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240 South St

Freeport, IL 61032

2 bd 1 ba 1,248 sqft Built 1939 Lot 15,180 sqft single_family
Most recent sale
$81,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $81,000 MLS #11319245
Apr 26, 2022 Price changed $78,500 MLS #11319245
Feb 7, 2022 Listed $79,900 MLS #11319245

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $22,135 $2,414 $24,549 $2,087
2023 $22,135 $2,414 $24,549 $1,655
2022 $15,973 $2,492 $18,465 $2,291
2021 $15,749 $2,492 $18,241 $2,313
2020 $15,258 $2,414 $17,672 $2,299
2019 $12,015 $2,414 $14,429 $1,902
2018 $11,665 $2,414 $14,079 $1,859
2017 $11,419 $2,414 $13,833 $1,827
2016 $11,564 $2,414 $13,978 $1,825
2015 $14,228 $2,424 $16,652 $1,371
2014 $15,876 $2,479 $18,355 $1,544
2013 $16,367 $2,556 $18,923 $1,545
2012 $16,934 $2,645 $19,579 $1,541
2011 $18,167 $4,163 $22,330 $1,766
2010 $18,585 $4,259 $22,844 $1,772
2009 $18,880 $4,326 $23,206 $1,756
2008 $18,856 $4,325 $23,181 $1,786

Property facts

Year built
1939
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,248 sqft
Lot size
15,180 sqft
ZIP code
61032
City
Freeport
Street
South St
Coordinates
42.28098, -89.62039

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$486
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 240 South St last sell?
240 South St most recently sold on Aug 8, 2022 for $81,000.
What is the current tax assessment for 240 South St?
The most recent total assessment for 240 South St (year 2024) is $24,549 with $2,087 in property tax.
How does 240 South St's assessment compare to its last sale price?
The current assessment is 69.7% below the last sale price of $81,000.
When was 240 South St built?
240 South St was built in 1939.
How does 240 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 240 South St?
240 South St is a 2 bed, 1 bath, 1,248 sqft, 15,180 sqft lot single_family.
Is 240 South St a flip candidate?
No — 240 South St does not appear in our flips dataset.
Is 240 South St a tax-appeal candidate?
No — 240 South 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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