515 Market St
Farmer City, IL 61842
2 bd 2 ba 775 sqft Built 1950 Lot 5,663 sqft single_family
Most recent sale
$90,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2023 | Sold | $135,000 | MRED |
| Aug 15, 2023 | Listed | $134,999 | MRED |
| Sep 2, 2022 | Sold | $90,000 | MLS #11463080 |
| Jul 16, 2022 | Listed | $85,000 | MLS #11463080 |
| Aug 9, 2016 | Sold | $56,500 | Public Record |
| Jun 25, 2013 | Listing removed | $61,900 | ChampaignArea |
| Jun 19, 2013 | Price changed | $61,900 | MLS #2134132 |
| May 16, 2013 | Listed | $66,900 | MLS #2134132 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $32,878 | $5,216 | $38,094 | $2,744 |
| 2023 | $30,136 | $4,781 | $34,917 | $2,463 |
| 2022 | $17,454 | $4,108 | $21,562 | $1,504 |
| 2021 | $16,685 | $3,927 | $20,612 | $1,424 |
| 2020 | $16,946 | $3,988 | $20,934 | $1,453 |
| 2019 | $16,946 | $3,988 | $20,934 | $1,452 |
| 2018 | $16,549 | $3,895 | $20,444 | $1,391 |
| 2017 | $16,145 | $3,745 | $19,890 | $1,404 |
| 2016 | $15,828 | $3,672 | $19,500 | $1,359 |
| 2015 | $15,828 | $3,672 | $19,500 | $1,317 |
| 2014 | $15,828 | $3,672 | $19,500 | $1,311 |
| 2013 | $19,695 | $3,672 | $23,367 | $1,711 |
| 2012 | $19,695 | $3,672 | $23,367 | $1,682 |
| 2010 | — | — | $22,864 | $1,605 |
| 2009 | — | — | $22,416 | $1,546 |
| 2008 | — | — | $21,912 | $1,499 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
775 sqft
Lot size
5,663 sqft
ZIP code
61842
City
Farmer City
Street
Market St
Coordinates
40.24439, -88.63729
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
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 515 Market St last sell?
515 Market St most recently sold on Sep 2, 2022 for $90,000.
What is the current tax assessment for 515 Market St?
The most recent total assessment for 515 Market St (year 2024) is $38,094 with $2,744 in property tax.
How does 515 Market St's assessment compare to its last sale price?
The current assessment is 57.7% below the last sale price of $90,000.
When was 515 Market St built?
515 Market St was built in 1950.
How does 515 Market St compare to others on Market St?
We track 8 other properties on Market St. Browse the list under "Other properties on Market St" to compare beds, baths, and sale history.
What are the property facts for 515 Market St?
515 Market St is a 2 bed, 2 bath, 775 sqft, 5,663 sqft lot single_family.
Is 515 Market St a flip candidate?
Yes — 515 Market St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 515 Market St a tax-appeal candidate?
No — 515 Market St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$166.3K
2026 Q4
$166.2K
ZIP 61842 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Market St