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705 Locust St

Delavan, IL 61734

3 bd 2 ba 1,408 sqft Built 1950 Lot 10,140 sqft single_family
Most recent sale
$125,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $125,000 MLS #11314565
Apr 16, 2022 Listed $129,900 MLS #11314565

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $46,050 $2,870 $48,920 $2,962
2023 $38,230 $2,380 $40,610 $2,726
2022 $34,730 $2,160 $36,890 $2,456
2021 $33,390 $2,080 $35,470 $1,580
2020 $33,390 $2,080 $35,470 $1,589
2019 $33,390 $2,080 $35,470 $1,559
2018 $33,390 $2,080 $35,470 $1,562
2017 $33,390 $2,080 $35,470 $1,553
2016 $33,060 $2,060 $35,120 $1,553
2015 $32,730 $2,040 $34,770 $1,561
2014 $32,730 $2,040 $34,770 $1,412
2013 $32,730 $2,040 $34,770 $1,395
2012 $32,730 $2,040 $34,770 $1,498
2011 $32,730 $2,040 $34,770 $1,425
2010 $32,730 $2,040 $34,770 $1,469
2009 $32,730 $2,040 $34,770 $1,423
2008 $32,730 $2,040 $34,770 $1,449
2007 $32,730 $2,040 $34,770 $1,558

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,408 sqft
Lot size
10,140 sqft
ZIP code
61734
City
Delavan
Street
Locust St
Coordinates
40.36883, -89.54753

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
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Locust St last sell?
705 Locust St most recently sold on Jun 1, 2022 for $125,000.
What is the current tax assessment for 705 Locust St?
The most recent total assessment for 705 Locust St (year 2024) is $48,920 with $2,962 in property tax.
How does 705 Locust St's assessment compare to its last sale price?
The current assessment is 60.9% below the last sale price of $125,000.
When was 705 Locust St built?
705 Locust St was built in 1950.
How does 705 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 705 Locust St?
705 Locust St is a 3 bed, 2 bath, 1,408 sqft, 10,140 sqft lot single_family.
Is 705 Locust St a flip candidate?
No — 705 Locust St does not appear in our flips dataset.
Is 705 Locust St a tax-appeal candidate?
No — 705 Locust 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
+2.3%
Implied 1-yr
+9.2%
2026 Q1
$215.7K
2026 Q2
$220K
ZIP 61734 — Median Price History + Forecast

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