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16048 New Ave

Lemont, IL 60439

2 bd 2 ba 1,000 sqft Built 2010 Lot 17,860 sqft single_family
Most recent sale
$312,000
Mar 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2022 Sold $312,000 MLS #11270273
Jan 2, 2022 Price changed $319,999 MLS #11270273
Dec 10, 2021 Listed $349,999 MLS #11270273
Mar 22, 2000 Sold $137,000 Public Record
May 11, 1999 Sold $131,000 Public Record
Sep 21, 1998 Sold $132,700 Public Record
May 14, 1998 Sold $135,000 Public Record
Apr 23, 1998 Sold $133,000 Public Record
Mar 4, 1998 Sold $134,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $24,550 $5,750 $30,300 $6,297
2022 $152 $3,680 $3,832 $930
2021 $152 $3,680 $3,832 $901
2020 $152 $3,680 $3,832 $911
2019 $152 $3,680 $3,832 $886
2018 $152 $3,680 $3,832 $872
2017 $152 $3,680 $3,832 $859
2016 $152 $2,990 $3,142 $742
2015 $152 $2,990 $3,142 $753
2014 $152 $2,990 $3,142 $760
2013 $152 $2,990 $3,142 $714
2012 $152 $2,990 $3,142 $693
2011 $152 $2,990 $3,142 $661
2010 $1,704 $2,990 $4,694 $929
2009 $1,704 $2,990 $4,694 $900
2008 $152 $4,784 $4,936 $838
2007 $152 $4,416 $4,568 $794
2006 $152 $4,416 $4,568 $764

Property facts

Year built
2010
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,000 sqft
Lot size
17,860 sqft
ZIP code
60439
City
Lemont
Street
New Ave
Coordinates
41.67191, -88.01105

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
6.92%
Implied cap rate
4.50%
Trend-extrapolated value

Frequently asked questions

When did 16048 New Ave last sell?
16048 New Ave most recently sold on Mar 3, 2022 for $312,000.
What is the current tax assessment for 16048 New Ave?
The most recent total assessment for 16048 New Ave (year 2023) is $30,300 with $6,297 in property tax.
How does 16048 New Ave's assessment compare to its last sale price?
The current assessment is 90.3% below the last sale price of $312,000.
When was 16048 New Ave built?
16048 New Ave was built in 2010.
How does 16048 New Ave compare to others on New Ave?
We track 8 other properties on New Ave. Browse the list under "Other properties on New Ave" to compare beds, baths, and sale history.
What are the property facts for 16048 New Ave?
16048 New Ave is a 2 bed, 2 bath, 1,000 sqft, 17,860 sqft lot single_family.
Is 16048 New Ave a flip candidate?
No — 16048 New Ave does not appear in our flips dataset.
Is 16048 New Ave a tax-appeal candidate?
No — 16048 New 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
-0.4%
Implied 1-yr
-1.4%
2026 Q3
$527.9K
2026 Q4
$526.1K
ZIP 60439 — Median Price History + Forecast

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