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505 Vernon St

Herscher, IL 60941

3 bd 2 ba 1,500 sqft Built 1967 Lot 15,000 sqft single_family
Most recent sale
$195,000
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $195,000 MLS #11311953
Jan 26, 2022 Listed $194,900 MLS #11311953

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $53,757 $13,652 $67,409 $4,478
2022 $46,165 $11,723 $57,888 $3,592
2021 $43,866 $11,139 $55,005 $1,238
2020 $42,383 $10,762 $53,145 $1,255
2019 $40,950 $10,398 $51,348 $1,262
2018 $40,444 $10,270 $50,714 $1,266
2017 $39,362 $9,995 $49,357 $1,270
2016 $37,848 $9,611 $47,459 $1,270
2015 $35,943 $9,127 $45,070 $1,231
2014 $34,896 $8,861 $43,757 $1,230
2013 $35,518 $9,019 $44,537 $1,212
2012 $37,492 $11,378 $48,870 $1,252
2010 $41,083 $12,468 $53,551 $1,202
2009 $40,277 $12,224 $52,501 $1,177
2008 $38,728 $11,868 $50,596 $1,201
2007 $37,060 $11,196 $48,256 $1,254
2005 $33,113 $9,769 $42,882 $1,255

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,500 sqft
Lot size
15,000 sqft
ZIP code
60941
City
Herscher
Street
Vernon St
Coordinates
41.05504, -88.09400

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,170
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Vernon St last sell?
505 Vernon St most recently sold on Mar 30, 2022 for $195,000.
What is the current tax assessment for 505 Vernon St?
The most recent total assessment for 505 Vernon St (year 2024) is $67,409 with $4,478 in property tax.
How does 505 Vernon St's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $195,000.
When was 505 Vernon St built?
505 Vernon St was built in 1967.
How does 505 Vernon St compare to others on Vernon St?
We track 8 other properties on Vernon St. Browse the list under "Other properties on Vernon St" to compare beds, baths, and sale history.
What are the property facts for 505 Vernon St?
505 Vernon St is a 3 bed, 2 bath, 1,500 sqft, 15,000 sqft lot single_family.
Is 505 Vernon St a flip candidate?
No — 505 Vernon St does not appear in our flips dataset.
Is 505 Vernon St a tax-appeal candidate?
No — 505 Vernon 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
-14.0%
Implied 1-yr
-56.0%
2026 Q2
$18.8K
2026 Q3
$18.8K
ZIP 60941 — Median Price History + Forecast

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