1542 Forest Ave
Decatur, IL 62522
3 bd 1 ba 2,822 sqft Built 1926 Lot 8,712 sqft single_family
Most recent sale
$77,250
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $77,250 | MLS #11624077 |
| Sep 8, 2022 | Listed | $75,000 | MLS #11624077 |
| Jan 7, 2010 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $26,786 | $4,783 | $31,569 | $2,268 |
| 2023 | $24,971 | $4,459 | $29,430 | $2,228 |
| 2022 | $14,618 | $5,842 | $20,460 | $2,126 |
| 2021 | $15,877 | $5,546 | $21,423 | $2,204 |
| 2020 | $15,291 | $5,341 | $20,632 | $2,251 |
| 2019 | $15,140 | $5,288 | $20,428 | $2,172 |
| 2018 | $14,196 | $3,333 | $17,529 | $1,842 |
| 2017 | $14,575 | $3,422 | $17,997 | $1,885 |
| 2016 | $14,724 | $3,457 | $18,181 | $1,921 |
| 2015 | $14,464 | $3,396 | $17,860 | $1,826 |
| 2014 | $14,321 | $3,362 | $17,683 | $1,695 |
| 2013 | $14,859 | $3,488 | $18,347 | $1,725 |
| 2012 | $15,319 | $3,596 | $18,915 | $1,762 |
| 2011 | $15,712 | $3,688 | $19,400 | $1,760 |
| 2009 | $25,740 | $3,802 | $29,542 | $2,095 |
| 2007 | $24,863 | $3,673 | $28,536 | $2,006 |
Property facts
Year built
1926
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
2,822 sqft
Lot size
8,712 sqft
ZIP code
62522
City
Decatur
Street
Forest Ave
Coordinates
39.83714, -88.98302
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
$464
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value
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Frequently asked questions
When did 1542 Forest Ave last sell?
1542 Forest Ave most recently sold on Oct 7, 2022 for $77,250.
What is the current tax assessment for 1542 Forest Ave?
The most recent total assessment for 1542 Forest Ave (year 2024) is $31,569 with $2,268 in property tax.
How does 1542 Forest Ave's assessment compare to its last sale price?
The current assessment is 59.1% below the last sale price of $77,250.
When was 1542 Forest Ave built?
1542 Forest Ave was built in 1926.
How does 1542 Forest Ave compare to others on Forest Ave?
We track 8 other properties on Forest Ave. Browse the list under "Other properties on Forest Ave" to compare beds, baths, and sale history.
What are the property facts for 1542 Forest Ave?
1542 Forest Ave is a 3 bed, 1 bath, 2,822 sqft, 8,712 sqft lot single_family.
Is 1542 Forest Ave a flip candidate?
No — 1542 Forest Ave does not appear in our flips dataset.
Is 1542 Forest Ave a tax-appeal candidate?
No — 1542 Forest 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
+7.3%
Implied 1-yr
+29.2%
2026 Q3
$239.4K
2026 Q4
$251.2K
ZIP 62522 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Ave