601 Market Ave
Effingham, IL 62401
4 bd 3 ba 3,121 sqft Built 1950 Lot 13,504 sqft single_family
Most recent sale
$73,333
Aug 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 4, 2022 | Sold | $73,333 | Public Record |
| Aug 2, 2022 | Sold | $220,000 | MRED |
| Jun 24, 2022 | Price changed | $244,900 | MLS #6221147 |
| Jun 14, 2022 | Price changed | $249,000 | MLS #6221147 |
| Jun 1, 2022 | Listed | $259,000 | MLS #6221147 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $43,920 | $8,220 | $52,140 | $3,117 |
| 2022 | $36,630 | $6,850 | $43,480 | $2,275 |
| 2021 | $36,270 | $6,780 | $43,050 | $2,324 |
| 2020 | $35,250 | $6,590 | $41,840 | $2,260 |
| 2019 | $34,900 | $6,520 | $41,420 | $2,209 |
| 2018 | $33,560 | $6,270 | $39,830 | $2,107 |
| 2017 | $32,900 | $6,150 | $39,050 | $2,055 |
| 2016 | $31,940 | $5,970 | $37,910 | $2,357 |
| 2015 | $31,010 | $5,800 | $36,810 | $2,293 |
| 2014 | $30,110 | $5,630 | $35,740 | $2,160 |
| 2013 | $29,520 | $5,520 | $35,040 | $2,110 |
| 2012 | $29,080 | $5,440 | $34,520 | $2,058 |
| 2010 | $29,080 | $5,440 | $34,520 | $2,061 |
| 2009 | $28,790 | $5,390 | $34,180 | $2,052 |
| 2008 | $27,420 | $5,130 | $32,550 | $1,989 |
| 2007 | $26,110 | $4,890 | $31,000 | $1,848 |
Property facts
Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,121 sqft
Lot size
13,504 sqft
ZIP code
62401
City
Effingham
Street
Market Ave
Coordinates
39.12325, -88.53606
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
$440
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 601 Market Ave last sell?
601 Market Ave most recently sold on Aug 4, 2022 for $73,333.
What is the current tax assessment for 601 Market Ave?
The most recent total assessment for 601 Market Ave (year 2024) is $52,140 with $3,117 in property tax.
How does 601 Market Ave's assessment compare to its last sale price?
The current assessment is 28.9% below the last sale price of $73,333.
When was 601 Market Ave built?
601 Market Ave was built in 1950.
How does 601 Market Ave compare to others on Market Ave?
We track 8 other properties on Market Ave. Browse the list under "Other properties on Market Ave" to compare beds, baths, and sale history.
What are the property facts for 601 Market Ave?
601 Market Ave is a 4 bed, 3 bath, 3,121 sqft, 13,504 sqft lot single_family.
Is 601 Market Ave a flip candidate?
No — 601 Market Ave does not appear in our flips dataset.
Is 601 Market Ave a tax-appeal candidate?
No — 601 Market Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.1%
Implied 1-yr
+24.2%
2026 Q3
$351.9K
2026 Q4
$367.2K
ZIP 62401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Market Ave