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516 Lowell Dr

South Elgin, IL 60177

2 bd 1 ba 1,059 sqft Built 1994 condos
Most recent sale
$135,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 12, 2023 Sold $182,900 MRED
Sep 29, 2022 Price changed $182,900 MLS #11636397
Sep 28, 2022 Sold $135,000 Public Record
Sep 23, 2022 Listed $184,900 MLS #11636397
May 5, 2000 Sold $99,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,084 $17,285 $57,369 $3,651
2024 $40,084 $17,285 $57,369 $3,538
2023 $36,920 $15,921 $52,841 $3,333
2022 $30,413 $13,115 $43,528 $3,745
2021 $28,434 $12,262 $40,696 $3,544
2020 $25,852 $11,706 $37,558 $3,335
2019 $24,626 $11,151 $35,777 $3,224
2018 $23,199 $10,505 $33,704 $3,177
2017 $21,931 $9,931 $31,862 $3,034
2016 $20,346 $9,213 $29,559 $2,910
2015 $18,649 $8,445 $27,094 $2,896
2014 $16,898 $8,341 $25,239 $2,982
2013 $17,344 $8,561 $25,905 $2,471
2012 $21,146 $9,247 $30,393 $2,945
2011 $28,873 $10,351 $39,224 $3,333
2009 $37,270 $12,282 $49,552 $3,445
2008 $37,270 $12,282 $49,552 $3,217
2007 $36,072 $11,887 $47,959 $3,182
2006 $34,621 $11,409 $46,030 $3,229

Property facts

Year built
1994
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
1,059 sqft
Lot size
ZIP code
60177
City
South Elgin
Street
Lowell Dr
Coordinates
41.99905, -88.32026

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Lowell Dr last sell?
516 Lowell Dr most recently sold on Sep 28, 2022 for $135,000.
What is the current tax assessment for 516 Lowell Dr?
The most recent total assessment for 516 Lowell Dr (year 2025) is $57,369 with $3,651 in property tax.
How does 516 Lowell Dr's assessment compare to its last sale price?
The current assessment is 57.5% below the last sale price of $135,000.
When was 516 Lowell Dr built?
516 Lowell Dr was built in 1994.
How does 516 Lowell Dr compare to others on Lowell Dr?
We track 8 other properties on Lowell Dr. Browse the list under "Other properties on Lowell Dr" to compare beds, baths, and sale history.
What are the property facts for 516 Lowell Dr?
516 Lowell Dr is a 2 bed, 1 bath, 1,059 sqft condos.
Is 516 Lowell Dr a flip candidate?
Yes — 516 Lowell Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 516 Lowell Dr a tax-appeal candidate?
No — 516 Lowell 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
-11.4%
Implied 1-yr
-45.7%
2026 Q3
$258.5K
2026 Q4
$258.5K
ZIP 60177 — Median Price History + Forecast

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