516 Will Ln
Forsyth, IL 62535
4 bd 4 ba 4,804 sqft Built 2004 Lot 14,375 sqft single_family
Most recent sale
$430,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $430,000 | MLS #11627219 |
| Sep 12, 2022 | Listed | $439,900 | MLS #11627219 |
| Jul 15, 2019 | Sold | $342,000 | Public Record |
| Jul 12, 2019 | Sold | $342,000 | MRED |
| May 16, 2019 | Listed | $354,900 | MLS #6193342 |
| Feb 17, 2015 | Sold | $350,000 | Public Record |
| Feb 13, 2015 | Sold | $350,000 | MRED |
| Jan 22, 2015 | Listing removed | $350,000 | DecaturIL |
| Jan 16, 2015 | Listed | $350,000 | MLS #6134125 |
| Oct 23, 2014 | Sold | $350,000 | Public Record |
| May 17, 2011 | Sold | $330,000 | Public Record |
| May 13, 2011 | Sold | $330,000 | MRED |
| Mar 25, 2011 | Listing removed | $360,000 | DecaturIL |
| Dec 14, 2010 | Price changed | $360,000 | MLS #185859 |
| Nov 22, 2010 | Listed | $369,900 | MLS #185859 |
| Nov 30, 2009 | Sold | $342,500 | Public Record |
| Nov 9, 2009 | Sold | $342,500 | MRED |
| Oct 18, 2009 | Listing removed | $374,900 | DecaturIL |
| Aug 2, 2009 | Price changed | $374,900 | MLS #182171 |
| Jul 13, 2009 | Price changed | $384,500 | MLS #182171 |
| May 17, 2009 | Listed | $394,000 | MLS #182171 |
| Jul 11, 2005 | Sold | $340,000 | Public Record |
| Jul 1, 2005 | Sold | $339,900 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $130,482 | $20,097 | $150,579 | $10,272 |
| 2023 | $121,866 | $18,770 | $140,636 | $9,673 |
| 2022 | $102,217 | $15,744 | $117,961 | $9,015 |
| 2021 | $98,136 | $14,964 | $113,100 | $8,486 |
| 2020 | $96,165 | $14,663 | $110,828 | $8,213 |
| 2019 | $96,107 | $14,654 | $110,761 | $7,999 |
| 2018 | $96,794 | $14,759 | $111,553 | $7,943 |
| 2017 | $96,360 | $14,693 | $111,053 | $7,870 |
| 2016 | $96,592 | $14,728 | $111,320 | $7,977 |
| 2015 | $95,447 | $14,553 | $110,000 | $8,176 |
| 2014 | $95,447 | $14,553 | $110,000 | $7,557 |
| 2013 | $95,447 | $14,553 | $110,000 | $7,479 |
| 2012 | $95,447 | $14,553 | $110,000 | $7,307 |
| 2011 | $101,760 | $14,850 | $116,610 | $8,212 |
| 2009 | $112,658 | $15,507 | $128,165 | $8,471 |
| 2007 | $108,069 | $14,876 | $122,945 | $7,912 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,804 sqft
Lot size
14,375 sqft
ZIP code
62535
City
Forsyth
Street
Will Ln
Coordinates
39.92885, -88.97572
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,580
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Will Ln last sell?
516 Will Ln most recently sold on Oct 7, 2022 for $430,000.
What is the current tax assessment for 516 Will Ln?
The most recent total assessment for 516 Will Ln (year 2024) is $150,579 with $10,272 in property tax.
How does 516 Will Ln's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $430,000.
When was 516 Will Ln built?
516 Will Ln was built in 2004.
How does 516 Will Ln compare to others on Will Ln?
We track 8 other properties on Will Ln. Browse the list under "Other properties on Will Ln" to compare beds, baths, and sale history.
What are the property facts for 516 Will Ln?
516 Will Ln is a 4 bed, 4 bath, 4,804 sqft, 14,375 sqft lot single_family.
Is 516 Will Ln a flip candidate?
No — 516 Will Ln does not appear in our flips dataset.
Is 516 Will Ln a tax-appeal candidate?
No — 516 Will Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.8%
2026 Q3
$219.3K
2026 Q4
$216.5K
ZIP 62535 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Will Ln