1516 Terrace Ave
Waukegan, IL 60085
3 bd 1 ba 952 sqft Built 1955 Lot 7,096 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $54,100 | $11,343 | $65,443 | $5,372 |
| 2024 | $54,100 | $11,343 | $65,443 | $5,287 |
| 2023 | $50,372 | $10,561 | $60,933 | $5,097 |
| 2022 | $27,885 | $7,347 | $35,232 | $3,444 |
| 2021 | $23,974 | $6,318 | $30,292 | $3,158 |
| 2019 | $20,466 | $5,394 | $25,860 | $3,219 |
| 2018 | $16,896 | $7,635 | $24,531 | $3,255 |
| 2017 | $14,948 | $6,755 | $21,703 | $2,250 |
| 2014 | $11,625 | $5,254 | $16,879 | $1,230 |
| 2013 | $13,154 | $5,112 | $18,266 | $1,372 |
| 2012 | $17,259 | $6,709 | $23,968 | $2,104 |
| 2011 | $21,574 | $8,386 | $29,960 | $2,523 |
| 2010 | $27,232 | $8,468 | $35,700 | $2,799 |
| 2009 | $28,809 | $13,093 | $41,902 | $2,962 |
| 2008 | $29,636 | $13,469 | $43,105 | $3,381 |
| 2007 | $28,436 | $12,924 | $41,360 | $3,109 |
| 2006 | $27,342 | $12,427 | $39,769 | $3,045 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
952 sqft
Lot size
7,096 sqft
ZIP code
60085
City
Waukegan
Street
Terrace Ave
Coordinates
42.38125, -87.83005
Comparable properties nearby
Frequently asked questions
When did 1516 Terrace Ave last sell?
No public-record sale is on file for 1516 Terrace Ave.
What is the current tax assessment for 1516 Terrace Ave?
The most recent total assessment for 1516 Terrace Ave (year 2025) is $65,443 with $5,372 in property tax.
When was 1516 Terrace Ave built?
1516 Terrace Ave was built in 1955.
How does 1516 Terrace Ave compare to others on Terrace Ave?
We track 4 other properties on Terrace Ave. Browse the list under "Other properties on Terrace Ave" to compare beds, baths, and sale history.
What are the property facts for 1516 Terrace Ave?
1516 Terrace Ave is a 3 bed, 1 bath, 952 sqft, 7,096 sqft lot single_family.
Is 1516 Terrace Ave a flip candidate?
No — 1516 Terrace Ave does not appear in our flips dataset.
Is 1516 Terrace Ave a tax-appeal candidate?
No — 1516 Terrace 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
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$238.8K
2026 Q4
$242.9K
ZIP 60085 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Ave