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506 Arrowhead Ln

Heyworth, IL 61745

4 bd 2 ba 2,000 sqft Built 1992 Lot 8,276 sqft single_family
Most recent sale
$165,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $165,000 MLS #11346382
Mar 13, 2022 Listed $159,900 MLS #11346382
Jan 1, 1995 Sold $82,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $39,567 $7,254 $46,821 $3,418
2022 $36,280 $6,651 $42,931 $3,243
2021 $34,801 $6,380 $41,181 $3,157
2020 $34,331 $6,294 $40,625 $3,143
2019 $34,086 $6,249 $40,335 $3,115
2018 $34,086 $6,249 $40,335 $3,122
2017 $33,819 $6,200 $40,019 $3,069
2016 $33,819 $6,200 $40,019 $3,051
2015 $32,770 $6,008 $38,778 $2,964
2014 $32,770 $6,008 $38,778 $2,933
2013 $32,770 $6,008 $38,778 $2,911
2012 $33,538 $6,149 $39,687 $2,962
2010 $33,538 $6,149 $39,687 $2,826
2009 $33,104 $6,069 $39,173 $2,766
2008 $32,297 $5,921 $38,218 $2,710

Property facts

Year built
1992
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,000 sqft
Lot size
8,276 sqft
ZIP code
61745
City
Heyworth
Street
Arrowhead Ln
Coordinates
40.32008, -88.97473

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Arrowhead Ln last sell?
506 Arrowhead Ln most recently sold on Apr 28, 2022 for $165,000.
What is the current tax assessment for 506 Arrowhead Ln?
The most recent total assessment for 506 Arrowhead Ln (year 2023) is $46,821 with $3,418 in property tax.
How does 506 Arrowhead Ln's assessment compare to its last sale price?
The current assessment is 71.6% below the last sale price of $165,000.
When was 506 Arrowhead Ln built?
506 Arrowhead Ln was built in 1992.
How does 506 Arrowhead Ln compare to others on Arrowhead Ln?
We track 4 other properties on Arrowhead Ln. Browse the list under "Other properties on Arrowhead Ln" to compare beds, baths, and sale history.
What are the property facts for 506 Arrowhead Ln?
506 Arrowhead Ln is a 4 bed, 2 bath, 2,000 sqft, 8,276 sqft lot single_family.
Is 506 Arrowhead Ln a flip candidate?
No — 506 Arrowhead Ln does not appear in our flips dataset.
Is 506 Arrowhead Ln a tax-appeal candidate?
No — 506 Arrowhead Ln 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
+7.1%
2026 Q3
$335.2K
2026 Q4
$340.5K
ZIP 61745 — Median Price History + Forecast

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