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109 State Route 116

Benson, IL 61516

4 bd 2 ba 39,040 sqft Built 1960 Lot 21,780 sqft single_family
Most recent sale
$187,500
Jan 24, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 24, 2024 Sold $187,500 MRED
Dec 11, 2023 Price changed $187,500 MRED
Nov 16, 2023 Listed $192,000 MRED
Jan 15, 2015 Sold $112,000 Public Record
Jan 1, 1997 Sold $62,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $53,292 $9,452 $62,744 $4,423
2024 $53,292 $9,452 $62,744 $4,054
2019 $39,947 $7,085 $47,032 $3,333
2018 $38,414 $6,813 $45,227 $3,282
2017 $37,661 $6,679 $44,340 $3,247
2016 $36,363 $6,449 $42,812 $3,086
2015 $36,128 $6,407 $42,535 $3,260
2014 $36,493 $6,472 $42,965 $3,082
2013 $36,207 $6,421 $42,628 $3,045
2012 $35,228 $6,247 $41,475 $2,990
2011 $35,387 $6,275 $41,662 $2,824
2009 $36,150 $6,410 $42,560 $2,756
2006 $33,470 $5,930 $39,400 $2,685
2005 $32,160 $5,700 $37,860 $2,588
2004 $31,220 $5,530 $36,750 $2,549

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
39,040 sqft
Lot size
21,780 sqft
ZIP code
61516
City
Benson
Street
State Route 116
Coordinates
40.85283, -89.12419

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,125
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 109 State Route 116 last sell?
109 State Route 116 most recently sold on Jan 24, 2024 for $187,500.
What is the current tax assessment for 109 State Route 116?
The most recent total assessment for 109 State Route 116 (year 2025) is $62,744 with $4,423 in property tax.
How does 109 State Route 116's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $187,500.
When was 109 State Route 116 built?
109 State Route 116 was built in 1960.
How does 109 State Route 116 compare to others on State Route 116?
We track 7 other properties on State Route 116. Browse the list under "Other properties on State Route 116" to compare beds, baths, and sale history.
What are the property facts for 109 State Route 116?
109 State Route 116 is a 4 bed, 2 bath, 39,040 sqft, 21,780 sqft lot single_family.
Is 109 State Route 116 a flip candidate?
No — 109 State Route 116 does not appear in our flips dataset.
Is 109 State Route 116 a tax-appeal candidate?
No — 109 State Route 116 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
+2.0%
Implied 1-yr
+7.8%
2025 Q2
$148K
2025 Q3
$150.6K
ZIP 61516 — Median Price History + Forecast

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