508 Grove St
Colfax, IL 61728
3 bd 2 ba 1,521 sqft Built 1963 Lot 12,125 sqft single_family
Most recent sale
$170,000
Dec 28, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 18, 2025 | Sold | $193,000 | MRED |
| Feb 18, 2025 | Price changed | $195,000 | MRED |
| Feb 7, 2025 | Price changed | $197,000 | MRED |
| Jan 26, 2025 | Listed | $199,000 | MRED |
| Aug 4, 2023 | Sold | $180,000 | MRED |
| Jun 24, 2023 | Listed | $180,000 | MRED |
| Dec 28, 2021 | Sold | $170,000 | MLS #11263012 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $55,476 | $3,467 | $58,943 | $3,972 |
| 2022 | $41,945 | $2,621 | $44,566 | $3,635 |
| 2021 | $39,687 | $2,480 | $42,167 | $3,963 |
| 2020 | $38,829 | $2,426 | $41,255 | $3,899 |
| 2019 | $38,829 | $2,426 | $41,255 | $3,901 |
| 2018 | $37,603 | $2,349 | $39,952 | $3,660 |
| 2017 | $36,686 | $2,292 | $38,978 | $3,413 |
| 2016 | $36,255 | $2,265 | $38,520 | $3,346 |
| 2015 | $37,071 | $2,316 | $39,387 | $3,412 |
| 2014 | $36,799 | $2,299 | $39,098 | $3,284 |
| 2013 | $38,895 | $2,430 | $41,325 | $3,391 |
| 2012 | $40,102 | $2,505 | $42,607 | $3,868 |
| 2010 | $40,862 | $2,552 | $43,414 | $3,890 |
| 2009 | $40,695 | $2,542 | $43,237 | $3,984 |
| 2008 | $40,157 | $2,508 | $42,665 | $3,654 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,521 sqft
Lot size
12,125 sqft
ZIP code
61728
City
Colfax
Street
Grove St
Coordinates
40.57220, -88.61807
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
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Grove St last sell?
508 Grove St most recently sold on Dec 28, 2021 for $170,000.
What is the current tax assessment for 508 Grove St?
The most recent total assessment for 508 Grove St (year 2024) is $58,943 with $3,972 in property tax.
How does 508 Grove St's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $170,000.
When was 508 Grove St built?
508 Grove St was built in 1963.
How does 508 Grove St compare to others on Grove St?
We track 8 other properties on Grove St. Browse the list under "Other properties on Grove St" to compare beds, baths, and sale history.
What are the property facts for 508 Grove St?
508 Grove St is a 3 bed, 2 bath, 1,521 sqft, 12,125 sqft lot single_family.
Is 508 Grove St a flip candidate?
No — 508 Grove St does not appear in our flips dataset.
Is 508 Grove St a tax-appeal candidate?
No — 508 Grove 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
-3.3%
Implied 1-yr
-13.3%
2025 Q4
$121.8K
2026 Q1
$116.7K
ZIP 61728 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grove St