1040 Garfield Ave
Decatur, IL 62526
2 bd 1 ba 884 sqft Built 1925 Lot 4,792 sqft single_family
Most recent sale
$25,500
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $25,500 | MLS #11608493 |
| Sep 4, 2022 | Price changed | $31,000 | MLS #11608493 |
| Aug 19, 2022 | Listed | $32,500 | MLS #11608493 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $7,205 | $469 | $7,674 | $692 |
| 2023 | $6,717 | $437 | $7,154 | $686 |
| 2022 | $6,080 | $384 | $6,464 | $671 |
| 2021 | $5,772 | $365 | $6,137 | $631 |
| 2020 | $5,559 | $352 | $5,911 | $645 |
| 2019 | $5,504 | $349 | $5,853 | $622 |
| 2018 | $6,135 | $190 | $6,325 | $665 |
| 2017 | $6,299 | $195 | $6,494 | $680 |
| 2016 | $6,363 | $197 | $6,560 | $693 |
| 2015 | $6,250 | $194 | $6,444 | $659 |
| 2014 | $6,628 | $182 | $6,810 | $653 |
| 2013 | $6,877 | $189 | $7,066 | $664 |
| 2012 | $7,090 | $195 | $7,285 | $679 |
| 2011 | $6,573 | $899 | $7,472 | $678 |
| 2009 | $5,476 | $909 | $6,385 | $568 |
| 2007 | $5,289 | $878 | $6,167 | $526 |
Property facts
Year built
1925
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
884 sqft
Lot size
4,792 sqft
ZIP code
62526
City
Decatur
Street
Garfield Ave
Coordinates
39.86265, -88.94349
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$153
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 1040 Garfield Ave last sell?
1040 Garfield Ave most recently sold on Sep 30, 2022 for $25,500.
What is the current tax assessment for 1040 Garfield Ave?
The most recent total assessment for 1040 Garfield Ave (year 2024) is $7,674 with $692 in property tax.
How does 1040 Garfield Ave's assessment compare to its last sale price?
The current assessment is 69.9% below the last sale price of $25,500.
When was 1040 Garfield Ave built?
1040 Garfield Ave was built in 1925.
How does 1040 Garfield Ave compare to others on Garfield Ave?
We track 8 other properties on Garfield Ave. Browse the list under "Other properties on Garfield Ave" to compare beds, baths, and sale history.
What are the property facts for 1040 Garfield Ave?
1040 Garfield Ave is a 2 bed, 1 bath, 884 sqft, 4,792 sqft lot single_family.
Is 1040 Garfield Ave a flip candidate?
No — 1040 Garfield Ave does not appear in our flips dataset.
Is 1040 Garfield Ave a tax-appeal candidate?
No — 1040 Garfield 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
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$254.9K
2026 Q4
$264.1K
ZIP 62526 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Garfield Ave