304 Water St
Farmer City, IL 61842
2 bd 2 ba 1,356 sqft Built 1933 Lot 10,415 sqft single_family
Most recent sale
$150,000
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $150,000 | MLS #11483999 |
| Aug 19, 2022 | Price changed | $159,900 | MLS #11483999 |
| Aug 4, 2022 | Listed | $164,900 | MLS #11483999 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $55,504 | $6,716 | $62,220 | $4,843 |
| 2023 | $50,874 | $6,156 | $57,030 | $4,387 |
| 2022 | $24,770 | $5,290 | $30,060 | $1,692 |
| 2021 | $23,679 | $5,057 | $28,736 | $1,705 |
| 2020 | $24,049 | $5,136 | $29,185 | $1,703 |
| 2019 | $24,049 | $5,136 | $29,185 | $1,702 |
| 2018 | $23,485 | $5,016 | $28,501 | $1,685 |
| 2017 | $22,912 | $4,823 | $27,735 | $1,691 |
| 2016 | $22,463 | $4,728 | $27,191 | $1,630 |
| 2015 | $22,463 | $4,728 | $27,191 | $1,580 |
| 2014 | $22,463 | $4,728 | $27,191 | $1,573 |
| 2013 | $22,463 | $4,728 | $27,191 | $1,595 |
| 2012 | $22,463 | $4,728 | $27,191 | $1,665 |
| 2010 | — | — | $26,605 | $1,580 |
| 2009 | — | — | $26,083 | $1,524 |
| 2008 | — | — | $25,497 | $1,461 |
Property facts
Year built
1933
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,356 sqft
Lot size
10,415 sqft
ZIP code
61842
City
Farmer City
Street
Water St
Coordinates
40.24276, -88.64511
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
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 304 Water St last sell?
304 Water St most recently sold on Oct 3, 2022 for $150,000.
What is the current tax assessment for 304 Water St?
The most recent total assessment for 304 Water St (year 2024) is $62,220 with $4,843 in property tax.
How does 304 Water St's assessment compare to its last sale price?
The current assessment is 58.5% below the last sale price of $150,000.
When was 304 Water St built?
304 Water St was built in 1933.
How does 304 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 304 Water St?
304 Water St is a 2 bed, 2 bath, 1,356 sqft, 10,415 sqft lot single_family.
Is 304 Water St a flip candidate?
No — 304 Water St does not appear in our flips dataset.
Is 304 Water St a tax-appeal candidate?
No — 304 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