2490 County Road 550
Dewey, IL 61840
6 bd 7 ba 9,341 sqft Built 2006 Lot 152,460 sqft single_family
Most recent sale
$925,000
Feb 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 22, 2022 | Sold | $925,000 | MLS #11263209 |
| Aug 15, 2013 | Sold | $645,000 | Public Record |
| Jun 12, 2013 | Listing removed | $650,000 | ChampaignArea |
| May 8, 2013 | Listed | $650,000 | MLS #2133970 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $252,540 | $13,540 | $266,080 | $16,770 |
| 2023 | $233,400 | $12,510 | $245,910 | $15,404 |
| 2022 | $195,570 | $10,480 | $206,050 | $14,323 |
| 2021 | $187,330 | $10,040 | $197,370 | $13,725 |
| 2020 | $180,300 | $9,660 | $189,960 | $13,211 |
| 2019 | $180,300 | $9,660 | $189,960 | $13,088 |
| 2018 | $174,540 | $9,350 | $183,890 | $12,608 |
| 2017 | $174,540 | $9,350 | $183,890 | $12,660 |
| 2016 | $160,420 | $8,590 | $169,010 | $11,657 |
| 2015 | $156,660 | $8,390 | $165,050 | $11,424 |
| 2014 | $153,290 | $8,210 | $161,500 | $11,099 |
Property facts
Year built
2006
Property type
single_family
Stories
2
Beds
6
Baths
7
Living area
9,341 sqft
Lot size
152,460 sqft
ZIP code
61840
City
Dewey
Street
County Road 550
Coordinates
40.23626, -88.35503
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,550
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2490 County Road 550 last sell?
2490 County Road 550 most recently sold on Feb 22, 2022 for $925,000.
What is the current tax assessment for 2490 County Road 550?
The most recent total assessment for 2490 County Road 550 (year 2024) is $266,080 with $16,770 in property tax.
How does 2490 County Road 550's assessment compare to its last sale price?
The current assessment is 71.2% below the last sale price of $925,000.
When was 2490 County Road 550 built?
2490 County Road 550 was built in 2006.
How does 2490 County Road 550 compare to others on County Road 550?
We track 8 other properties on County Road 550. Browse the list under "Other properties on County Road 550" to compare beds, baths, and sale history.
What are the property facts for 2490 County Road 550?
2490 County Road 550 is a 6 bed, 7 bath, 9,341 sqft, 152,460 sqft lot single_family.
Is 2490 County Road 550 a flip candidate?
No — 2490 County Road 550 does not appear in our flips dataset.
Is 2490 County Road 550 a tax-appeal candidate?
No — 2490 County Road 550 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.8%
Implied 1-yr
-7.1%
2026 Q2
$170.3K
2026 Q3
$166.9K
ZIP 61840 — Median Price History + Forecast
Explore nearby
Geography
Other properties on County Road 550