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16540 Knottingwood Ave

Oak Forest, IL 60452

3 bd 3 ba 1,750 sqft Built 2004 Lot 2,010 sqft townhomes
Most recent sale
$230,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2023 Sold $257,000 MRED
Jul 28, 2023 Listed $249,977 MRED
Sep 12, 2022 Sold $230,000 MLS #11488755
Aug 11, 2022 Listed $230,000 MLS #11488755
Dec 17, 2018 Listing removed $189,900 MRED
Jun 30, 2018 Listing removed $189,900 MRED
Jun 26, 2018 Listing removed $1,795 MRED
Jun 8, 2018 Listed for rent $1,795 MRED
May 21, 2018 Price changed $189,900 MLS #09948285
May 12, 2018 Listed $194,400 MLS #09948285

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $22,913 $1,086 $23,999 $8,679
2022 $16,465 $2,271 $18,736 $7,134
2021 $16,465 $2,271 $18,736 $6,999
2020 $16,465 $2,271 $18,736 $6,848
2019 $15,927 $2,073 $18,000 $6,538
2018 $15,927 $2,073 $18,000 $6,392
2017 $15,927 $2,073 $18,000 $6,388
2016 $14,220 $1,777 $15,997 $6,126
2015 $14,220 $1,777 $15,997 $5,896
2014 $14,220 $1,777 $15,997 $5,773
2013 $14,998 $1,777 $16,775 $5,418
2012 $14,998 $1,777 $16,775 $5,233
2011 $16,700 $1,777 $18,477 $5,662
2010 $18,199 $1,777 $19,976 $5,834
2009 $18,199 $1,777 $19,976 $6,451

Property facts

Year built
2004
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,750 sqft
Lot size
2,010 sqft
ZIP code
60452
City
Oak Forest
Street
Knottingwood Ave
Coordinates
41.59070, -87.73486

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16540 Knottingwood Ave last sell?
16540 Knottingwood Ave most recently sold on Sep 12, 2022 for $230,000.
What is the current tax assessment for 16540 Knottingwood Ave?
The most recent total assessment for 16540 Knottingwood Ave (year 2023) is $23,999 with $8,679 in property tax.
How does 16540 Knottingwood Ave's assessment compare to its last sale price?
The current assessment is 89.6% below the last sale price of $230,000.
When was 16540 Knottingwood Ave built?
16540 Knottingwood Ave was built in 2004.
How does 16540 Knottingwood Ave compare to others on Knottingwood Ave?
We track 5 other properties on Knottingwood Ave. Browse the list under "Other properties on Knottingwood Ave" to compare beds, baths, and sale history.
What are the property facts for 16540 Knottingwood Ave?
16540 Knottingwood Ave is a 3 bed, 3 bath, 1,750 sqft, 2,010 sqft lot townhomes.
Is 16540 Knottingwood Ave a flip candidate?
No — 16540 Knottingwood Ave does not appear in our flips dataset.
Is 16540 Knottingwood Ave a tax-appeal candidate?
No — 16540 Knottingwood 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
-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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