123 Water St
Farmer City, IL 61842
3 bd 2 ba 1,774 sqft Built 1880 Lot 10,128 sqft single_family
Most recent sale
$129,000
Jun 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 23, 2022 | Sold | $129,000 | MLS #11394246 |
| May 4, 2022 | Listed | $129,900 | MLS #11394246 |
| Dec 14, 2016 | Listing removed | $99,500 | BloomingtonNormal |
| Apr 25, 2016 | Listed | $99,500 | MLS #2161630 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $53,256 | $2,983 | $56,239 | $4,322 |
| 2023 | $48,814 | $2,734 | $51,548 | $3,910 |
| 2022 | $41,941 | $2,349 | $44,290 | $3,702 |
| 2021 | $34,727 | $2,246 | $36,973 | $3,018 |
| 2020 | $35,270 | $2,281 | $37,551 | $3,070 |
| 2019 | $35,270 | $2,281 | $37,551 | $3,068 |
| 2018 | $34,443 | $2,228 | $36,671 | $2,953 |
| 2017 | $33,603 | $2,142 | $35,745 | $3,006 |
| 2016 | $32,944 | $2,100 | $35,044 | $2,924 |
| 2015 | $32,944 | $2,100 | $35,044 | $2,834 |
| 2014 | $32,944 | $2,100 | $35,044 | $2,821 |
| 2013 | $32,944 | $2,100 | $35,044 | $2,861 |
| 2012 | $32,944 | $2,100 | $35,044 | $2,812 |
| 2010 | — | — | $34,290 | $2,692 |
| 2009 | — | — | $33,618 | $2,592 |
| 2008 | — | — | $32,862 | $2,499 |
Property facts
Year built
1880
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,774 sqft
Lot size
10,128 sqft
ZIP code
61842
City
Farmer City
Street
Water St
Coordinates
40.24230, -88.64375
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
$774
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 123 Water St last sell?
123 Water St most recently sold on Jun 23, 2022 for $129,000.
What is the current tax assessment for 123 Water St?
The most recent total assessment for 123 Water St (year 2024) is $56,239 with $4,322 in property tax.
How does 123 Water St's assessment compare to its last sale price?
The current assessment is 56.4% below the last sale price of $129,000.
When was 123 Water St built?
123 Water St was built in 1880.
How does 123 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 123 Water St?
123 Water St is a 3 bed, 2 bath, 1,774 sqft, 10,128 sqft lot single_family.
Is 123 Water St a flip candidate?
No — 123 Water St does not appear in our flips dataset.
Is 123 Water St a tax-appeal candidate?
No — 123 Water 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 Water St