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406 Elm St

Arcola, IL 61910

3 bd 1 ba 1,095 sqft Built 1920 Lot 14,500 sqft single_family
Most recent sale
$22,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $22,000 Public Record
Apr 8, 2022 Sold $22,000 MLS #11354740
Mar 23, 2022 Listed $30,000 MLS #11354740

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $5,626 $4,958 $10,584 $865
2022 $5,635 $4,836 $10,471 $894
2021 $5,363 $5,113 $10,476 $924
2020 $5,188 $4,946 $10,134 $900
2019 $5,188 $4,946 $10,134 $872
2018 $6,980 $5,399 $12,379 $1,080
2017 $6,842 $5,292 $12,134 $1,068
2016 $6,394 $4,946 $11,340 $1,008
2015 $6,394 $4,946 $11,340 $1,010
2014 $6,076 $4,946 $11,022 $1,027
2013 $6,672 $3,813 $10,485 $983
2012 $7,069 $4,040 $11,109 $1,009
2010 $7,069 $4,040 $11,109 $1,029

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,095 sqft
Lot size
14,500 sqft
ZIP code
61910
City
Arcola
Street
Elm St
Coordinates
39.67975, -88.30244

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$132
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Elm St last sell?
406 Elm St most recently sold on Apr 8, 2022 for $22,000.
What is the current tax assessment for 406 Elm St?
The most recent total assessment for 406 Elm St (year 2024) is $10,584 with $865 in property tax.
How does 406 Elm St's assessment compare to its last sale price?
The current assessment is 51.9% below the last sale price of $22,000.
When was 406 Elm St built?
406 Elm St was built in 1920.
How does 406 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 406 Elm St?
406 Elm St is a 3 bed, 1 bath, 1,095 sqft, 14,500 sqft lot single_family.
Is 406 Elm St a flip candidate?
No — 406 Elm St does not appear in our flips dataset.
Is 406 Elm St a tax-appeal candidate?
No — 406 Elm St 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
-1.7%
Implied 1-yr
-7.0%
2025 Q2
$337.5K
2025 Q3
$337.5K
ZIP 61910 — Median Price History + Forecast

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