3240 Chestnut Ave
Decatur, IL 62521
3 bd 3 ba 2,602 sqft Built 1940 Lot 10,454 sqft single_family
Most recent sale
$119,000
Aug 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 22, 2022 | Sold | $119,000 | Public Record |
| Aug 1, 2022 | Sold | $119,000 | MRED |
| Jun 15, 2022 | Listed | $119,000 | MLS #6221451 |
| Oct 22, 2020 | Sold | $85,000 | Public Record |
| Oct 21, 2020 | Sold | $85,000 | MRED |
| Sep 16, 2020 | Listed | $84,500 | MLS #6205994 |
| Sep 14, 2012 | Sold | $76,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $35,000 | $5,126 | $40,126 | $2,948 |
| 2023 | $31,349 | $4,958 | $36,307 | $2,765 |
| 2022 | $26,944 | $4,261 | $31,205 | $2,620 |
| 2021 | $25,965 | $4,106 | $30,071 | $2,464 |
| 2020 | $25,309 | $4,002 | $29,311 | $3,180 |
| 2019 | $24,815 | $3,924 | $28,739 | $3,039 |
| 2018 | $24,271 | $3,838 | $28,109 | $2,939 |
| 2017 | $23,971 | $3,791 | $27,762 | $2,911 |
| 2016 | $23,957 | $3,789 | $27,746 | $2,918 |
| 2015 | $23,650 | $3,740 | $27,390 | $2,786 |
| 2014 | $23,650 | $3,740 | $27,390 | $2,611 |
| 2013 | $23,650 | $3,740 | $27,390 | $2,562 |
| 2012 | $23,650 | $3,740 | $27,390 | $1,613 |
| 2011 | $24,256 | $3,836 | $28,092 | $1,638 |
| 2009 | $24,748 | $3,914 | $28,662 | $1,663 |
| 2007 | $23,219 | $3,672 | $26,891 | $1,577 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,602 sqft
Lot size
10,454 sqft
ZIP code
62521
City
Decatur
Street
Chestnut Ave
Coordinates
39.82556, -88.90515
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$714
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3240 Chestnut Ave last sell?
3240 Chestnut Ave most recently sold on Aug 22, 2022 for $119,000.
What is the current tax assessment for 3240 Chestnut Ave?
The most recent total assessment for 3240 Chestnut Ave (year 2024) is $40,126 with $2,948 in property tax.
How does 3240 Chestnut Ave's assessment compare to its last sale price?
The current assessment is 66.3% below the last sale price of $119,000.
When was 3240 Chestnut Ave built?
3240 Chestnut Ave was built in 1940.
How does 3240 Chestnut Ave compare to others on Chestnut Ave?
We track 8 other properties on Chestnut Ave. Browse the list under "Other properties on Chestnut Ave" to compare beds, baths, and sale history.
What are the property facts for 3240 Chestnut Ave?
3240 Chestnut Ave is a 3 bed, 3 bath, 2,602 sqft, 10,454 sqft lot single_family.
Is 3240 Chestnut Ave a flip candidate?
Yes — 3240 Chestnut Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3240 Chestnut Ave a tax-appeal candidate?
No — 3240 Chestnut Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$185.1K
2026 Q4
$182.1K
ZIP 62521 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chestnut Ave