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501 Mill St

Chenoa, IL 61726

3 bd 1 ba 1,152 sqft Built 1909 Lot 6,000 sqft single_family
Most recent sale
$115,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2022 Sold $115,000 MLS #11485355
Aug 6, 2022 Listed $114,000 MLS #11485355
Apr 21, 2022 Sold $40,000 MLS #11364539
Apr 3, 2022 Listed $40,000 MLS #11364539

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $30,753 $2,527 $33,280 $2,598
2022 $11,750 $2,367 $14,117 $300

Property facts

Year built
1909
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,152 sqft
Lot size
6,000 sqft
ZIP code
61726
City
Chenoa
Street
Mill St
Coordinates
40.74497, -88.71737

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
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Mill St last sell?
501 Mill St most recently sold on Sep 8, 2022 for $115,000.
What is the current tax assessment for 501 Mill St?
The most recent total assessment for 501 Mill St (year 2023) is $33,280 with $2,598 in property tax.
How does 501 Mill St's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $115,000.
When was 501 Mill St built?
501 Mill St was built in 1909.
How does 501 Mill St compare to others on Mill St?
We track 1 other property on Mill St. Browse the list under "Other properties on Mill St" to compare beds, baths, and sale history.
What are the property facts for 501 Mill St?
501 Mill St is a 3 bed, 1 bath, 1,152 sqft, 6,000 sqft lot single_family.
Is 501 Mill St a flip candidate?
Yes — 501 Mill St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 501 Mill St a tax-appeal candidate?
No — 501 Mill 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
+1.8%
Implied 1-yr
+7.2%
2026 Q2
$145.2K
2026 Q3
$147.6K
ZIP 61726 — Median Price History + Forecast

Explore nearby

Other properties on Mill St