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1565 Summit Ave

Decatur, IL 62526

4 bd 3 ba 4,358 sqft Built 1924 Lot 82,328 sqft single_family
Most recent sale
$98,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $98,000 MLS #11623252
Sep 7, 2022 Listed $98,000 MLS #11623252

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $16,213 $20,114 $36,327 $2,019
2023 $15,114 $18,751 $33,865 $1,957

Property facts

Year built
1924
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
4,358 sqft
Lot size
82,328 sqft
ZIP code
62526
City
Decatur
Street
Summit Ave
Coordinates
39.85718, -88.98774

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$588
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1565 Summit Ave last sell?
1565 Summit Ave most recently sold on Oct 21, 2022 for $98,000.
What is the current tax assessment for 1565 Summit Ave?
The most recent total assessment for 1565 Summit Ave (year 2024) is $36,327 with $2,019 in property tax.
How does 1565 Summit Ave's assessment compare to its last sale price?
The current assessment is 62.9% below the last sale price of $98,000.
When was 1565 Summit Ave built?
1565 Summit Ave was built in 1924.
How does 1565 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 1565 Summit Ave?
1565 Summit Ave is a 4 bed, 3 bath, 4,358 sqft, 82,328 sqft lot single_family.
Is 1565 Summit Ave a flip candidate?
No — 1565 Summit Ave does not appear in our flips dataset.
Is 1565 Summit Ave a tax-appeal candidate?
No — 1565 Summit 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
+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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