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406 Balsam St

Forreston, IL 61030

4 bd 2 ba 1,668 sqft Built 1900 single_family
Most recent sale
$115,000
Mar 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 5, 2026 Price changed $170,000 MRED
Mar 9, 2026 Listed $179,900 MRED
Jan 20, 2026 Price changed $189,000 MRED
Dec 4, 2025 Listed $199,000 MRED
Mar 8, 2022 Sold $115,000 MLS #11316281
Feb 2, 2022 Listed $124,900 MLS #11316281
Mar 7, 2017 Sold $59,000 Public Record
Sep 10, 2012 Sold $49,300 Public Record
Aug 25, 2012 Listing removed $59,000 Freeport
Jul 11, 2012 Listed $59,000 MLS #20121414

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $29,982 $3,931 $33,913 $2,472
2022 $25,589 $3,355 $28,944 $2,646
2021 $24,950 $3,271 $28,221 $2,594
2020 $24,509 $3,213 $27,722 $2,536
2019 $23,510 $3,082 $26,592 $2,484
2018 $23,510 $3,082 $26,592 $2,518
2017 $23,510 $3,082 $26,592 $2,557
2016 $22,952 $3,009 $25,961 $2,048
2015 $22,414 $2,938 $25,352 $2,558
2014 $22,414 $2,938 $25,352 $1,867
2013 $22,972 $3,011 $25,983 $1,893
2012 $24,235 $3,177 $27,412 $1,595
2011 $25,271 $3,313 $28,584 $1,695
2010 $25,887 $3,394 $29,281 $426
2009 $25,887 $3,394 $29,281 $421
2007 $24,772 $3,248 $28,020 $552
2006 $24,772 $3,248 $28,020 $578

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,668 sqft
Lot size
ZIP code
61030
City
Forreston
Street
Balsam St
Coordinates
42.12657, -89.58371

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Balsam St last sell?
406 Balsam St most recently sold on Mar 8, 2022 for $115,000.
What is the current tax assessment for 406 Balsam St?
The most recent total assessment for 406 Balsam St (year 2024) is $33,913 with $2,472 in property tax.
How does 406 Balsam St's assessment compare to its last sale price?
The current assessment is 70.5% below the last sale price of $115,000.
When was 406 Balsam St built?
406 Balsam St was built in 1900.
How does 406 Balsam St compare to others on Balsam St?
We track 4 other properties on Balsam St. Browse the list under "Other properties on Balsam St" to compare beds, baths, and sale history.
What are the property facts for 406 Balsam St?
406 Balsam St is a 4 bed, 2 bath, 1,668 sqft single_family.
Is 406 Balsam St a flip candidate?
No — 406 Balsam St does not appear in our flips dataset.
Is 406 Balsam St a tax-appeal candidate?
No — 406 Balsam 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
+8.3%
Implied 1-yr
+33.1%
2026 Q1
$192.9K
2026 Q2
$203.2K
ZIP 61030 — Median Price History + Forecast

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