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7246 Old Highway 50

Flora, IL 62839

4 bd 3 ba 2,389 sqft Built 1988 Lot 43,560 sqft single_family
Most recent sale
$243,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $243,000 MLS #11077243
May 19, 2022 Listed $249,000 MLS #11077243
Apr 4, 2017 Sold $155,000 MLS #408633
Jan 24, 2017 Price changed $159,900 MLS #408633
Nov 14, 2016 Price changed $168,000 MLS #408633
Sep 5, 2016 Listed $174,900 MLS #408633
Jun 22, 2009 Sold $145,000 Public Record
Jan 1, 2009 Sold $145,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $86,117 $4,751 $90,868 $4,648
2023 $77,270 $4,263 $81,533 $4,428
2022 $48,975 $3,518 $52,493 $3,115
2021 $48,128 $3,457 $51,585 $3,094
2020 $46,188 $3,318 $49,506 $2,985
2019 $46,188 $3,318 $49,506 $3,015
2018 $44,593 $3,196 $47,789 $2,968
2017 $43,796 $3,139 $46,935 $2,947
2016 $42,246 $3,028 $45,274 $2,852
2015 $42,246 $3,028 $45,274 $2,902
2014 $41,981 $3,028 $45,009 $2,815
2013 $40,925 $2,952 $43,877 $2,677
2012 $39,343 $2,838 $42,181 $2,377
2010 $39,189 $2,838 $42,027 $2,485
2009 $38,390 $2,780 $41,170 $2,378
2008 $37,845 $2,741 $40,586 $2,354
2007 $38,402 $2,781 $41,183 $2,274
2006 $37,966 $2,781 $40,747 $2,327

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,389 sqft
Lot size
43,560 sqft
ZIP code
62839
City
Flora
Street
Old Highway 50
Coordinates
38.66332, -88.52507

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,458
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7246 Old Highway 50 last sell?
7246 Old Highway 50 most recently sold on Jun 29, 2022 for $243,000.
What is the current tax assessment for 7246 Old Highway 50?
The most recent total assessment for 7246 Old Highway 50 (year 2024) is $90,868 with $4,648 in property tax.
How does 7246 Old Highway 50's assessment compare to its last sale price?
The current assessment is 62.6% below the last sale price of $243,000.
When was 7246 Old Highway 50 built?
7246 Old Highway 50 was built in 1988.
How does 7246 Old Highway 50 compare to others on Old Highway 50?
We track 8 other properties on Old Highway 50. Browse the list under "Other properties on Old Highway 50" to compare beds, baths, and sale history.
What are the property facts for 7246 Old Highway 50?
7246 Old Highway 50 is a 4 bed, 3 bath, 2,389 sqft, 43,560 sqft lot single_family.
Is 7246 Old Highway 50 a flip candidate?
No — 7246 Old Highway 50 does not appear in our flips dataset.
Is 7246 Old Highway 50 a tax-appeal candidate?
No — 7246 Old Highway 50 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
+5.3%
Implied 1-yr
+21.3%
2026 Q3
$189.6K
2026 Q4
$197.1K
ZIP 62839 — Median Price History + Forecast

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