506 South St
Henry, IL 61537
2 bd 1 ba 950 sqft Built 1932 Lot 12,800 sqft single_family
Most recent sale
$25,000
Mar 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 17, 2022 | Sold | $25,000 | MLS #11303823 |
| Jan 13, 2022 | Listed | $29,900 | MLS #11303823 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $3,636 | $7,182 | $10,818 | $937 |
| 2022 | $3,022 | $5,969 | $8,991 | $760 |
| 2021 | $12,089 | $5,532 | $17,621 | $1,532 |
| 2020 | $11,669 | $5,340 | $17,009 | $1,495 |
| 2019 | $6,791 | $5,274 | $12,065 | $1,071 |
| 2018 | $6,791 | $5,274 | $12,065 | $1,068 |
| 2017 | $6,930 | $5,382 | $12,312 | $1,094 |
| 2016 | $12,010 | $5,499 | $17,509 | $1,564 |
| 2015 | $12,286 | $5,626 | $17,912 | $1,555 |
| 2014 | $11,954 | $5,474 | $17,428 | $1,474 |
| 2013 | $11,744 | $5,378 | $17,122 | $1,444 |
| 2012 | $11,657 | $5,338 | $16,995 | $1,437 |
| 2011 | $13,058 | $5,980 | $19,038 | $1,492 |
| 2010 | $13,058 | $5,980 | $19,038 | $1,472 |
| 2009 | $13,058 | $5,980 | $19,038 | $1,422 |
| 2008 | $13,058 | $5,980 | $19,038 | $1,159 |
Property facts
Year built
1932
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
950 sqft
Lot size
12,800 sqft
ZIP code
61537
City
Henry
Street
South St
Coordinates
41.10897, -89.36392
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 South St last sell?
506 South St most recently sold on Mar 17, 2022 for $25,000.
What is the current tax assessment for 506 South St?
The most recent total assessment for 506 South St (year 2024) is $10,818 with $937 in property tax.
How does 506 South St's assessment compare to its last sale price?
The current assessment is 56.7% below the last sale price of $25,000.
When was 506 South St built?
506 South St was built in 1932.
How does 506 South St compare to others on South St?
We track 1 other property 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 506 South St?
506 South St is a 2 bed, 1 bath, 950 sqft, 12,800 sqft lot single_family.
Is 506 South St a flip candidate?
No — 506 South St does not appear in our flips dataset.
Is 506 South St a tax-appeal candidate?
No — 506 South St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.4%
Implied 1-yr
+21.8%
2025 Q4
$140.3K
2026 Q1
$145.9K
ZIP 61537 — Median Price History + Forecast
Explore nearby
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