506 Park Ave
Gillespie, IL 62033
4 bd 2 ba 1,806 sqft Built 1945 Lot 7,492 sqft single_family
Most recent sale
$97,500
Dec 16, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 16, 2021 | Sold | $97,500 | MLS #21078927 |
| Nov 1, 2021 | Listed | $104,900 | MLS #21078927 |
| Sep 25, 2007 | Sold | $63,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $29,169 | $2,037 | $31,206 | $2,026 |
| 2022 | $25,241 | $1,763 | $27,004 | $1,918 |
| 2020 | $14,123 | $1,540 | $15,663 | $733 |
| 2019 | $7,450 | $1,467 | $8,917 | $704 |
| 2018 | $7,450 | $1,467 | $8,917 | $699 |
| 2017 | $13,186 | $1,438 | $14,624 | $686 |
| 2016 | $13,186 | $1,438 | $14,624 | $689 |
| 2015 | $18,330 | $1,438 | $19,768 | $1,118 |
| 2014 | $18,897 | $1,482 | $20,379 | $1,130 |
| 2013 | $19,892 | $1,560 | $21,452 | $1,157 |
| 2012 | $20,829 | $1,634 | $22,463 | $1,174 |
| 2011 | $20,829 | $1,634 | $22,463 | $1,146 |
| 2010 | $20,829 | $1,634 | $22,463 | $1,133 |
| 2009 | $20,829 | $1,634 | $22,463 | $1,011 |
| 2008 | $20,281 | $1,591 | $21,872 | $1,009 |
Property facts
Year built
1945
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,806 sqft
Lot size
7,492 sqft
ZIP code
62033
City
Gillespie
Street
Park Ave
Coordinates
39.13471, -89.81320
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$585
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Park Ave last sell?
506 Park Ave most recently sold on Dec 16, 2021 for $97,500.
What is the current tax assessment for 506 Park Ave?
The most recent total assessment for 506 Park Ave (year 2024) is $31,206 with $2,026 in property tax.
How does 506 Park Ave's assessment compare to its last sale price?
The current assessment is 68.0% below the last sale price of $97,500.
When was 506 Park Ave built?
506 Park Ave was built in 1945.
How does 506 Park Ave compare to others on Park Ave?
We track 8 other properties on Park Ave. Browse the list under "Other properties on Park Ave" to compare beds, baths, and sale history.
What are the property facts for 506 Park Ave?
506 Park Ave is a 4 bed, 2 bath, 1,806 sqft, 7,492 sqft lot single_family.
Is 506 Park Ave a flip candidate?
No — 506 Park Ave does not appear in our flips dataset.
Is 506 Park Ave a tax-appeal candidate?
No — 506 Park Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$137.6K
2026 Q4
$138.6K
ZIP 62033 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park Ave