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511 Madison Ave

Dixon, IL 61021

3 bd 3 ba 2,082 sqft Built 1975 Lot 14,810 sqft single_family
Most recent sale
$158,000
Feb 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 1, 2022 Sold $158,000 MLS #11275704
Dec 13, 2021 Price changed $159,900 MLS #11275704
Nov 23, 2021 Listed $165,000 MLS #11275704
Aug 30, 2016 Sold $117,000 MLS #09247083
Jun 4, 2016 Listed $119,900 MLS #09247083
Jun 3, 2016 Listing removed $110,000 MRED
Jun 1, 2016 Listed $110,000 MLS #09247041
Jan 11, 2008 Sold $108,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $50,961 $8,886 $59,847 $4,932
2023 $46,753 $8,152 $54,905 $4,544
2022 $42,120 $7,344 $49,464 $4,154
2021 $33,088 $6,853 $39,941 $3,276
2020 $31,512 $6,527 $38,039 $3,127
2019 $30,594 $6,337 $36,931 $3,036
2018 $29,994 $6,213 $36,207 $2,909
2017 $28,840 $5,974 $34,814 $2,771
2016 $27,196 $5,893 $33,089 $2,619
2015 $27,196 $5,893 $33,089 $2,511
2014 $27,196 $5,893 $33,089 $2,468
2013 $26,927 $5,835 $32,762 $2,459
2012 $27,760 $6,015 $33,775 $2,476
2011 $27,760 $6,015 $33,775 $2,397
2010 $27,760 $6,015 $33,775 $2,397
2009 $27,216 $5,897 $33,113 $2,314
2008 $25,200 $5,460 $30,660 $1,831
2006 $22,660 $5,150 $27,810 $991
2005 $24,450 $5,118 $29,568 $991

Property facts

Year built
1975
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,082 sqft
Lot size
14,810 sqft
ZIP code
61021
City
Dixon
Street
Madison Ave
Coordinates
41.83823, -89.48637

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$948
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 511 Madison Ave last sell?
511 Madison Ave most recently sold on Feb 1, 2022 for $158,000.
What is the current tax assessment for 511 Madison Ave?
The most recent total assessment for 511 Madison Ave (year 2024) is $59,847 with $4,932 in property tax.
How does 511 Madison Ave's assessment compare to its last sale price?
The current assessment is 62.1% below the last sale price of $158,000.
When was 511 Madison Ave built?
511 Madison Ave was built in 1975.
How does 511 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 511 Madison Ave?
511 Madison Ave is a 3 bed, 3 bath, 2,082 sqft, 14,810 sqft lot single_family.
Is 511 Madison Ave a flip candidate?
No — 511 Madison Ave does not appear in our flips dataset.
Is 511 Madison Ave a tax-appeal candidate?
No — 511 Madison Ave 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
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$154.9K
2026 Q4
$158.5K
ZIP 61021 — Median Price History + Forecast

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