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585 Main St

Farmington, IL 61531

2 bd 2 ba 1,107 sqft Lot 19,040 sqft single_family
Most recent sale
$100,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $100,000 Public Record
Apr 18, 2022 Sold $99,900 MLS #PA1232573
Mar 22, 2022 Listed $99,900 MLS #PA1232573

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $27,210 $5,210 $32,420 $2,342
2023 $27,210 $5,210 $32,420 $2,413
2022 $25,030 $4,790 $29,820 $1,782
2021 $21,780 $4,790 $26,570 $1,574
2020 $21,060 $4,630 $25,690 $1,501
2019 $21,400 $4,700 $26,100 $1,600
2018 $20,990 $4,610 $25,600 $1,560
2017 $20,990 $4,610 $25,600 $1,537
2016 $20,270 $4,450 $24,720 $1,470
2015 $20,270 $4,450 $24,720 $1,480
2014 $19,750 $4,340 $24,090 $1,384
2013 $19,750 $4,340 $24,090 $672
2012 $19,270 $4,230 $23,500 $1,403
2011 $20,500 $4,500 $25,000 $1,360
2008 $24,990 $4,500 $29,490 $1,830
2007 $23,790 $4,290 $28,080 $1,876

Property facts

Year built
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,107 sqft
Lot size
19,040 sqft
ZIP code
61531
City
Farmington
Street
Main St
Coordinates
40.70528, -90.00512

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
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 585 Main St last sell?
585 Main St most recently sold on Apr 19, 2022 for $100,000.
What is the current tax assessment for 585 Main St?
The most recent total assessment for 585 Main St (year 2024) is $32,420 with $2,342 in property tax.
How does 585 Main St's assessment compare to its last sale price?
The current assessment is 67.6% below the last sale price of $100,000.
When was 585 Main St built?
The year built for 585 Main St is not in our records.
How does 585 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 585 Main St?
585 Main St is a 2 bed, 2 bath, 1,107 sqft, 19,040 sqft lot single_family.
Is 585 Main St a flip candidate?
No — 585 Main St does not appear in our flips dataset.
Is 585 Main St a tax-appeal candidate?
No — 585 Main 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
-0.3%
Implied 1-yr
-1.2%
2026 Q2
$125.1K
2026 Q3
$124.8K
ZIP 61531 — Median Price History + Forecast

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