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1581 Main St

Decatur, IL 62526

2 bd 1 ba 2,966 sqft Built 1905 Lot 6,098 sqft single_family
Most recent sale
$12,500
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Sold $12,500 MLS #11653732
Oct 15, 2022 Listed $13,500 MLS #11653732

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $8,175 $469 $8,644 $780
2023 $7,621 $437 $8,058 $773
2022 $6,794 $384 $7,178 $746
2021 $6,450 $365 $6,815 $701
2020 $6,212 $352 $6,564 $41
2019 $6,150 $349 $6,499 $40
2017 $7,038 $249 $7,287 $39
2016 $7,110 $252 $7,362 $39
2015 $7,847 $230 $8,077 $345
2014 $7,769 $228 $7,997 $515
2013 $8,061 $237 $8,298 $505
2012 $8,310 $244 $8,554 $501
2011 $8,523 $250 $8,773 $487
2009 $11,717 $620 $12,337 $564
2007 $11,318 $599 $11,917 $589

Property facts

Year built
1905
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
2,966 sqft
Lot size
6,098 sqft
ZIP code
62526
City
Decatur
Street
Main St
Coordinates
39.85806, -88.95660

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
$75
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1581 Main St last sell?
1581 Main St most recently sold on Oct 24, 2022 for $12,500.
What is the current tax assessment for 1581 Main St?
The most recent total assessment for 1581 Main St (year 2024) is $8,644 with $780 in property tax.
How does 1581 Main St's assessment compare to its last sale price?
The current assessment is 30.8% below the last sale price of $12,500.
When was 1581 Main St built?
1581 Main St was built in 1905.
How does 1581 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 1581 Main St?
1581 Main St is a 2 bed, 1 bath, 2,966 sqft, 6,098 sqft lot single_family.
Is 1581 Main St a flip candidate?
No — 1581 Main St does not appear in our flips dataset.
Is 1581 Main St a tax-appeal candidate?
No — 1581 Main 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
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$254.9K
2026 Q4
$264.1K
ZIP 62526 — Median Price History + Forecast

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