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7008 US Highway 40

Altamont, IL 62411

2 bd 1 ba 725 sqft Built 1900 Lot 21,780 sqft single_family
Most recent sale
$90,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $90,000 MRED
Apr 3, 2024 Listing removed CentralIllinois
Mar 15, 2024 Listed $89,900 MRED
Aug 5, 2011 Listing removed $49,900 CentralIllinois
Apr 1, 2010 Sold $40,000 MRED
Mar 2, 2010 Listed $49,900 CentralIllinois

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $20,280 $2,270 $22,550 $992
2022 $9,800 $1,870 $11,670 $362
2021 $9,800 $1,870 $11,670 $344
2020 $9,740 $1,860 $11,600 $339
2019 $9,370 $1,790 $11,160 $314
2018 $9,010 $1,720 $10,730 $295
2017 $8,710 $1,660 $10,370 $276
2016 $8,540 $1,630 $10,170 $267
2015 $8,060 $1,540 $9,600 $240
2014 $7,900 $1,510 $9,410 $215
2013 $7,900 $1,510 $9,410 $212
2012 $7,900 $1,510 $9,410 $216
2010 $7,600 $1,450 $9,050 $549
2009 $7,520 $1,440 $8,960 $177
2008 $7,160 $1,370 $8,530 $517
2007 $7,020 $1,340 $8,360 $492

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
725 sqft
Lot size
21,780 sqft
ZIP code
62411
City
Altamont
Street
US Highway 40
Coordinates
39.07925, -88.67111

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7008 US Highway 40 last sell?
7008 US Highway 40 most recently sold on Apr 15, 2024 for $90,000.
What is the current tax assessment for 7008 US Highway 40?
The most recent total assessment for 7008 US Highway 40 (year 2024) is $22,550 with $992 in property tax.
How does 7008 US Highway 40's assessment compare to its last sale price?
The current assessment is 74.9% below the last sale price of $90,000.
When was 7008 US Highway 40 built?
7008 US Highway 40 was built in 1900.
How does 7008 US Highway 40 compare to others on US Highway 40?
We track 8 other properties on US Highway 40. Browse the list under "Other properties on US Highway 40" to compare beds, baths, and sale history.
What are the property facts for 7008 US Highway 40?
7008 US Highway 40 is a 2 bed, 1 bath, 725 sqft, 21,780 sqft lot single_family.
Is 7008 US Highway 40 a flip candidate?
No — 7008 US Highway 40 does not appear in our flips dataset.
Is 7008 US Highway 40 a tax-appeal candidate?
No — 7008 US Highway 40 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
+10.2%
Implied 1-yr
+40.9%
2025 Q3
$336.9K
2025 Q4
$357.6K
ZIP 62411 — Median Price History + Forecast

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