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550 Monroe St

Galesburg, IL 61401

1,088 sqft Built 1896 Lot 12,184 sqft single_family
Most recent sale
$90,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $90,000 Public Record
Sep 13, 2021 Sold $26,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $29,050 $3,100 $32,150 $2,267
2024 $29,050 $3,100 $32,150 $2,113
2023 $27,430 $2,930 $30,360 $2,062
2022 $6,810 $2,840 $9,650 $492
2021 $18,290 $2,680 $20,970 $2,040
2020 $18,290 $2,680 $20,970 $2,074
2019 $17,930 $2,630 $20,560 $2,050
2018 $18,000 $2,550 $20,550 $949
2017 $17,480 $2,480 $19,960 $898
2016 $17,480 $2,480 $19,960 $911
2015 $17,220 $2,440 $19,660 $852
2014 $17,230 $2,440 $19,670 $1,310
2013 $17,230 $2,440 $19,670 $1,281
2012 $17,400 $2,460 $19,860 $1,236
2010 $17,860 $2,520 $20,380 $1,276
2009 $17,860 $2,520 $20,380 $1,299
2008 $17,600 $2,490 $20,090 $1,263

Property facts

Year built
1896
Property type
single_family
Stories
2
Beds
Baths
Living area
1,088 sqft
Lot size
12,184 sqft
ZIP code
61401
City
Galesburg
Street
Monroe St
Coordinates
40.95404, -90.38227

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 550 Monroe St last sell?
550 Monroe St most recently sold on Jul 20, 2022 for $90,000.
What is the current tax assessment for 550 Monroe St?
The most recent total assessment for 550 Monroe St (year 2025) is $32,150 with $2,267 in property tax.
How does 550 Monroe St's assessment compare to its last sale price?
The current assessment is 64.3% below the last sale price of $90,000.
When was 550 Monroe St built?
550 Monroe St was built in 1896.
How does 550 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 550 Monroe St?
550 Monroe St is a 1,088 sqft, 12,184 sqft lot single_family.
Is 550 Monroe St a flip candidate?
Yes — 550 Monroe St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 550 Monroe St a tax-appeal candidate?
No — 550 Monroe 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
+1.8%
Implied 1-yr
+7.3%
2026 Q3
$148.6K
2026 Q4
$151.1K
ZIP 61401 — Median Price History + Forecast

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