504 Raef Rd
Downs, IL 61736
3 bd 4 ba 1,890 sqft Built 2016 Lot 10,115 sqft single_family
Most recent sale
$412,500
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $412,500 | MLS #11432159 |
| Jun 15, 2022 | Listed | $409,500 | MLS #11432159 |
| Nov 5, 2019 | Sold | $311,750 | MLS #10520824 |
| Apr 19, 2018 | Sold | $295,500 | MLS #2164541 |
| Oct 3, 2017 | Sold | $295,500 | Public Record |
| Jun 29, 2017 | Price changed | $299,500 | MLS #2164541 |
| May 22, 2017 | Price changed | $307,000 | MLS #2164541 |
| Dec 1, 2016 | Listed | $312,000 | MLS #2164541 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $128,130 | $30,861 | $158,991 | $12,673 |
| 2022 | $82,088 | $25,059 | $107,147 | $8,688 |
| 2021 | $78,946 | $21,518 | $100,464 | $8,321 |
| 2020 | $78,946 | $21,518 | $100,464 | $8,332 |
| 2019 | $78,946 | $21,518 | $100,464 | $8,326 |
| 2018 | $78,327 | $21,349 | $99,676 | $8,253 |
| 2017 | $16,055 | $6,845 | $22,900 | $2,020 |
Property facts
Year built
2016
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
1,890 sqft
Lot size
10,115 sqft
ZIP code
61736
City
Downs
Street
Raef Rd
Coordinates
40.40319, -88.88321
Comparable properties nearby
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
$3,402
Gross rental yield
9.90%
Implied cap rate
6.43%
Trend-extrapolated value
—
Frequently asked questions
When did 504 Raef Rd last sell?
504 Raef Rd most recently sold on Jul 15, 2022 for $412,500.
What is the current tax assessment for 504 Raef Rd?
The most recent total assessment for 504 Raef Rd (year 2024) is $158,991 with $12,673 in property tax.
How does 504 Raef Rd's assessment compare to its last sale price?
The current assessment is 61.5% below the last sale price of $412,500.
When was 504 Raef Rd built?
504 Raef Rd was built in 2016.
How does 504 Raef Rd compare to others on Raef Rd?
We track 8 other properties on Raef Rd. Browse the list under "Other properties on Raef Rd" to compare beds, baths, and sale history.
What are the property facts for 504 Raef Rd?
504 Raef Rd is a 3 bed, 4 bath, 1,890 sqft, 10,115 sqft lot single_family.
Is 504 Raef Rd a flip candidate?
No — 504 Raef Rd does not appear in our flips dataset.
Is 504 Raef Rd a tax-appeal candidate?
No — 504 Raef Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+12.0%
2026 Q3
$337.3K
2026 Q4
$345.7K