16016 Oak Ave
Oak Forest, IL 60452
2 bd 1 ba 875 sqft Built 1927 Lot 6,700 sqft single_family
Most recent sale
$198,000
Jan 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 21, 2022 | Sold | $198,000 | MLS #11262876 |
| Nov 19, 2021 | Price changed | $194,900 | MLS #11262876 |
| Nov 4, 2021 | Listed | $209,900 | MLS #11262876 |
| Feb 28, 2019 | Sold | $115,000 | MLS #10253488 |
| Jan 21, 2019 | Listed | $115,000 | MLS #10253488 |
| Apr 1, 1988 | Sold | $43,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $14,320 | $2,680 | $17,000 | $4,949 |
| 2022 | $8,368 | $2,345 | $10,713 | $4,990 |
| 2021 | $8,368 | $2,345 | $10,713 | $4,867 |
| 2020 | $8,368 | $2,345 | $10,713 | $4,692 |
| 2019 | $8,593 | $2,177 | $10,770 | $3,294 |
| 2018 | $9,664 | $2,177 | $11,841 | $3,387 |
| 2017 | $9,664 | $2,177 | $11,841 | $5,123 |
| 2016 | $8,259 | $1,842 | $10,101 | $3,127 |
| 2015 | $8,259 | $1,842 | $10,101 | $2,966 |
| 2014 | $8,259 | $1,842 | $10,101 | $2,134 |
| 2013 | $8,408 | $1,842 | $10,250 | $2,631 |
| 2012 | $8,408 | $1,842 | $10,250 | $2,580 |
| 2011 | $8,408 | $1,842 | $10,250 | $2,831 |
| 2010 | $11,418 | $1,842 | $13,260 | $3,320 |
| 2009 | $11,418 | $1,842 | $13,260 | $3,053 |
| 2008 | $11,009 | $2,948 | $13,957 | $2,879 |
| 2007 | $10,812 | $2,680 | $13,492 | $2,809 |
| 2006 | $10,812 | $2,680 | $13,492 | $2,711 |
Property facts
Year built
1927
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
875 sqft
Lot size
6,700 sqft
ZIP code
60452
City
Oak Forest
Street
Oak Ave
Coordinates
41.60040, -87.73797
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,575
Gross rental yield
9.55%
Implied cap rate
6.20%
Trend-extrapolated value
—
Frequently asked questions
When did 16016 Oak Ave last sell?
16016 Oak Ave most recently sold on Jan 21, 2022 for $198,000.
What is the current tax assessment for 16016 Oak Ave?
The most recent total assessment for 16016 Oak Ave (year 2023) is $17,000 with $4,949 in property tax.
How does 16016 Oak Ave's assessment compare to its last sale price?
The current assessment is 91.4% below the last sale price of $198,000.
When was 16016 Oak Ave built?
16016 Oak Ave was built in 1927.
How does 16016 Oak Ave compare to others on Oak Ave?
We track 8 other properties on Oak Ave. Browse the list under "Other properties on Oak Ave" to compare beds, baths, and sale history.
What are the property facts for 16016 Oak Ave?
16016 Oak Ave is a 2 bed, 1 bath, 875 sqft, 6,700 sqft lot single_family.
Is 16016 Oak Ave a flip candidate?
No — 16016 Oak Ave does not appear in our flips dataset.
Is 16016 Oak Ave a tax-appeal candidate?
No — 16016 Oak 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 Oak Ave