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509 Draco Dr

Freeburg, IL 62243

4 bd 2 ba 1,664 sqft Built 1979 Lot 16,466 sqft multi_family
Most recent sale
$178,500
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $178,500 MLS #22050075
Aug 15, 2022 Listed $178,500 MLS #22050075
Jun 7, 2021 Sold $144,000 MLS #21028938
Sep 1, 2012 Listing removed $169,000 SWIllinois
May 10, 2012 Listed $169,000 MLS #4105902

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $49,512 $12,273 $61,785 $5,165
2022 $41,119 $12,346 $53,465 $4,633
2021 $38,711 $11,623 $50,334 $4,488
2020 $37,140 $11,151 $48,291 $4,278
2019 $36,395 $10,929 $47,324 $4,249
2018 $35,914 $10,784 $46,698 $4,179
2017 $34,977 $10,503 $45,480 $4,044
2016 $34,338 $10,311 $44,649 $3,949
2015 $30,308 $10,324 $40,632 $3,471
2014 $29,769 $10,140 $39,909 $3,268
2013 $29,503 $10,050 $39,553 $3,117
2012 $42,627 $14,083 $56,710 $4,351
2011 $44,725 $14,776 $59,501 $4,489
2010 $44,405 $14,670 $59,075 $4,359
2009 $44,405 $14,670 $59,075 $4,243
2008 $43,445 $14,353 $57,798 $4,097
2007 $39,494 $10,429 $49,923 $3,568

Property facts

Year built
1979
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,664 sqft
Lot size
16,466 sqft
ZIP code
62243
City
Freeburg
Street
Draco Dr
Coordinates
38.41430, -89.89806

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,071
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Draco Dr last sell?
509 Draco Dr most recently sold on Sep 16, 2022 for $178,500.
What is the current tax assessment for 509 Draco Dr?
The most recent total assessment for 509 Draco Dr (year 2024) is $61,785 with $5,165 in property tax.
How does 509 Draco Dr's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $178,500.
When was 509 Draco Dr built?
509 Draco Dr was built in 1979.
How does 509 Draco Dr compare to others on Draco Dr?
We track 2 other properties on Draco Dr. Browse the list under "Other properties on Draco Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Draco Dr?
509 Draco Dr is a 4 bed, 2 bath, 1,664 sqft, 16,466 sqft lot multi_family.
Is 509 Draco Dr a flip candidate?
Yes — 509 Draco Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 509 Draco Dr a tax-appeal candidate?
No — 509 Draco Dr 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
-3.9%
Implied 1-yr
-15.6%
2026 Q3
$200.3K
2026 Q4
$200.3K
ZIP 62243 — Median Price History + Forecast

Explore nearby

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