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605 Market Ave

Effingham, IL 62401

4 bd 3 ba 3,600 sqft Built 1950 Lot 14,375 sqft single_family
Most recent sale
$290,000
Feb 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2024 Sold $300,000 MRED
Jun 8, 2024 Price changed $309,900 MRED
Jun 4, 2024 Price changed $309,900 CentralIllinois
Apr 8, 2024 Price changed $318,900 MRED
Jan 16, 2024 Price changed $319,900 MRED
Dec 13, 2023 Listed $329,900 MRED
Feb 18, 2022 Sold $290,000 MRED
Jan 4, 2022 Listing removed CentralIllinois
Dec 30, 2021 Listed $299,000 CentralIllinois
Jun 22, 2021 Sold $284,000 MRED
Jun 8, 2021 Listing removed CentralIllinois
May 10, 2021 Listed $294,900 CentralIllinois
Jun 21, 2011 Listing removed $87,900 CentralIllinois
Dec 15, 2000 Sold $84,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $67,490 $11,650 $79,140 $4,941
2022 $56,280 $9,720 $66,000 $4,186
2021 $55,720 $9,620 $65,340 $4,303
2020 $54,150 $9,350 $63,500 $4,213
2019 $53,610 $9,260 $62,870 $4,129
2018 $51,550 $8,900 $60,450 $3,979
2017 $50,540 $8,730 $59,270 $3,902
2016 $49,070 $8,480 $57,550 $3,808
2015 $47,640 $8,230 $55,870 $3,710
2014 $46,250 $7,990 $54,240 $3,503
2013 $45,340 $7,830 $53,170 $3,426
2012 $44,670 $7,710 $52,380 $3,346
2010 $39,320 $7,710 $47,030 $2,094
2009 $38,930 $7,630 $46,560 $2,084
2008 $37,080 $7,270 $44,350 $2,856
2007 $35,310 $6,920 $42,230 $2,645

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,600 sqft
Lot size
14,375 sqft
ZIP code
62401
City
Effingham
Street
Market Ave
Coordinates
39.12324, -88.53557

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,740
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 605 Market Ave last sell?
605 Market Ave most recently sold on Feb 18, 2022 for $290,000.
What is the current tax assessment for 605 Market Ave?
The most recent total assessment for 605 Market Ave (year 2024) is $79,140 with $4,941 in property tax.
How does 605 Market Ave's assessment compare to its last sale price?
The current assessment is 72.7% below the last sale price of $290,000.
When was 605 Market Ave built?
605 Market Ave was built in 1950.
How does 605 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 605 Market Ave?
605 Market Ave is a 4 bed, 3 bath, 3,600 sqft, 14,375 sqft lot single_family.
Is 605 Market Ave a flip candidate?
No — 605 Market Ave does not appear in our flips dataset.
Is 605 Market Ave a tax-appeal candidate?
No — 605 Market 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
+6.1%
Implied 1-yr
+24.2%
2026 Q3
$351.9K
2026 Q4
$367.2K
ZIP 62401 — Median Price History + Forecast

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