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209 Water St

Farmer City, IL 61842

3 bd 2 ba 1,660 sqft Built 1903 Lot 7,087 sqft single_family
Most recent sale
$154,900
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $154,900 MLS #11375644
Apr 14, 2022 Listed $154,900 MLS #11375644

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $62,668 $4,470 $67,138 $4,275
2023 $57,441 $4,097 $61,538 $4,301
2022 $49,353 $3,520 $52,873 $4,048
2021 $26,892 $3,364 $30,256 $2,364
2020 $27,313 $3,417 $30,730 $2,407
2019 $27,313 $3,417 $30,730 $2,405
2018 $26,673 $3,337 $30,010 $2,312
2017 $26,022 $3,209 $29,231 $2,347
2016 $25,512 $3,146 $28,658 $2,281
2015 $25,512 $3,146 $28,658 $2,211
2014 $25,512 $3,146 $28,658 $2,201
2013 $25,512 $3,146 $28,658 $2,232
2012 $25,512 $3,146 $28,658 $1,772
2010 $23,686 $1,683
2009 $27,492 $1,613
2008 $22,617 $1,563

Property facts

Year built
1903
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,660 sqft
Lot size
7,087 sqft
ZIP code
61842
City
Farmer City
Street
Water St
Coordinates
40.24230, -88.64420

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
$929
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 209 Water St last sell?
209 Water St most recently sold on Jun 17, 2022 for $154,900.
What is the current tax assessment for 209 Water St?
The most recent total assessment for 209 Water St (year 2024) is $67,138 with $4,275 in property tax.
How does 209 Water St's assessment compare to its last sale price?
The current assessment is 56.7% below the last sale price of $154,900.
When was 209 Water St built?
209 Water St was built in 1903.
How does 209 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 209 Water St?
209 Water St is a 3 bed, 2 bath, 1,660 sqft, 7,087 sqft lot single_family.
Is 209 Water St a flip candidate?
No — 209 Water St does not appear in our flips dataset.
Is 209 Water St a tax-appeal candidate?
No — 209 Water St 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$166.3K
2026 Q4
$166.2K
ZIP 61842 — Median Price History + Forecast

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