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406 Western Ave

Bloomington, IL 61701

3 bd 3 ba 2,230 sqft Built 1940 Lot 7,200 sqft single_family
Most recent sale
$47,500
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2024 Sold $192,000 MRED
Aug 5, 2024 Listed $189,000 MRED
Mar 29, 2022 Sold $47,500 MLS #11252145
Oct 21, 2021 Listed $55,000 MLS #11252145

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $38,215 $9,927 $48,142 $1,962
2022 $17,290 $7,141 $24,431 $2,076
2021 $16,382 $6,766 $23,148 $1,032
2020 $16,124 $6,659 $22,783 $886
2019 $15,850 $6,546 $22,396 $884
2018 $15,388 $6,355 $21,743 $880
2017 $15,388 $6,355 $21,743 $880
2016 $15,388 $6,355 $21,743 $879
2015 $15,185 $6,271 $21,456 $876
2014 $15,185 $6,271 $21,456 $848
2013 $15,185 $6,271 $21,456 $1,074
2012 $16,160 $6,674 $22,834 $1,167
2010 $16,526 $7,492 $24,018 $1,404
2009 $16,526 $7,492 $24,018 $1,395
2008 $15,763 $7,146 $22,909 $1,331

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,230 sqft
Lot size
7,200 sqft
ZIP code
61701
City
Bloomington
Street
Western Ave
Coordinates
40.47528, -89.00721

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
$285
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Western Ave last sell?
406 Western Ave most recently sold on Mar 29, 2022 for $47,500.
What is the current tax assessment for 406 Western Ave?
The most recent total assessment for 406 Western Ave (year 2024) is $48,142 with $1,962 in property tax.
How does 406 Western Ave's assessment compare to its last sale price?
The current assessment is 1.4% above the last sale price of $47,500.
When was 406 Western Ave built?
406 Western Ave was built in 1940.
How does 406 Western Ave compare to others on Western Ave?
We track 8 other properties on Western Ave. Browse the list under "Other properties on Western Ave" to compare beds, baths, and sale history.
What are the property facts for 406 Western Ave?
406 Western Ave is a 3 bed, 3 bath, 2,230 sqft, 7,200 sqft lot single_family.
Is 406 Western Ave a flip candidate?
No — 406 Western Ave does not appear in our flips dataset.
Is 406 Western Ave a tax-appeal candidate?
No — 406 Western Ave 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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