16208 Lorel Ave
Oak Forest, IL 60452
3 bd 1 ba 1,154 sqft Built 1967 Lot 13,200 sqft single_family
Most recent sale
$196,000
May 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 24, 2022 | Sold | $196,000 | MLS #11364743 |
| Apr 4, 2022 | Listing removed | $209,900 | MRED |
| Apr 4, 2022 | Listed | $209,900 | MLS #11364743 |
| Mar 31, 2022 | Price changed | $209,900 | MLS #11322052 |
| Feb 10, 2022 | Listed | $219,900 | MLS #11322052 |
| Oct 26, 2020 | Sold | $160,000 | Public Record |
| Sep 24, 2020 | Sold | $159,900 | MLS #10668073 |
| Jul 9, 2020 | Relisted | $159,900 | MLS #464448 |
| Jun 5, 2020 | Relisted | $159,900 | MLS #10668073 |
| Jun 3, 2020 | Listing removed | $159,900 | MRED |
| Apr 23, 2020 | Relisted | $159,900 | MLS #464448 |
| Mar 16, 2020 | Relisted | $159,900 | MLS #464448 |
| Mar 15, 2020 | Listed | $159,900 | MLS #10668073 |
| Mar 15, 2020 | Listing removed | $159,900 | MRED |
| Mar 11, 2020 | Listing removed | $164,900 | MRED |
| Oct 15, 2019 | Listed | $159,900 | MLS #464448 |
| Jul 29, 2019 | Listing removed | $179,900 | MRED |
| Jun 26, 2019 | Listed | $179,900 | MLS #10430907 |
| Jun 26, 2019 | Listing removed | $189,900 | MRED |
| Jun 16, 2019 | Listed | $189,900 | MLS #10418624 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $13,060 | $5,940 | $19,000 | $5,672 |
| 2022 | $12,753 | $5,280 | $18,033 | $8,400 |
| 2021 | $12,753 | $5,280 | $18,033 | $8,193 |
| 2020 | $12,753 | $5,280 | $18,033 | $7,899 |
| 2019 | $13,722 | $4,950 | $18,672 | $1,146 |
| 2018 | $13,722 | $4,950 | $18,672 | $1,123 |
| 2017 | $13,722 | $4,950 | $18,672 | $1,197 |
| 2016 | $11,822 | $4,620 | $16,442 | $2,177 |
| 2015 | $11,822 | $4,620 | $16,442 | $2,222 |
| 2014 | $11,822 | $4,620 | $16,442 | $2,122 |
| 2013 | $15,096 | $4,620 | $19,716 | $1,935 |
| 2012 | $15,096 | $4,620 | $19,716 | $1,757 |
| 2011 | $15,096 | $4,620 | $19,716 | $1,789 |
| 2010 | $18,367 | $4,620 | $22,987 | $1,504 |
| 2009 | $18,367 | $4,620 | $22,987 | $1,480 |
| 2008 | $16,804 | $7,392 | $24,196 | $1,542 |
| 2007 | $15,070 | $6,336 | $21,406 | $1,711 |
| 2006 | $15,070 | $6,336 | $21,406 | $1,766 |
Property facts
Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,154 sqft
Lot size
13,200 sqft
ZIP code
60452
City
Oak Forest
Street
Lorel Ave
Coordinates
41.59681, -87.75007
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,077
Gross rental yield
12.72%
Implied cap rate
8.27%
Trend-extrapolated value
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Frequently asked questions
When did 16208 Lorel Ave last sell?
16208 Lorel Ave most recently sold on May 24, 2022 for $196,000.
What is the current tax assessment for 16208 Lorel Ave?
The most recent total assessment for 16208 Lorel Ave (year 2023) is $19,000 with $5,672 in property tax.
How does 16208 Lorel Ave's assessment compare to its last sale price?
The current assessment is 90.3% below the last sale price of $196,000.
When was 16208 Lorel Ave built?
16208 Lorel Ave was built in 1967.
How does 16208 Lorel Ave compare to others on Lorel Ave?
We track 8 other properties on Lorel Ave. Browse the list under "Other properties on Lorel Ave" to compare beds, baths, and sale history.
What are the property facts for 16208 Lorel Ave?
16208 Lorel Ave is a 3 bed, 1 bath, 1,154 sqft, 13,200 sqft lot single_family.
Is 16208 Lorel Ave a flip candidate?
Yes — 16208 Lorel Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 16208 Lorel Ave a tax-appeal candidate?
No — 16208 Lorel Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.2%
Implied 1-yr
-12.9%
2026 Q3
$210.9K
2026 Q4
$202.3K
ZIP 60452 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lorel Ave