506 Illinois St
Assumption, IL 62510
4 bd 3 ba 2,030 sqft Built 1925 single_family
Most recent sale
$160,000
Apr 5, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2024 | Sold | $160,000 | Public Record |
| Feb 23, 2024 | Listed | $179,900 | MRED |
| May 8, 2007 | Sold | $75,000 | Public Record |
| Oct 1, 1992 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $32,770 | $7,644 | $40,414 | $3,157 |
| 2023 | $30,498 | $7,114 | $37,612 | $2,495 |
| 2022 | $25,226 | $6,192 | $31,418 | $2,144 |
| 2021 | $24,198 | $5,940 | $30,138 | $2,043 |
| 2020 | $24,198 | $5,940 | $30,138 | $2,040 |
| 2019 | $24,320 | $5,970 | $30,290 | $2,097 |
| 2018 | $26,998 | $5,777 | $32,775 | $2,262 |
| 2017 | $25,997 | $5,563 | $31,560 | $2,178 |
| 2016 | $25,487 | $5,454 | $30,941 | $2,699 |
| 2015 | $25,136 | $5,237 | $30,373 | $2,635 |
| 2014 | $27,473 | $5,127 | $32,600 | $2,740 |
| 2013 | $27,473 | $5,127 | $32,600 | $2,735 |
| 2012 | $27,473 | $5,127 | $32,600 | $2,716 |
| 2011 | $27,473 | $5,127 | $32,600 | $2,710 |
| 2010 | $28,270 | $4,917 | $33,187 | $2,752 |
| 2009 | $28,270 | $4,917 | $33,187 | $2,689 |
| 2008 | $28,270 | $4,917 | $33,187 | $2,037 |
| 2006 | $25,927 | $4,888 | $30,815 | $837 |
Property facts
Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,030 sqft
Lot size
—
ZIP code
62510
City
Assumption
Street
Illinois St
Coordinates
39.51640, -89.05794
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
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Illinois St last sell?
506 Illinois St most recently sold on Apr 5, 2024 for $160,000.
What is the current tax assessment for 506 Illinois St?
The most recent total assessment for 506 Illinois St (year 2024) is $40,414 with $3,157 in property tax.
How does 506 Illinois St's assessment compare to its last sale price?
The current assessment is 74.7% below the last sale price of $160,000.
When was 506 Illinois St built?
506 Illinois St was built in 1925.
How does 506 Illinois St compare to others on Illinois St?
We track 8 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 506 Illinois St?
506 Illinois St is a 4 bed, 3 bath, 2,030 sqft single_family.
Is 506 Illinois St a flip candidate?
No — 506 Illinois St does not appear in our flips dataset.
Is 506 Illinois St a tax-appeal candidate?
No — 506 Illinois St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q2
$143.8K
2026 Q3
$145.3K
ZIP 62510 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Illinois St