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551 Center St

Freeport, IL 61032

5 bd 1 ba 1,728 sqft Built 1900 Lot 6,970 sqft single_family
Most recent sale
$18,000
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $18,000 MLS #11324497
Feb 14, 2022 Listed $21,900 MLS #11324497

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $8,502 $1,200 $9,702 $1,086
2023 $8,502 $1,200 $9,702 $890
2022 $5,761 $1,239 $7,000 $868
2021 $5,761 $1,239 $7,000 $887
2020 $5,581 $1,200 $6,781 $882
2019 $5,325 $1,200 $6,525 $860
2018 $5,170 $1,200 $6,370 $841
2017 $5,061 $1,200 $6,261 $827
2016 $5,125 $1,200 $6,325 $826
2015 $6,567 $1,100 $7,667 $987
2014 $6,718 $1,125 $7,843 $980
2013 $9,204 $1,160 $10,364 $1,239
2012 $9,523 $1,200 $10,723 $1,219
2011 $11,151 $1,220 $12,371 $1,340
2010 $11,408 $1,248 $12,656 $1,333
2009 $11,589 $1,268 $12,857 $1,314
2008 $11,589 $1,268 $12,857 $743

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
5
Baths
1
Living area
1,728 sqft
Lot size
6,970 sqft
ZIP code
61032
City
Freeport
Street
Center St
Coordinates
42.28919, -89.60945

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
$108
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 551 Center St last sell?
551 Center St most recently sold on Apr 27, 2022 for $18,000.
What is the current tax assessment for 551 Center St?
The most recent total assessment for 551 Center St (year 2024) is $9,702 with $1,086 in property tax.
How does 551 Center St's assessment compare to its last sale price?
The current assessment is 46.1% below the last sale price of $18,000.
When was 551 Center St built?
551 Center St was built in 1900.
How does 551 Center St compare to others on Center St?
We track 8 other properties on Center St. Browse the list under "Other properties on Center St" to compare beds, baths, and sale history.
What are the property facts for 551 Center St?
551 Center St is a 5 bed, 1 bath, 1,728 sqft, 6,970 sqft lot single_family.
Is 551 Center St a flip candidate?
No — 551 Center St does not appear in our flips dataset.
Is 551 Center St a tax-appeal candidate?
No — 551 Center 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
+3.2%
Implied 1-yr
+13.0%
2026 Q3
$179.2K
2026 Q4
$184K
ZIP 61032 — Median Price History + Forecast

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