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516 Frances Ave

Loves Park, IL 61111

2 bd 1 ba 876 sqft Built 1930 Lot 6,957 sqft single_family
Most recent sale
$109,900
Nov 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 3, 2022 Sold $109,900 MRED
Oct 3, 2022 Listed $109,900 MRED
Sep 26, 2012 Listing removed $70,000 NorthWestILAlliance
May 16, 2012 Listed $70,000 NorthWestILAlliance
Jun 8, 2001 Sold $80,500 Public Record
Apr 7, 1999 Sold $67,500 Public Record
Aug 1, 1995 Sold $59,000 Public Record
May 31, 1989 Sold $92,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $35,274 $4,805 $40,079 $2,732
2023 $31,656 $4,312 $35,968 $2,322
2022 $24,949 $3,398 $28,347 $2,785
2021 $22,876 $3,116 $25,992 $2,620
2020 $21,626 $2,946 $24,572 $2,411
2019 $20,612 $2,808 $23,420 $1,840
2018 $19,425 $2,646 $22,071 $1,883
2017 $18,590 $2,532 $21,122 $1,803
2016 $18,242 $2,485 $20,727 $1,771
2015 $18,242 $2,485 $20,727 $1,792
2014 $18,953 $3,111 $22,064 $1,931
2013 $20,135 $3,305 $23,440 $1,974
2012 $21,354 $3,505 $24,859 $1,958
2011 $22,504 $3,694 $26,198 $1,943
2010 $23,686 $3,888 $27,574 $1,932
2008 $23,303 $3,825 $27,128 $1,808
2007 $23,630 $3,651 $27,281 $1,838
2006 $22,648 $3,382 $26,030 $1,768

Property facts

Year built
1930
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
876 sqft
Lot size
6,957 sqft
ZIP code
61111
City
Loves Park
Street
Frances Ave
Coordinates
42.30676, -89.05604

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$659
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Frances Ave last sell?
516 Frances Ave most recently sold on Nov 3, 2022 for $109,900.
What is the current tax assessment for 516 Frances Ave?
The most recent total assessment for 516 Frances Ave (year 2025) is $40,079 with $2,732 in property tax.
How does 516 Frances Ave's assessment compare to its last sale price?
The current assessment is 63.5% below the last sale price of $109,900.
When was 516 Frances Ave built?
516 Frances Ave was built in 1930.
How does 516 Frances Ave compare to others on Frances Ave?
We track 8 other properties on Frances Ave. Browse the list under "Other properties on Frances Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Frances Ave?
516 Frances Ave is a 2 bed, 1 bath, 876 sqft, 6,957 sqft lot single_family.
Is 516 Frances Ave a flip candidate?
No — 516 Frances Ave does not appear in our flips dataset.
Is 516 Frances Ave a tax-appeal candidate?
No — 516 Frances 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
-1.5%
Implied 1-yr
-5.8%
2026 Q3
$200.9K
2026 Q4
$197.7K
ZIP 61111 — Median Price History + Forecast

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