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40 Irma Ln

Fairview Heights, IL 62208

3 bd 2 ba 1,024 sqft Built 1962 Lot 9,453 sqft single_family
Most recent sale
$110,000
May 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 10, 2024 Sold $120,000 MARIS
Apr 11, 2024 Price changed $124,900 MARIS
Mar 18, 2024 Price changed $134,900 MARIS
Jan 30, 2024 Listed $139,900 MARIS
May 20, 2021 Sold $110,000 MARIS
Jan 20, 2021 Listed $110,000 MARIS
Feb 4, 2020 Sold $102,000 MARIS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $27,924 $3,236 $31,160 $2,459
2022 $10,712 $2,807 $13,519 $1,170
2021 $10,167 $2,664 $12,831 $1,117
2020 $9,978 $2,615 $12,593 $1,099
2019 $9,631 $2,524 $12,155 $538
2018 $10,296 $2,697 $12,993 $611
2017 $10,014 $2,623 $12,637 $579
2016 $9,879 $2,588 $12,467 $580
2015 $9,656 $2,530 $12,186 $544
2014 $18,627 $2,540 $21,167 $1,228
2013 $18,970 $2,587 $21,557 $1,222
2012 $19,401 $2,646 $22,047 $1,197
2011 $20,123 $2,745 $22,868 $1,300
2010 $20,349 $2,776 $23,125 $1,338
2009 $20,349 $2,776 $23,125 $1,279
2008 $19,657 $2,682 $22,339 $1,175
2007 $19,090 $2,605 $21,695 $1,146

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,024 sqft
Lot size
9,453 sqft
ZIP code
62208
City
Fairview Heights
Street
Irma Ln
Coordinates
38.59528, -89.99660

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
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Irma Ln last sell?
40 Irma Ln most recently sold on May 20, 2021 for $110,000.
What is the current tax assessment for 40 Irma Ln?
The most recent total assessment for 40 Irma Ln (year 2024) is $31,160 with $2,459 in property tax.
How does 40 Irma Ln's assessment compare to its last sale price?
The current assessment is 71.7% below the last sale price of $110,000.
When was 40 Irma Ln built?
40 Irma Ln was built in 1962.
How does 40 Irma Ln compare to others on Irma Ln?
We track 4 other properties on Irma Ln. Browse the list under "Other properties on Irma Ln" to compare beds, baths, and sale history.
What are the property facts for 40 Irma Ln?
40 Irma Ln is a 3 bed, 2 bath, 1,024 sqft, 9,453 sqft lot single_family.
Is 40 Irma Ln a flip candidate?
No — 40 Irma Ln does not appear in our flips dataset.
Is 40 Irma Ln a tax-appeal candidate?
No — 40 Irma Ln 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
+4.1%
Implied 1-yr
+16.2%
2026 Q2
$356.3K
2026 Q3
$356.3K
ZIP 62208 — Median Price History + Forecast

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