5.5 beautiful acres w/ a stocked pond in the country between two major interstates: I55 & I57. 4BR, 3 baths. Great Place for horses with lean too and electric fence. Beautiful home throughout. Kitchen w/ breakfast bar large enough for 8 people. DR. LR w/ gas fire. 1/2, unfinished basement. Absolutely wonderful great room w/ bar, gas FP, and built in refrigerator above the 3.5 car garage. Sitting area on second floor. Open stairway. 6 panel doors and hickory cabinets throughout. Closet space and cabinets in this house are phenomenal. Wrap around porch from the back of the garage to the front of the garage. New dishwasher in 2014, 100 trees added in 2012. Lovely view from every direction.
Single-familyProperty Type
2003Year Built
5.5 acresLot Size
$113Est. Price/Sq.Ft.
3 spacesParking
Listed by LCBR Conversion Agent• CLASSIC APPRAISALS
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Market trends in 60929, IL
Last updated August 2026
Sale-to-List Price
86.0%
+1.4% MoM
Median sale price
$107K
$59K MoM
Avg. days on market
66d
48 days MoM
Recently sold homes
2
0 MoM
Provided by Redfin
Sale history for 16550 N 3500 Rd E
Date
Event
Price
MRED as Distributed by MLS Grid #10287121
Feb 21, 2019
Listing Removed
—
May 27, 2008
Listed
*
MRED as Distributed by MLS Grid #10284475
Sep 11, 2015
Sold (MLS)
$250,000
$64/sq ft
Feb 9, 2015
Listed
$259,900
$66/sq ft
MRED as Distributed by MLS Grid #10287373
Sep 30, 2009
Sold (MLS)
$260,000
$66/sq ft
Dec 29, 2008
Listed
$268,750
$68/sq ft
Outstanding newer cutom-built home with 5.5 Acres ! Over 3,800 sq ft , 1st foor Master Bedroom , Large Kitchen with snack bar , 2 Gas Fireplaces , Basement , Huge 2nd floor Family Room , Oversized 3 car Garage , 2nd floor Loft , New Furnace , Wrap - around Porch , Nice size Pond in the rear yard , over 150 trees and bushes planted since 2003 when the home was built , 2 Wood Sheds Remain , Drilled Well is 85 ' deep , plenty of water Note : 2008 Real Estate Tax is based on a value of $310,000 , so taxes will go down !
Year
Property tax
Land + Additions
Assessment*
2023
$7,698 (+15.2%)
$13,346 + $86,991
$100,337
2022
$6,681 (+8.2%)
$13,346 + $73,503
$86,849
2021
$6,174 (+3.9%)
$13,346 + $73,503
$86,849
2020
$5,940 (+0.5%)
$12,133 + $66,821
$78,954
2019
$5,913 (−0.5%)
$11,666 + $64,251
$75,917
2018
$5,945 (+2.6%)
$11,666 + $64,251
$75,917
2017
$5,796 (−1.4%)
$12,520 + $62,024
$74,544
2016
$5,878 (−12.3%)
$12,038 + $59,483
$71,521
2015
$6,703 (−1.6%)
$12,038 + $59,483
$71,521
2014
$6,815 (+4.0%)
$13,758 + $69,496
$83,254
2013
$6,553
$14,134 + $71,395
$85,529
Tax history for 16550 N 3500 Rd E
Year
Property tax
Land + Additions
Assessment*
2023
$7,698 (+15.2%)
$13,346 + $86,991
$100,337
2022
$6,681 (+8.2%)
$13,346 + $73,503
$86,849
2021
$6,174 (+3.9%)
$13,346 + $73,503
$86,849
2020
$5,940 (+0.5%)
$12,133 + $66,821
$78,954
2019
$5,913 (−0.5%)
$11,666 + $64,251
$75,917
2018
$5,945 (+2.6%)
$11,666 + $64,251
$75,917
2017
$5,796 (−1.4%)
$12,520 + $62,024
$74,544
2016
$5,878 (−12.3%)
$12,038 + $59,483
$71,521
2015
$6,703 (−1.6%)
$12,038 + $59,483
$71,521
2014
$6,815 (+4.0%)
$13,758 + $69,496
$83,254
2013
$6,553
$14,134 + $71,395
$85,529
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.