2040 Summit Ave
Decatur, IL 62526
3 bd 1 ba 1,070 sqft Built 1966 Lot 6,098 sqft single_family
Most recent sale
$115,000
Jun 7, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 7, 2024 | Sold | $115,000 | MRED |
| May 25, 2024 | Listing removed | — | CentralIllinois |
| May 6, 2024 | Listed | $110,000 | MRED |
| Nov 19, 2008 | Sold | $55,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $22,405 | $3,344 | $25,749 | $1,742 |
| 2023 | $20,887 | $3,117 | $24,004 | $1,707 |
| 2022 | $17,807 | $2,737 | $20,544 | $1,522 |
| 2021 | $16,904 | $2,598 | $19,502 | $1,389 |
| 2020 | $16,280 | $2,502 | $18,782 | $1,394 |
| 2019 | $16,119 | $2,477 | $18,596 | $1,339 |
| 2018 | $16,172 | $2,478 | $18,650 | $1,329 |
| 2017 | $16,604 | $2,544 | $19,148 | $1,377 |
| 2016 | $16,773 | $2,570 | $19,343 | $1,409 |
| 2015 | $16,476 | $2,525 | $19,001 | $1,328 |
| 2014 | $16,313 | $2,500 | $18,813 | $1,228 |
| 2013 | $16,926 | $2,594 | $19,520 | $1,271 |
| 2012 | $17,449 | $2,674 | $20,123 | $1,315 |
| 2011 | $17,896 | $2,743 | $20,639 | $1,327 |
| 2009 | $22,000 | $2,828 | $24,828 | $2,208 |
Property facts
Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,070 sqft
Lot size
6,098 sqft
ZIP code
62526
City
Decatur
Street
Summit Ave
Coordinates
39.86284, -88.98667
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2040 Summit Ave last sell?
2040 Summit Ave most recently sold on Jun 7, 2024 for $115,000.
What is the current tax assessment for 2040 Summit Ave?
The most recent total assessment for 2040 Summit Ave (year 2024) is $25,749 with $1,742 in property tax.
How does 2040 Summit Ave's assessment compare to its last sale price?
The current assessment is 77.6% below the last sale price of $115,000.
When was 2040 Summit Ave built?
2040 Summit Ave was built in 1966.
How does 2040 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 2040 Summit Ave?
2040 Summit Ave is a 3 bed, 1 bath, 1,070 sqft, 6,098 sqft lot single_family.
Is 2040 Summit Ave a flip candidate?
No — 2040 Summit Ave does not appear in our flips dataset.
Is 2040 Summit Ave a tax-appeal candidate?
No — 2040 Summit 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 Summit Ave