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506 Monroe St

Hanover, IL 61041

Lot 6,534 sqft single_family
Most recent sale
$45,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $45,000 Public Record
Jun 24, 2022 Listed $49,900 MLS #202204039

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $11,967 $1,166 $13,133 $980
2022 $9,384 $914 $10,298 $1,012
2021 $7,329 $1,556 $8,885 $902
2007 $15,610 $1,720 $17,330 $71

Property facts

Year built
Property type
single_family
Stories
Beds
Baths
Living area
Lot size
6,534 sqft
ZIP code
61041
City
Hanover
Street
Monroe St
Coordinates
42.25666, -90.27785

Frequently asked questions

When did 506 Monroe St last sell?
506 Monroe St most recently sold on Aug 11, 2022 for $45,000.
What is the current tax assessment for 506 Monroe St?
The most recent total assessment for 506 Monroe St (year 2024) is $13,133 with $980 in property tax.
How does 506 Monroe St's assessment compare to its last sale price?
The current assessment is 70.8% below the last sale price of $45,000.
When was 506 Monroe St built?
The year built for 506 Monroe St is not in our records.
How does 506 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 506 Monroe St?
506 Monroe St is a 6,534 sqft lot single_family.
Is 506 Monroe St a flip candidate?
No — 506 Monroe St does not appear in our flips dataset.
Is 506 Monroe St a tax-appeal candidate?
No — 506 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
+9.2%
Implied 1-yr
+36.9%
2025 Q3
$500.2K
2025 Q4
$529.1K
ZIP 61041 — Median Price History + Forecast

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