516 Lakewood Blvd
Park Forest, IL 60466
3 bd 2 ba 1,530 sqft Built 1955 Lot 7,687 sqft single_family
Most recent sale
$173,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2022 | Sold | $173,000 | MLS #11320932 |
| Feb 9, 2022 | Listed | $150,000 | MLS #11320932 |
| Jun 15, 2016 | Sold | $18,000 | MLS #09236948 |
| May 25, 2016 | Listed | $25,000 | MLS #09236948 |
| May 24, 2016 | Listing removed | $28,500 | MRED |
| May 9, 2016 | Listing removed | $32,000 | MRED |
| May 9, 2016 | Listed | $28,500 | MLS #09219718 |
| Apr 25, 2016 | Listed | $32,000 | MLS #09204911 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $12,309 | $2,690 | $14,999 | $8,552 |
| 2022 | $3,794 | $2,498 | $6,292 | $8,460 |
| 2021 | $3,794 | $2,498 | $6,292 | $8,302 |
| 2020 | $3,794 | $2,498 | $6,292 | $7,569 |
| 2019 | $5,180 | $2,306 | $7,486 | $8,148 |
| 2018 | $5,180 | $2,306 | $7,486 | $7,853 |
| 2017 | $5,180 | $2,306 | $7,486 | $7,804 |
| 2016 | $5,008 | $2,113 | $7,121 | $7,080 |
| 2015 | $5,008 | $2,113 | $7,121 | $6,918 |
| 2014 | $5,008 | $2,113 | $7,121 | $6,715 |
| 2013 | $5,823 | $2,113 | $7,936 | $6,705 |
| 2012 | $5,823 | $2,113 | $7,936 | $6,409 |
| 2011 | $5,823 | $2,113 | $7,936 | $5,874 |
| 2010 | $8,350 | $2,113 | $10,463 | $6,167 |
| 2009 | $8,350 | $2,113 | $10,463 | $3,642 |
| 2008 | $7,632 | $3,382 | $11,014 | $3,321 |
| 2007 | $6,989 | $3,074 | $10,063 | $3,237 |
| 2006 | $6,989 | $3,074 | $10,063 | $3,094 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,530 sqft
Lot size
7,687 sqft
ZIP code
60466
City
Park Forest
Street
Lakewood Blvd
Coordinates
41.48473, -87.69552
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,038
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Lakewood Blvd last sell?
516 Lakewood Blvd most recently sold on Apr 29, 2022 for $173,000.
What is the current tax assessment for 516 Lakewood Blvd?
The most recent total assessment for 516 Lakewood Blvd (year 2023) is $14,999 with $8,552 in property tax.
How does 516 Lakewood Blvd's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $173,000.
When was 516 Lakewood Blvd built?
516 Lakewood Blvd was built in 1955.
How does 516 Lakewood Blvd compare to others on Lakewood Blvd?
We track 8 other properties on Lakewood Blvd. Browse the list under "Other properties on Lakewood Blvd" to compare beds, baths, and sale history.
What are the property facts for 516 Lakewood Blvd?
516 Lakewood Blvd is a 3 bed, 2 bath, 1,530 sqft, 7,687 sqft lot single_family.
Is 516 Lakewood Blvd a flip candidate?
No — 516 Lakewood Blvd does not appear in our flips dataset.
Is 516 Lakewood Blvd a tax-appeal candidate?
No — 516 Lakewood Blvd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.6%
2026 Q3
$161.4K
2026 Q4
$161.6K
ZIP 60466 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lakewood Blvd