506 Elm St
Cornell, IL 61319
3 bd 2 ba 1,916 sqft Built 1976 Lot 9,032 sqft single_family
Most recent sale
$135,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $135,000 | MLS #11419763 |
| Jun 21, 2022 | Listed | $124,900 | MLS #11419763 |
| Feb 14, 2019 | Listing removed | $109,900 | MRED |
| May 26, 2015 | Sold | $105,000 | MLS #106238 |
| Apr 15, 2015 | Relisted | $115,000 | MLS #106238 |
| Apr 13, 2015 | Listing removed | $115,000 | LivingstonCounty |
| Mar 31, 2015 | Relisted | $115,000 | MLS #106238 |
| Mar 27, 2015 | Listing removed | $115,000 | LivingstonCounty |
| Mar 5, 2015 | Listed | $115,000 | MLS #106238 |
| Feb 2, 2015 | Listing removed | $109,900 | MRED |
| Jan 1, 2015 | Sold | $105,000 | Public Record |
| Dec 12, 2014 | Price changed | $109,900 | MLS #08695939 |
| Oct 1, 2014 | Price changed | $116,000 | MLS #08695939 |
| Aug 27, 2014 | Price changed | $119,000 | MLS #08695939 |
| Aug 8, 2014 | Listed | $122,000 | MLS #08695939 |
| Feb 4, 2008 | Sold | $115,900 | MLS #102745 |
| Jan 1, 2008 | Sold | $108,000 | Public Record |
| Sep 17, 1994 | Sold | $63,000 | Public Record |
| Jan 1, 1994 | Sold | $63,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $50,322 | $1,169 | $51,491 | $3,607 |
| 2023 | $45,747 | $1,063 | $46,810 | $3,482 |
| 2022 | $46,685 | $1,063 | $47,748 | $3,627 |
| 2021 | $43,877 | $999 | $44,876 | $3,492 |
| 2020 | $41,393 | $942 | $42,335 | $3,427 |
| 2019 | $40,383 | $919 | $41,302 | $3,423 |
| 2018 | $35,899 | $901 | $36,800 | $3,132 |
| 2017 | $34,518 | $866 | $35,384 | $3,095 |
| 2016 | $34,518 | $866 | $35,384 | $3,115 |
| 2015 | $37,932 | $952 | $38,884 | $2,825 |
| 2014 | $36,048 | $952 | $37,000 | $2,684 |
| 2013 | $37,033 | $978 | $38,011 | $2,785 |
| 2012 | $37,789 | $998 | $38,787 | $2,958 |
| 2011 | $39,253 | $1,037 | $40,290 | $2,972 |
| 2010 | $39,661 | $988 | $40,649 | $3,030 |
| 2009 | $39,661 | $988 | $40,649 | $2,966 |
| 2008 | $37,066 | $923 | $37,989 | $2,939 |
| 2005 | $34,325 | $889 | $35,214 | $1,965 |
Property facts
Year built
1976
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,916 sqft
Lot size
9,032 sqft
ZIP code
61319
City
Cornell
Street
Elm St
Coordinates
40.99051, -88.72985
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Elm St last sell?
506 Elm St most recently sold on Aug 1, 2022 for $135,000.
What is the current tax assessment for 506 Elm St?
The most recent total assessment for 506 Elm St (year 2024) is $51,491 with $3,607 in property tax.
How does 506 Elm St's assessment compare to its last sale price?
The current assessment is 61.9% below the last sale price of $135,000.
When was 506 Elm St built?
506 Elm St was built in 1976.
How does 506 Elm St compare to others on Elm St?
We track 5 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 506 Elm St?
506 Elm St is a 3 bed, 2 bath, 1,916 sqft, 9,032 sqft lot single_family.
Is 506 Elm St a flip candidate?
No — 506 Elm St does not appear in our flips dataset.
Is 506 Elm St a tax-appeal candidate?
No — 506 Elm 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
+4.7%
Implied 1-yr
+18.6%
2024 Q3
$167.4K
2024 Q4
$173.4K
ZIP 61319 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm St