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6516 Cedar Rd

Oak Forest, IL 60452

3 bd 2 ba 1,175 sqft Built 1967 Lot 6,600 sqft single_family
Most recent sale
$245,000
May 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2022 Listing removed $289,900 MRED
Apr 5, 2022 Price changed $289,900 MLS #11353150
Mar 29, 2022 Listing removed $319,900 MRED
Mar 21, 2022 Listing removed $304,900 MRED
Mar 21, 2022 Listed $299,500 MLS #11353150
Mar 10, 2022 Listed $304,900 MLS #11344076
May 7, 2021 Sold $245,000 Public Record
Mar 8, 2021 Sold $245,000 MLS #10987131
Feb 4, 2021 Listed $230,000 MLS #10987131
Nov 4, 2016 Listing removed $1,775 MRED
Oct 17, 2016 Listed for rent $1,775 MRED
Aug 1, 2016 Listing removed $1,800 MRED
Jun 29, 2016 Listed for rent $1,800 MRED
Jun 2, 2015 Listing removed $229,900 MRED
May 3, 2015 Listed $229,900 MLS #08910331
Mar 4, 2014 Sold $155,000 Public Record
Nov 20, 2013 Listing removed $163,000 MRED
Oct 29, 2013 Price changed $163,000 MLS #08435747
Sep 4, 2013 Listed $179,000 MLS #08435747
Jun 11, 2013 Listing removed $189,000 MRED
Apr 8, 2013 Price changed $189,000 MLS #08175371
Mar 7, 2013 Price changed $189,900 MLS #08175371
Oct 8, 2012 Listed $192,500 MLS #08175371
Sep 25, 2012 Listing removed $199,800 MRED
May 24, 2012 Listed $199,800 MLS #08071076

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $22,205 $3,795 $26,000 $8,178
2022 $14,582 $3,300 $17,882 $7,053
2021 $14,582 $3,300 $17,882 $6,881
2020 $14,582 $3,300 $17,882 $6,829
2019 $11,468 $2,970 $14,438 $5,623
2018 $12,530 $2,970 $15,500 $5,866
2017 $12,530 $2,970 $15,500 $5,665
2016 $11,045 $2,640 $13,685 $5,239
2015 $11,045 $2,640 $13,685 $5,132
2014 $11,045 $2,640 $13,685 $4,991
2013 $15,447 $2,640 $18,087 $5,993
2012 $15,447 $2,640 $18,087 $5,772
2011 $15,447 $2,640 $18,087 $5,470
2010 $18,893 $2,640 $21,533 $6,009
2009 $18,893 $2,640 $21,533 $5,985
2008 $18,442 $4,224 $22,666 $3,737
2007 $15,527 $3,696 $19,223 $1,587
2006 $15,527 $3,696 $19,223 $1,640

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,175 sqft
Lot size
6,600 sqft
ZIP code
60452
City
Oak Forest
Street
Cedar Rd
Coordinates
41.61611, -87.77931

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,115
Gross rental yield
10.36%
Implied cap rate
6.73%
Trend-extrapolated value

Frequently asked questions

When did 6516 Cedar Rd last sell?
6516 Cedar Rd most recently sold on May 7, 2021 for $245,000.
What is the current tax assessment for 6516 Cedar Rd?
The most recent total assessment for 6516 Cedar Rd (year 2023) is $26,000 with $8,178 in property tax.
How does 6516 Cedar Rd's assessment compare to its last sale price?
The current assessment is 89.4% below the last sale price of $245,000.
When was 6516 Cedar Rd built?
6516 Cedar Rd was built in 1967.
How does 6516 Cedar Rd compare to others on Cedar Rd?
We track 5 other properties on Cedar Rd. Browse the list under "Other properties on Cedar Rd" to compare beds, baths, and sale history.
What are the property facts for 6516 Cedar Rd?
6516 Cedar Rd is a 3 bed, 2 bath, 1,175 sqft, 6,600 sqft lot single_family.
Is 6516 Cedar Rd a flip candidate?
No — 6516 Cedar Rd does not appear in our flips dataset.
Is 6516 Cedar Rd a tax-appeal candidate?
No — 6516 Cedar 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
-3.2%
Implied 1-yr
-12.9%
2026 Q3
$210.9K
2026 Q4
$202.3K
ZIP 60452 — Median Price History + Forecast

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