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315 School St

Diamond, IL 60416

2 bd 1 ba 1,038 sqft Built 1996 Lot 5,810 sqft multi_family
Most recent sale
$132,500
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 25, 2025 Listing removed $1,600 MRED
Nov 1, 2025 Listed for rent $1,600 MRED
Apr 29, 2022 Sold $132,500 MLS #11270910
Mar 29, 2022 Listing removed $138,900 MRED
Nov 15, 2021 Listed $135,000 MLS #11270910

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $41,867 $5,240 $47,107 $2,711
2022 $36,691 $4,592 $41,283 $2,441
2020 $67,966 $8,145 $76,111 $4,485
2019 $64,119 $7,684 $71,803 $4,234
2018 $64,240 $7,698 $71,938 $4,241
2017 $61,918 $7,420 $69,338 $4,111
2016 $61,469 $7,366 $68,835 $4,063
2015 $59,436 $7,122 $66,558 $3,884
2014 $58,488 $7,008 $65,496 $3,708
2013 $59,590 $7,140 $66,730 $3,716
2012 $61,570 $7,380 $68,950 $3,765
2011 $65,040 $7,790 $72,830 $3,776
2010 $66,890 $8,010 $74,900 $3,682
2009 $68,420 $8,190 $76,610 $3,377
2008 $66,370 $7,940 $74,310 $3,193
2007 $64,240 $7,680 $71,920 $3,193

Property facts

Year built
1996
Property type
multi_family
Stories
1
Beds
2
Baths
1
Living area
1,038 sqft
Lot size
5,810 sqft
ZIP code
60416
City
Diamond
Street
School St
Coordinates
41.29171, -88.25104

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$795
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 315 School St last sell?
315 School St most recently sold on Apr 29, 2022 for $132,500.
What is the current tax assessment for 315 School St?
The most recent total assessment for 315 School St (year 2024) is $47,107 with $2,711 in property tax.
How does 315 School St's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $132,500.
When was 315 School St built?
315 School St was built in 1996.
How does 315 School St compare to others on School St?
We track 8 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 315 School St?
315 School St is a 2 bed, 1 bath, 1,038 sqft, 5,810 sqft lot multi_family.
Is 315 School St a flip candidate?
No — 315 School St does not appear in our flips dataset.
Is 315 School St a tax-appeal candidate?
No — 315 School 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
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$309.5K
2026 Q4
$313.5K
ZIP 60416 — Median Price History + Forecast

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