516 Corning Ave
Peotone, IL 60468
3 bd 2 ba 2,085 sqft Built 1990 Lot 12,197 sqft single_family
Most recent sale
$283,000
Nov 11, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 11, 2021 | Sold | $283,000 | MLS #11171560 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $83,868 | $20,615 | $104,483 | $5,418 |
| 2022 | $69,893 | $24,597 | $94,490 | $5,566 |
| 2021 | $64,590 | $22,731 | $87,321 | $5,293 |
| 2020 | $61,339 | $21,587 | $82,926 | $5,122 |
| 2019 | $61,339 | $21,587 | $82,926 | $5,350 |
| 2018 | $61,339 | $21,587 | $82,926 | $5,718 |
| 2017 | $59,726 | $21,019 | $80,745 | $5,582 |
| 2016 | $58,555 | $20,607 | $79,162 | $5,493 |
| 2015 | $56,630 | $19,929 | $76,559 | $5,491 |
| 2014 | $56,630 | $19,929 | $76,559 | $5,775 |
| 2013 | $57,035 | $20,072 | $77,107 | $5,667 |
| 2012 | $58,769 | $21,467 | $80,236 | $5,555 |
| 2011 | $63,755 | $23,288 | $87,043 | $5,485 |
| 2010 | $67,824 | $24,774 | $92,598 | $5,547 |
| 2009 | $69,922 | $25,540 | $95,462 | $5,491 |
| 2008 | $69,922 | $25,540 | $95,462 | $5,432 |
| 2007 | $68,090 | $24,871 | $92,961 | $5,226 |
| 2006 | $60,547 | $18,863 | $79,410 | $4,627 |
Property facts
Year built
1990
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,085 sqft
Lot size
12,197 sqft
ZIP code
60468
City
Peotone
Street
Corning Ave
Coordinates
41.33174, -87.79967
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,698
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Corning Ave last sell?
516 Corning Ave most recently sold on Nov 11, 2021 for $283,000.
What is the current tax assessment for 516 Corning Ave?
The most recent total assessment for 516 Corning Ave (year 2024) is $104,483 with $5,418 in property tax.
How does 516 Corning Ave's assessment compare to its last sale price?
The current assessment is 63.1% below the last sale price of $283,000.
When was 516 Corning Ave built?
516 Corning Ave was built in 1990.
How does 516 Corning Ave compare to others on Corning Ave?
We track 8 other properties on Corning Ave. Browse the list under "Other properties on Corning Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Corning Ave?
516 Corning Ave is a 3 bed, 2 bath, 2,085 sqft, 12,197 sqft lot single_family.
Is 516 Corning Ave a flip candidate?
No — 516 Corning Ave does not appear in our flips dataset.
Is 516 Corning Ave a tax-appeal candidate?
No — 516 Corning 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
-3.5%
Implied 1-yr
-13.9%
2026 Q2
$313.1K
2026 Q3
$299.1K
ZIP 60468 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Corning Ave