506 Raven Rd
Shorewood, IL 60404
4 bd 3 ba 2,120 sqft Built 1987 Lot 12,000 sqft single_family
Most recent sale
$329,500
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2025 | Sold | $415,000 | Public Record |
| Jun 27, 2025 | Listed | $424,900 | MRED |
| Aug 12, 2022 | Sold | $329,500 | MLS #11442742 |
| Jun 22, 2022 | Listed | $324,900 | MLS #11442742 |
| Aug 11, 2008 | Listing removed | $234,900 | MRED |
| Apr 3, 2008 | Listed | $234,900 | MLS #06850045 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $92,268 | $19,226 | $111,494 | $8,578 |
| 2022 | $74,004 | $16,346 | $90,350 | $7,364 |
| 2021 | $69,618 | $15,377 | $84,995 | $6,828 |
| 2020 | $66,780 | $15,377 | $82,157 | $6,596 |
| 2019 | $64,058 | $14,750 | $78,808 | $6,393 |
| 2018 | $63,158 | $14,750 | $77,908 | $6,490 |
| 2017 | $60,050 | $14,750 | $74,800 | $6,368 |
| 2016 | $56,400 | $14,750 | $71,150 | $6,246 |
| 2015 | $54,950 | $13,348 | $68,298 | $6,066 |
| 2014 | $52,298 | $13,348 | $65,646 | $5,871 |
| 2013 | $52,298 | $13,348 | $65,646 | $5,644 |
| 2012 | $53,678 | $15,612 | $69,290 | $5,567 |
| 2011 | $57,104 | $16,608 | $73,712 | $5,353 |
| 2010 | $61,259 | $19,274 | $80,533 | $5,631 |
| 2009 | $62,669 | $19,718 | $82,387 | $5,554 |
| 2008 | $62,669 | $19,718 | $82,387 | $5,530 |
| 2007 | $61,326 | $19,295 | $80,621 | $5,472 |
| 2006 | $58,057 | $14,292 | $72,349 | $4,995 |
Property facts
Year built
1987
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,120 sqft
Lot size
12,000 sqft
ZIP code
60404
City
Shorewood
Street
Raven Rd
Coordinates
41.51730, -88.20686
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,816
Gross rental yield
13.90%
Implied cap rate
9.03%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Raven Rd last sell?
506 Raven Rd most recently sold on Aug 12, 2022 for $329,500.
What is the current tax assessment for 506 Raven Rd?
The most recent total assessment for 506 Raven Rd (year 2024) is $111,494 with $8,578 in property tax.
How does 506 Raven Rd's assessment compare to its last sale price?
The current assessment is 66.2% below the last sale price of $329,500.
When was 506 Raven Rd built?
506 Raven Rd was built in 1987.
How does 506 Raven Rd compare to others on Raven Rd?
We track 8 other properties on Raven Rd. Browse the list under "Other properties on Raven Rd" to compare beds, baths, and sale history.
What are the property facts for 506 Raven Rd?
506 Raven Rd is a 4 bed, 3 bath, 2,120 sqft, 12,000 sqft lot single_family.
Is 506 Raven Rd a flip candidate?
No — 506 Raven Rd does not appear in our flips dataset.
Is 506 Raven Rd a tax-appeal candidate?
No — 506 Raven Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.6%
Implied 1-yr
-2.5%
2026 Q3
$392.4K
2026 Q4
$389.9K
ZIP 60404 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Raven Rd