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516 3rd St

Colona, IL 61241

3 bd 2 ba 1,344 sqft Built 2008 Lot 8,276 sqft single_family
Most recent sale
$199,200
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $199,200 MLS #QC4230969
Mar 11, 2022 Listed $199,200 MLS #QC4230969

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $44,136 $2,820 $46,956 $1,166
2021 $43,271 $3,483 $46,754 $3,112
2020 $41,087 $3,308 $44,395 $3,147
2019 $41,390 $3,332 $44,722 $3,123
2018 $41,143 $3,312 $44,455 $3,091
2017 $41,559 $3,345 $44,904 $3,030
2016 $41,026 $3,302 $44,328 $3,020
2015 $40,143 $3,231 $43,374 $3,030
2014 $39,279 $3,161 $42,440 $2,965
2013 $39,279 $3,161 $42,440 $2,640
2012 $39,279 $3,161 $42,440 $2,696
2011 $40,081 $3,225 $43,306 $2,623
2010 $40,081 $3,225 $43,306 $2,588
2009 $40,486 $3,258 $43,744 $3,021
2006 $2,743 $2,743 $213

Property facts

Year built
2008
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,344 sqft
Lot size
8,276 sqft
ZIP code
61241
City
Colona
Street
3rd St
Coordinates
41.47527, -90.36020

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
$1,195
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 3rd St last sell?
516 3rd St most recently sold on Apr 22, 2022 for $199,200.
What is the current tax assessment for 516 3rd St?
The most recent total assessment for 516 3rd St (year 2022) is $46,956 with $1,166 in property tax.
How does 516 3rd St's assessment compare to its last sale price?
The current assessment is 76.4% below the last sale price of $199,200.
When was 516 3rd St built?
516 3rd St was built in 2008.
How does 516 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 516 3rd St?
516 3rd St is a 3 bed, 2 bath, 1,344 sqft, 8,276 sqft lot single_family.
Is 516 3rd St a flip candidate?
No — 516 3rd St does not appear in our flips dataset.
Is 516 3rd St a tax-appeal candidate?
No — 516 3rd 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
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$237.2K
2026 Q4
$242.3K
ZIP 61241 — Median Price History + Forecast

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