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306 Michigan Ave

Jacksonville, IL 62650

3 bd 3 ba 1,920 sqft Built 1958 single_family
Most recent sale
$122,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 10, 2025 Sold $129,000 MRED
Nov 6, 2025 Price changed $129,900 RMLSAlliance
Oct 16, 2025 Price changed $134,900 RMLSAlliance
Sep 29, 2025 Listed $139,900 RMLSAlliance
Jul 22, 2022 Sold $122,000 Public Record
Jun 13, 2022 Listed $115,000 MLS #CA1014870
May 14, 2020 Sold $105,000 Public Record
Feb 29, 2020 Listed $115,000 MLS #CA998308
May 26, 2017 Sold $46,000 Public Record
May 5, 2017 Listing removed $44,000 Springfield
Apr 21, 2017 Listed $44,000 MLS #172447

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $35,460 $2,940 $38,400 $2,800
2024 $35,460 $2,940 $38,400 $2,540
2023 $32,360 $2,940 $35,300 $2,277
2022 $26,960 $2,940 $29,900 $2,277
2021 $26,050 $3,480 $29,530 $2,194
2020 $26,050 $3,480 $29,530 $2,810
2019 $26,050 $3,480 $29,530 $2,790
2018 $25,790 $3,480 $29,270 $2,667
2017 $18,220 $3,480 $21,700 $1,399
2016 $18,220 $3,480 $21,700 $1,414
2015 $17,690 $3,380 $21,070 $1,390
2013 $17,690 $3,380 $21,070 $1,302
2012 $16,780 $3,490 $20,270 $1,205
2010 $16,370 $3,400 $19,770 $1,110
2009 $15,890 $3,300 $19,190 $1,046
2008 $15,280 $3,170 $18,450 $1,036

Property facts

Year built
1958
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,920 sqft
Lot size
ZIP code
62650
City
Jacksonville
Street
Michigan Ave
Coordinates
39.71617, -90.22381

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$732
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 306 Michigan Ave last sell?
306 Michigan Ave most recently sold on Jul 22, 2022 for $122,000.
What is the current tax assessment for 306 Michigan Ave?
The most recent total assessment for 306 Michigan Ave (year 2025) is $38,400 with $2,800 in property tax.
How does 306 Michigan Ave's assessment compare to its last sale price?
The current assessment is 68.5% below the last sale price of $122,000.
When was 306 Michigan Ave built?
306 Michigan Ave was built in 1958.
How does 306 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 306 Michigan Ave?
306 Michigan Ave is a 3 bed, 3 bath, 1,920 sqft single_family.
Is 306 Michigan Ave a flip candidate?
No — 306 Michigan Ave does not appear in our flips dataset.
Is 306 Michigan Ave a tax-appeal candidate?
No — 306 Michigan Ave 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$277.5K
2026 Q4
$284K
ZIP 62650 — Median Price History + Forecast

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