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5053 Meadow Lake Dr

Richton Park, IL 60471

5 bd 3 ba 3,354 sqft Built 1997 Lot 7,500 sqft single_family
Most recent sale
$421,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2022 Sold $421,000 MLS #11401590
Jun 28, 2022 Price changed $425,000 MLS #11401590
May 12, 2022 Listed $410,000 MLS #11401590
May 15, 1998 Sold $263,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $26,832 $7,582 $34,414 $13,011
2022 $14,821 $6,634 $21,455 $8,618
2021 $14,821 $6,634 $21,455 $8,618
2020 $14,821 $6,634 $21,455 $8,584
2019 $14,673 $6,002 $20,675 $8,056
2018 $14,673 $6,002 $20,675 $7,932
2017 $14,673 $6,002 $20,675 $7,822
2016 $17,441 $1,946 $19,387 $8,079
2015 $18,919 $1,946 $20,865 $8,569
2014 $18,919 $1,946 $20,865 $8,501
2013 $20,124 $5,370 $25,494 $10,033
2012 $20,124 $5,370 $25,494 $9,631
2011 $20,124 $5,370 $25,494 $9,230
2010 $21,566 $5,370 $26,936 $8,933
2009 $22,136 $5,370 $27,506 $8,808
2008 $25,125 $8,593 $33,718 $8,319
2007 $25,393 $7,076 $32,469 $8,024
2006 $28,108 $7,076 $35,184 $7,749

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,354 sqft
Lot size
7,500 sqft
ZIP code
60471
City
Richton Park
Street
Meadow Lake Dr
Coordinates
41.48941, -87.74066

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,526
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5053 Meadow Lake Dr last sell?
5053 Meadow Lake Dr most recently sold on Jul 26, 2022 for $421,000.
What is the current tax assessment for 5053 Meadow Lake Dr?
The most recent total assessment for 5053 Meadow Lake Dr (year 2023) is $34,414 with $13,011 in property tax.
How does 5053 Meadow Lake Dr's assessment compare to its last sale price?
The current assessment is 91.8% below the last sale price of $421,000.
When was 5053 Meadow Lake Dr built?
5053 Meadow Lake Dr was built in 1997.
How does 5053 Meadow Lake Dr compare to others on Meadow Lake Dr?
We track 8 other properties on Meadow Lake Dr. Browse the list under "Other properties on Meadow Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 5053 Meadow Lake Dr?
5053 Meadow Lake Dr is a 5 bed, 3 bath, 3,354 sqft, 7,500 sqft lot single_family.
Is 5053 Meadow Lake Dr a flip candidate?
No — 5053 Meadow Lake Dr does not appear in our flips dataset.
Is 5053 Meadow Lake Dr a tax-appeal candidate?
No — 5053 Meadow Lake Dr 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
-1.7%
Implied 1-yr
-6.6%
2026 Q3
$175.8K
2026 Q4
$172.5K
ZIP 60471 — Median Price History + Forecast

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