40 Prairie Ln
Fairbury, IL 61739
4 bd 3 ba 2,212 sqft Built 1999 Lot 25,500 sqft single_family
Most recent sale
$260,000
Feb 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2024 | Sold | $279,000 | Public Record |
| Feb 15, 2022 | Sold | $260,000 | MLS #11267618 |
| Nov 10, 2021 | Listed | $269,900 | MLS #11267618 |
| Feb 26, 2019 | Listing removed | $189,000 | MRED |
| Aug 19, 2016 | Sold | $215,000 | MLS #106788 |
| Jun 22, 2016 | Price changed | $224,900 | MLS #106788 |
| May 27, 2016 | Listed | $229,900 | MLS #106788 |
| Jan 1, 2016 | Sold | $215,000 | Public Record |
| Jul 14, 1999 | Sold | $164,500 | Public Record |
| Jan 1, 1999 | Sold | $164,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $80,352 | $16,036 | $96,388 | $8,316 |
| 2023 | $71,297 | $14,499 | $85,796 | $7,528 |
| 2022 | $67,287 | $14,645 | $81,932 | $7,178 |
| 2021 | $63,121 | $13,738 | $76,859 | $6,802 |
| 2020 | $60,693 | $13,210 | $73,903 | $6,585 |
| 2019 | $58,230 | $12,674 | $70,904 | $6,383 |
| 2018 | $55,860 | $12,972 | $68,832 | $6,209 |
| 2017 | $57,058 | $13,250 | $70,308 | $6,272 |
| 2016 | $57,058 | $13,250 | $70,308 | $6,230 |
| 2015 | $55,396 | $12,864 | $68,260 | $6,024 |
| 2014 | $56,840 | $12,864 | $69,704 | $6,389 |
| 2013 | $58,731 | $13,292 | $72,023 | $6,493 |
| 2012 | $59,384 | $13,440 | $72,824 | $6,504 |
| 2011 | $59,670 | $13,505 | $73,175 | $6,432 |
| 2010 | $55,856 | $12,862 | $68,718 | $5,977 |
| 2009 | $55,856 | $12,862 | $68,718 | $5,917 |
| 2008 | $55,856 | $12,862 | $68,718 | $5,946 |
| 2005 | $55,487 | $12,487 | $67,974 | $5,598 |
Property facts
Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,212 sqft
Lot size
25,500 sqft
ZIP code
61739
City
Fairbury
Street
Prairie Ln
Coordinates
40.73753, -88.50104
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Prairie Ln last sell?
40 Prairie Ln most recently sold on Feb 15, 2022 for $260,000.
What is the current tax assessment for 40 Prairie Ln?
The most recent total assessment for 40 Prairie Ln (year 2024) is $96,388 with $8,316 in property tax.
How does 40 Prairie Ln's assessment compare to its last sale price?
The current assessment is 62.9% below the last sale price of $260,000.
When was 40 Prairie Ln built?
40 Prairie Ln was built in 1999.
How does 40 Prairie Ln compare to others on Prairie Ln?
We track 2 other properties on Prairie Ln. Browse the list under "Other properties on Prairie Ln" to compare beds, baths, and sale history.
What are the property facts for 40 Prairie Ln?
40 Prairie Ln is a 4 bed, 3 bath, 2,212 sqft, 25,500 sqft lot single_family.
Is 40 Prairie Ln a flip candidate?
No — 40 Prairie Ln does not appear in our flips dataset.
Is 40 Prairie Ln a tax-appeal candidate?
No — 40 Prairie Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.4%
Implied 1-yr
+13.6%
2026 Q2
$199.4K
2026 Q3
$204.9K
ZIP 61739 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prairie Ln