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16 Lambert Dr

Mount Carmel, IL 62863

3 bd 2 ba 1,432 sqft Built 1960 Lot 14,810 sqft single_family
Most recent sale
$167,500
Apr 17, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2024 Sold $167,500 IRMLS
Feb 23, 2024 Price changed $174,900 IRMLS
Feb 9, 2024 Listed $179,900 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,130 $4,080 $44,210 $2,931
2024 $40,130 $4,080 $44,210 $2,053
2023 $33,730 $3,430 $37,160 $1,918
2022 $32,090 $3,260 $35,350 $1,835
2021 $31,070 $3,160 $34,230 $1,746
2020 $29,115 $2,965 $32,080 $1,588
2019 $27,065 $2,755 $29,820 $1,567
2018 $28,020 $2,850 $30,870 $1,608
2017 $28,905 $2,940 $31,845 $1,625
2016 $28,905 $2,940 $31,845 $1,670
2015 $27,855 $2,835 $30,690 $1,610
2014 $27,855 $2,835 $30,690 $1,584
2013 $28,430 $2,895 $31,325 $1,726
2012 $28,645 $2,915 $31,560 $1,727
2011 $29,420 $2,995 $32,415 $1,751
2010 $28,805 $2,930 $31,735 $1,681
2008 $25,990 $2,645 $28,635 $1,531

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,432 sqft
Lot size
14,810 sqft
ZIP code
62863
City
Mount Carmel
Street
Lambert Dr
Coordinates
38.39965, -87.78244

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
$1,005
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16 Lambert Dr last sell?
16 Lambert Dr most recently sold on Apr 17, 2024 for $167,500.
What is the current tax assessment for 16 Lambert Dr?
The most recent total assessment for 16 Lambert Dr (year 2025) is $44,210 with $2,931 in property tax.
How does 16 Lambert Dr's assessment compare to its last sale price?
The current assessment is 73.6% below the last sale price of $167,500.
When was 16 Lambert Dr built?
16 Lambert Dr was built in 1960.
How does 16 Lambert Dr compare to others on Lambert Dr?
We track 8 other properties on Lambert Dr. Browse the list under "Other properties on Lambert Dr" to compare beds, baths, and sale history.
What are the property facts for 16 Lambert Dr?
16 Lambert Dr is a 3 bed, 2 bath, 1,432 sqft, 14,810 sqft lot single_family.
Is 16 Lambert Dr a flip candidate?
No — 16 Lambert Dr does not appear in our flips dataset.
Is 16 Lambert Dr a tax-appeal candidate?
No — 16 Lambert 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
+3.0%
Implied 1-yr
+12.2%
2026 Q3
$185.6K
2026 Q4
$185.6K
ZIP 62863 — Median Price History + Forecast

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