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402 Railroad St

Dewey, IL 61840

3 bd 2 ba 1,378 sqft Built 1962 Lot 10,800 sqft single_family
Most recent sale
$142,500
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2023 Listing removed $1,800 MRED
Sep 29, 2023 Listed for rent $1,800 MRED
Aug 22, 2023 Listing removed $157,500 MRED
Jul 20, 2023 Price changed $157,500 MRED
Jul 3, 2023 Listed $159,900 MRED
Jul 8, 2022 Sold $142,500 MLS #11399065
May 10, 2022 Listed $149,000 MLS #11399065

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,960 $3,870 $46,830 $2,503
2023 $39,700 $3,580 $43,280 $2,339
2022 $33,270 $3,000 $36,270 $2,178
2021 $31,870 $2,870 $34,740 $2,071
2020 $30,670 $2,760 $33,430 $2,017
2019 $30,670 $2,760 $33,430 $2,018
2018 $29,690 $2,670 $32,360 $1,966
2017 $28,630 $2,670 $31,300 $1,938
2016 $26,810 $2,500 $29,310 $1,726
2015 $25,390 $2,370 $27,760 $1,655
2014 $25,390 $2,370 $27,760 $1,123
2013 $25,390 $2,370 $27,760 $1,126
2012 $26,610 $2,480 $29,090 $1,193
2011 $26,610 $2,480 $29,090 $1,178
2010 $26,190 $2,440 $28,630 $1,179
2009 $26,750 $2,490 $29,240 $1,175
2008 $26,350 $2,450 $28,800 $1,473
2006 $24,340 $2,260 $26,600 $1,694
2005 $23,520 $2,180 $25,700 $1,598

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,378 sqft
Lot size
10,800 sqft
ZIP code
61840
City
Dewey
Street
Railroad St
Coordinates
40.31897, -88.28738

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$855
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 402 Railroad St last sell?
402 Railroad St most recently sold on Jul 8, 2022 for $142,500.
What is the current tax assessment for 402 Railroad St?
The most recent total assessment for 402 Railroad St (year 2024) is $46,830 with $2,503 in property tax.
How does 402 Railroad St's assessment compare to its last sale price?
The current assessment is 67.1% below the last sale price of $142,500.
When was 402 Railroad St built?
402 Railroad St was built in 1962.
How does 402 Railroad St compare to others on Railroad St?
We track 3 other properties on Railroad St. Browse the list under "Other properties on Railroad St" to compare beds, baths, and sale history.
What are the property facts for 402 Railroad St?
402 Railroad St is a 3 bed, 2 bath, 1,378 sqft, 10,800 sqft lot single_family.
Is 402 Railroad St a flip candidate?
No — 402 Railroad St does not appear in our flips dataset.
Is 402 Railroad St a tax-appeal candidate?
No — 402 Railroad 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
-1.8%
Implied 1-yr
-7.1%
2026 Q2
$170.3K
2026 Q3
$166.9K
ZIP 61840 — Median Price History + Forecast

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