7 Madison Ave
Altamont, IL 62411
2 bd 1 ba 1,120 sqft Built 1920 Lot 12,197 sqft single_family
Most recent sale
$44,000
Jan 25, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 19, 2024 | Price changed | $83,000 | MRED |
| Aug 1, 2024 | Price changed | $88,000 | MRED |
| Jul 1, 2024 | Listed | $95,000 | MRED |
| Jan 25, 2021 | Sold | $44,000 | MRED |
| Dec 30, 2020 | Listing removed | — | CentralIllinois |
| Dec 10, 2020 | Listed | $49,900 | CentralIllinois |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $13,480 | $5,080 | $18,560 | $860 |
| 2022 | $11,140 | $4,200 | $15,340 | $1,103 |
| 2021 | $11,140 | $4,200 | $15,340 | $1,067 |
| 2020 | $19,760 | $4,170 | $23,930 | $1,233 |
| 2019 | $19,000 | $4,010 | $23,010 | $1,173 |
| 2018 | $18,270 | $3,860 | $22,130 | $1,139 |
| 2017 | $17,650 | $3,730 | $21,380 | $1,088 |
| 2016 | $17,300 | $3,660 | $20,960 | $1,070 |
| 2015 | $16,320 | $3,450 | $19,770 | $1,023 |
| 2014 | $16,000 | $3,380 | $19,380 | $932 |
| 2013 | $16,000 | $3,380 | $19,380 | $918 |
| 2012 | $16,000 | $3,380 | $19,380 | $926 |
| 2010 | $15,380 | $3,250 | $18,630 | $843 |
| 2009 | $15,230 | $3,220 | $18,450 | $824 |
| 2008 | $14,500 | $3,070 | $17,570 | $795 |
| 2007 | $14,220 | $3,010 | $17,230 | $784 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,120 sqft
Lot size
12,197 sqft
ZIP code
62411
City
Altamont
Street
Madison Ave
Coordinates
39.06346, -88.74707
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$264
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Madison Ave last sell?
7 Madison Ave most recently sold on Jan 25, 2021 for $44,000.
What is the current tax assessment for 7 Madison Ave?
The most recent total assessment for 7 Madison Ave (year 2024) is $18,560 with $860 in property tax.
How does 7 Madison Ave's assessment compare to its last sale price?
The current assessment is 57.8% below the last sale price of $44,000.
When was 7 Madison Ave built?
7 Madison Ave was built in 1920.
How does 7 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 7 Madison Ave?
7 Madison Ave is a 2 bed, 1 bath, 1,120 sqft, 12,197 sqft lot single_family.
Is 7 Madison Ave a flip candidate?
No — 7 Madison Ave does not appear in our flips dataset.
Is 7 Madison Ave a tax-appeal candidate?
No — 7 Madison 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
+10.2%
Implied 1-yr
+40.9%
2025 Q3
$336.9K
2025 Q4
$357.6K
ZIP 62411 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Ave