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Single Family ResidenceResidential
$293,286$218 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $269,000 on Jul 10, 2020

7040 16TH ST

BERWYN, IL 60402
3
Beds
2 / 1
Baths
1,344 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3,750 ft²
Lot SizeThe size of the land the home sits on, from county records.
1946
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$293K
$260K low$327K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$269,000 · Jul 10, 2020

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$7,861 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$25,000 (2024)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$5,625
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$19,375
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$25,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$250,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
70
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
67
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Old Style
CountyCook
Lot (acres)The size of the land the home sits on, from county records.0.09
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Jefferson Elementary SchoolA-
Elementary · Grades PK–5 · 0.1 mi
H
J Sterling Morton West High SchoolB-
High · Grades 9–12 · 0.8 mi
M
Lincoln Middle SchoolB
Middle · Grades 6–8 · 0.8 mi

District: Berwyn North School District 98

Neighborhood · ZIP 60402These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.71
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.126
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.46

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.61,929
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.10,926 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$71,302
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,731
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7040 16th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Has a smaller lot than 76% of homes in Berwyn 60402
  • Older than 68% of homes in Cook County

What homes are worth in Berwyn 60402

Each bar is how many homes fall in that price range. The marker is this home.

This home
$130K$486K

This home is worth more than 49% of homes in Berwyn 60402.

How it measures up in Berwyn 60402

The dot is this home. The mark in the middle is the typical home in Berwyn 60402.

Estimated value$293,286
CheaperTypical $294,521Pricier

Pricier than 49% of homes nearby

Price per ft²$218
CheaperTypical $234Pricier

Pricier than 36% of homes nearby

Living area1,344 ft²
SmallerTypical 1,360 ft²Bigger

Bigger than 49% of homes nearby

Lot size3,750 ft²
SmallerTypical 4,138 ft²Bigger

Bigger than 24% of homes nearby

Year built1946
OlderTypical 1927Newer

Newer than 66% of homes nearby

How 7040 16th St ranks against every home in each area.
MeasureThis homeBerwyn 60402Cook County
Estimated valuepricier than$293,28649% of homes40% of homes
Price per ft²pricier than$21836% of homes38% of homes
Living areabigger than1,344 ft²49% of homes43% of homes
Lot sizebigger than3,750 ft²24% of homes24% of homes
Year builtnewer than194666% of homes32% of homes

About 7040 16th St

How much is 7040 16th St, Berwyn, IL worth?

The TopHap Estimate for 7040 16th St, Berwyn, IL is $293,286 as of Aug 30, 2026. The likely range is $259,955 to $326,617. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7040 16th St, Berwyn, IL last sell?

7040 16th St, Berwyn, IL last sold on Jul 10, 2020 for $269,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 7040 16th St, Berwyn, IL?

7040 16th St, Berwyn, IL has 3 bedrooms, 2 bathrooms, 1,344 square feet of living space and a 0.09-acre lot.

When was 7040 16th St, Berwyn, IL built?

7040 16th St, Berwyn, IL was built in 1946, making it 80 years old. It is a old style home. The building has 2 stories.

What schools serve 7040 16th St, Berwyn, IL?

7040 16th St, Berwyn, IL is assigned to Jefferson Elementary School (elementary), rated A-; J Sterling Morton West High School (high), rated B-; Lincoln Middle School (middle), rated B. All sit in Berwyn North School District 98. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7040 16th St, Berwyn, IL compare to other homes in Berwyn 60402?

Among the 16,193 homes in Berwyn 60402, it is worth more than 49% of them ($293,286 against a typical $294,521), its price per square foot is higher than 36% of them ($218 against a typical $234), it is bigger than 49% of them (1,344 ft² against a typical 1,360 ft²), its lot is bigger than 24% of them (3,750 ft² against a typical 4,138 ft²) and it is newer than 66% of them (1946 against a typical 1927). Measured against all of Cook County, it is worth more than 40% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7040 16th St, Berwyn, IL?

The 2023 property tax bill for 7040 16th St, Berwyn, IL was $7,861. The county assessed it at $25,000.

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