529,900 MRED
Sep 20, 2001 Sold $354,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $156,141 $40,124 $196,265 $14,586
2022 $132,152 $33,960 $166,112 $12,895
2021 $125,203 $32,174 $157,377 $12,270
2020 $120,596 $30,990 $151,586 $12,262
2019 $116,013 $29,812 $145,825 $11,674
2018 $139,623 $35,364 $174,987 $14,288
2017 $135,714 $34,374 $170,088 $14,008
2016 $131,188 $33,228 $164,416 $13,678
2015 $126,264 $31,981 $158,245 $13,445
2014 $123,655 $31,320 $154,975 $13,706
2013 $123,655 $31,320 $154,975 $12,496
2012 $123,655 $36,000 $159,655 $12,123
2011 $136,862 $36,000 $172,862 $11,958
2010 $144,065 $43,099 $187,164 $12,179
2009 $134,464 $44,249 $178,713 $11,628
2008 $134,464 $44,249 $178,713 $11,546
2007 $129,081 $42,478 $171,559 $11,082
2006 $120,636 $39,699 $160,335 $10,679

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,543 sqft
Lot size
24,829 sqft
ZIP code
60491
City
Homer Glen
Street
Ridgewood Dr
Coordinates
41.59537, -87.93689

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,577
Gross rental yield
9.81%
Implied cap rate
6.38%
Trend-extrapolated value

Frequently asked questions

When did 16140 Ridgewood Dr last sell?
16140 Ridgewood Dr most recently sold on Nov 7, 2022 for $560,000.
What is the current tax assessment for 16140 Ridgewood Dr?
The most recent total assessment for 16140 Ridgewood Dr (year 2024) is $196,265 with $14,586 in property tax.
How does 16140 Ridgewood Dr's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $560,000.
When was 16140 Ridgewood Dr built?
16140 Ridgewood Dr was built in 2001.
How does 16140 Ridgewood Dr compare to others on Ridgewood Dr?
We track 8 other properties on Ridgewood Dr. Browse the list under "Other properties on Ridgewood Dr" to compare beds, baths, and sale history.
What are the property facts for 16140 Ridgewood Dr?
16140 Ridgewood Dr is a 3 bed, 3 bath, 2,543 sqft, 24,829 sqft lot single_family.
Is 16140 Ridgewood Dr a flip candidate?
No — 16140 Ridgewood Dr does not appear in our flips dataset.
Is 16140 Ridgewood Dr a tax-appeal candidate?
No — 16140 Ridgewood 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$961.9K
2026 Q4
$981.3K
ZIP 60491 — Median Price History + Forecast

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