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16W540 Lake Dr

Willowbrook, IL 60527

2 bd 1 ba 920 sqft Built 1970 condos
Most recent sale
$150,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $150,000 MLS #11335105
Mar 1, 2022 Listed $135,000 MLS #11335105
Oct 29, 1998 Sold $59,500 Public Record
Aug 19, 1996 Sold $64,000 Public Record
Nov 12, 1992 Sold $48,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $32,786 $10,704 $43,490 $1,714
2022 $24,090 $7,860 $31,950 $1,288
2021 $23,820 $7,770 $31,590 $1,234
2020 $23,350 $7,620 $30,970 $1,214
2019 $22,400 $7,310 $29,710 $1,158
2018 $17,920 $5,850 $23,770 $838
2017 $17,240 $5,630 $22,870 $820
2016 $16,450 $5,370 $21,820 $788
2015 $15,480 $5,050 $20,530 $760
2014 $15,050 $4,910 $19,960 $744
2013 $14,980 $4,890 $19,870 $724
2012 $15,650 $5,110 $20,760 $728
2011 $24,880 $8,120 $33,000 $1,192
2010 $30,130 $9,850 $39,980 $1,374
2009 $31,980 $10,450 $42,430 $1,344
2008 $31,980 $10,450 $42,430 $1,346
2007 $30,200 $9,870 $40,070 $1,298
2006 $26,890 $8,790 $35,680 $1,167

Property facts

Year built
1970
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
920 sqft
Lot size
ZIP code
60527
City
Willowbrook
Street
Lake Dr
Coordinates
41.74249, -87.94804

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,656
Gross rental yield
13.25%
Implied cap rate
8.61%
Trend-extrapolated value

Frequently asked questions

When did 16W540 Lake Dr last sell?
16W540 Lake Dr most recently sold on Apr 29, 2022 for $150,000.
What is the current tax assessment for 16W540 Lake Dr?
The most recent total assessment for 16W540 Lake Dr (year 2024) is $43,490 with $1,714 in property tax.
How does 16W540 Lake Dr's assessment compare to its last sale price?
The current assessment is 71.0% below the last sale price of $150,000.
When was 16W540 Lake Dr built?
16W540 Lake Dr was built in 1970.
How does 16W540 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 16W540 Lake Dr?
16W540 Lake Dr is a 2 bed, 1 bath, 920 sqft condos.
Is 16W540 Lake Dr a flip candidate?
No — 16W540 Lake Dr does not appear in our flips dataset.
Is 16W540 Lake Dr a tax-appeal candidate?
No — 16W540 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
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$801.5K
2026 Q4
$812.4K
ZIP 60527 — Median Price History + Forecast

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