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1202 Prairie Ln

Bloomington, IL 61701

3 bd 1 ba 1,223 sqft Built 1953 Lot 4,680 sqft single_family
Most recent sale
$145,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2024 Sold $160,000 MRED
Jun 8, 2024 Listed $155,000 MRED
Aug 31, 2022 Sold $145,000 MLS #11443846
Jun 23, 2022 Listed $139,900 MLS #11443846
Aug 27, 2019 Listing removed $120,000 MRED
May 2, 2018 Listing removed $120,000 BloomingtonNormal
Oct 1, 2017 Listing removed $117,900 BloomingtonNormal
May 22, 2017 Price changed $117,900 MLS #2171039
Mar 24, 2017 Listed $119,900 MLS #2171039
Aug 1, 2013 Price changed $120,000 MLS #2132105
Jun 18, 2013 Listed $125,000 MLS #2132105
Jan 1, 2001 Sold $72,500 Public Record
Jan 1, 2000 Sold $59,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $41,641 $8,634 $50,275 $3,214
2022 $29,998 $6,220 $36,218 $2,568
2021 $27,461 $5,694 $33,155 $2,307
2020 $26,405 $5,475 $31,880 $2,194
2019 $26,405 $5,475 $31,880 $2,187
2018 $26,405 $5,475 $31,880 $2,178
2017 $26,405 $5,475 $31,880 $2,179
2016 $27,678 $5,739 $33,417 $2,304
2015 $27,312 $5,663 $32,975 $2,261
2014 $27,312 $5,663 $32,975 $2,189
2013 $27,312 $5,663 $32,975 $2,154
2012 $27,613 $5,725 $33,338 $2,151
2010 $27,687 $6,767 $34,454 $2,218
2009 $27,687 $6,767 $34,454 $2,203
2008 $27,962 $6,835 $34,797 $2,240

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,223 sqft
Lot size
4,680 sqft
ZIP code
61701
City
Bloomington
Street
Prairie Ln
Coordinates
40.49067, -88.97625

Comparable properties nearby

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
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1202 Prairie Ln last sell?
1202 Prairie Ln most recently sold on Aug 31, 2022 for $145,000.
What is the current tax assessment for 1202 Prairie Ln?
The most recent total assessment for 1202 Prairie Ln (year 2024) is $50,275 with $3,214 in property tax.
How does 1202 Prairie Ln's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $145,000.
When was 1202 Prairie Ln built?
1202 Prairie Ln was built in 1953.
How does 1202 Prairie Ln compare to others on Prairie Ln?
We track 4 other properties on Prairie Ln. Browse the list under "Other properties on Prairie Ln" to compare beds, baths, and sale history.
What are the property facts for 1202 Prairie Ln?
1202 Prairie Ln is a 3 bed, 1 bath, 1,223 sqft, 4,680 sqft lot single_family.
Is 1202 Prairie Ln a flip candidate?
No — 1202 Prairie Ln does not appear in our flips dataset.
Is 1202 Prairie Ln a tax-appeal candidate?
No — 1202 Prairie Ln 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
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$249.6K
2026 Q4
$258.5K
ZIP 61701 — Median Price History + Forecast

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