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310 Water St

Farmer City, IL 61842

3 bd 1 ba 1,473 sqft Built 1923 Lot 5,500 sqft single_family
Most recent sale
$96,900
Feb 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 9, 2022 Sold $96,900 MLS #11282194
Dec 6, 2021 Listed $94,900 MLS #11282194

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $38,495 $3,358 $41,853 $3,071
2023 $35,284 $3,078 $38,362 $2,763
2022 $30,316 $2,644 $32,960 $2,606
2021 $18,277 $2,527 $20,804 $2,027
2020 $18,563 $2,567 $21,130 $2,056
2019 $18,563 $2,567 $21,130 $2,055
2018 $18,128 $2,507 $20,635 $1,987
2017 $17,686 $2,411 $20,097 $2,031
2016 $17,339 $2,364 $19,703 $1,984
2015 $17,339 $2,364 $19,703 $1,922
2014 $17,339 $2,364 $19,703 $1,914
2013 $17,339 $2,364 $19,703 $1,941
2012 $17,339 $2,364 $19,703 $1,908
2010 $19,279 $1,834
2009 $18,901 $1,765
2008 $18,476 $1,688

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,473 sqft
Lot size
5,500 sqft
ZIP code
61842
City
Farmer City
Street
Water St
Coordinates
40.24276, -88.64535

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
$581
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 310 Water St last sell?
310 Water St most recently sold on Feb 9, 2022 for $96,900.
What is the current tax assessment for 310 Water St?
The most recent total assessment for 310 Water St (year 2024) is $41,853 with $3,071 in property tax.
How does 310 Water St's assessment compare to its last sale price?
The current assessment is 56.8% below the last sale price of $96,900.
When was 310 Water St built?
310 Water St was built in 1923.
How does 310 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 310 Water St?
310 Water St is a 3 bed, 1 bath, 1,473 sqft, 5,500 sqft lot single_family.
Is 310 Water St a flip candidate?
No — 310 Water St does not appear in our flips dataset.
Is 310 Water St a tax-appeal candidate?
No — 310 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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