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559 Prairie Ave

Decatur, IL 62522

3 bd 1 ba 2,980 sqft Built 1923 Lot 6,098 sqft single_family
Most recent sale
$38,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Listing removed $77,897 MRED
Aug 22, 2022 Sold $38,000 Public Record
Aug 5, 2022 Sold $37,905 MRED
Jul 1, 2022 Listed $39,900 MLS #6221802
May 18, 2018 Listing removed $72,897 DecaturIL
Jan 4, 2018 Price changed $72,897 MLS #6173963
Nov 20, 2017 Listed $77,897 MLS #6173963
Mar 17, 2017 Listing removed $77,897 DecaturIL
Feb 1, 2017 Listed $77,897 MLS #6170193

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $14,047 $2,043 $16,090 $999
2023 $13,095 $1,905 $15,000 $1,027
2022 $11,180 $1,455 $12,635 $1,313
2021 $22,988 $1,381 $24,369 $2,507
2020 $22,140 $1,330 $23,470 $2,561
2019 $21,921 $1,317 $23,238 $2,471
2018 $21,994 $1,321 $23,315 $2,450
2017 $22,581 $1,356 $23,937 $2,507
2016 $22,811 $1,370 $24,181 $2,555
2015 $22,408 $1,346 $23,754 $2,428
2014 $22,186 $1,333 $23,519 $2,255
2013 $23,019 $1,383 $24,402 $2,294
2012 $23,731 $1,426 $25,157 $2,344
2011 $24,339 $1,463 $25,802 $2,340
2009 $25,092 $1,508 $26,600 $1,833
2007 $24,236 $1,457 $25,693 $1,763

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
2,980 sqft
Lot size
6,098 sqft
ZIP code
62522
City
Decatur
Street
Prairie Ave
Coordinates
39.84204, -88.96313

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$228
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 559 Prairie Ave last sell?
559 Prairie Ave most recently sold on Aug 22, 2022 for $38,000.
What is the current tax assessment for 559 Prairie Ave?
The most recent total assessment for 559 Prairie Ave (year 2024) is $16,090 with $999 in property tax.
How does 559 Prairie Ave's assessment compare to its last sale price?
The current assessment is 57.7% below the last sale price of $38,000.
When was 559 Prairie Ave built?
559 Prairie Ave was built in 1923.
How does 559 Prairie Ave compare to others on Prairie Ave?
We track 8 other properties on Prairie Ave. Browse the list under "Other properties on Prairie Ave" to compare beds, baths, and sale history.
What are the property facts for 559 Prairie Ave?
559 Prairie Ave is a 3 bed, 1 bath, 2,980 sqft, 6,098 sqft lot single_family.
Is 559 Prairie Ave a flip candidate?
No — 559 Prairie Ave does not appear in our flips dataset.
Is 559 Prairie Ave a tax-appeal candidate?
No — 559 Prairie Ave 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
+7.3%
Implied 1-yr
+29.2%
2026 Q3
$239.4K
2026 Q4
$251.2K
ZIP 62522 — Median Price History + Forecast

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