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1507 Spencer Rd

New Lenox, IL 60451

4 bd 3 ba 2,160 sqft Built 1960 Lot 108,900 sqft single_family
Most recent sale
$505,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $505,000 MLS #11351485
Mar 19, 2022 Listed $469,900 MLS #11351485
Oct 2, 2006 Sold $422,000 Public Record
Aug 29, 1994 Sold $183,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $89,749 $43,327 $133,076 $9,786
2022 $75,369 $36,385 $111,754 $8,821
2021 $70,882 $34,219 $105,101 $8,374
2020 $68,353 $32,998 $101,351 $8,134
2019 $66,234 $31,975 $98,209 $7,779
2018 $63,951 $30,873 $94,824 $7,597
2017 $62,112 $29,985 $92,097 $7,210
2016 $60,450 $29,182 $89,632 $6,997
2015 $58,547 $28,263 $86,810 $6,887
2014 $57,824 $27,914 $85,738 $6,774
2013 $58,603 $28,290 $86,893 $6,727
2012 $62,014 $29,937 $91,951 $6,666
2011 $65,623 $31,679 $97,302 $6,616
2010 $69,077 $33,346 $102,423 $6,548
2009 $70,848 $34,201 $105,049 $6,397
2008 $70,848 $34,201 $105,049 $6,223
2007 $68,452 $33,044 $101,496 $5,943
2006 $62,229 $30,040 $92,269 $5,662

Property facts

Year built
1960
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,160 sqft
Lot size
108,900 sqft
ZIP code
60451
City
New Lenox
Street
Spencer Rd
Coordinates
41.48998, -87.94215

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
$3,888
Gross rental yield
9.24%
Implied cap rate
6.01%
Trend-extrapolated value

Frequently asked questions

When did 1507 Spencer Rd last sell?
1507 Spencer Rd most recently sold on Apr 27, 2022 for $505,000.
What is the current tax assessment for 1507 Spencer Rd?
The most recent total assessment for 1507 Spencer Rd (year 2024) is $133,076 with $9,786 in property tax.
How does 1507 Spencer Rd's assessment compare to its last sale price?
The current assessment is 73.6% below the last sale price of $505,000.
When was 1507 Spencer Rd built?
1507 Spencer Rd was built in 1960.
How does 1507 Spencer Rd compare to others on Spencer Rd?
We track 8 other properties on Spencer Rd. Browse the list under "Other properties on Spencer Rd" to compare beds, baths, and sale history.
What are the property facts for 1507 Spencer Rd?
1507 Spencer Rd is a 4 bed, 3 bath, 2,160 sqft, 108,900 sqft lot single_family.
Is 1507 Spencer Rd a flip candidate?
No — 1507 Spencer Rd does not appear in our flips dataset.
Is 1507 Spencer Rd a tax-appeal candidate?
No — 1507 Spencer Rd 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
+3.4%
Implied 1-yr
+13.6%
2026 Q3
$541.3K
2026 Q4
$556.4K
ZIP 60451 — Median Price History + Forecast

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