508 Center St
Lacon, IL 61540
3 bd 2 ba 1,400 sqft Built 1879 Lot 10,890 sqft single_family
Most recent sale
$130,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $130,000 | MLS #11321184 |
| Jun 1, 2022 | Listing removed | $129,900 | RMLSAlliance |
| Mar 6, 2022 | Price changed | $124,999 | MLS #11321184 |
| Feb 9, 2022 | Listed | $129,999 | MLS #11321184 |
| Nov 4, 2021 | Listed | $129,900 | MLS #PA1230030 |
| Mar 31, 2014 | Sold | $78,500 | MLS #08450616 |
| Nov 9, 2013 | Price changed | $86,900 | MLS #08450616 |
| Sep 21, 2013 | Listed | $89,900 | MLS #08450616 |
| Sep 6, 2013 | Listing removed | $89,900 | MRED |
| Aug 3, 2013 | Listed | $89,900 | MLS #08411721 |
| Jun 9, 2011 | Sold | $72,000 | Public Record |
| Jan 1, 2011 | Sold | $72,000 | Public Record |
| Dec 21, 2010 | Listing removed | $84,900 | MRED |
| Dec 4, 2010 | Listing removed | $84,900 | RMLSAlliance |
| Oct 14, 2010 | Price changed | $84,900 | MLS #07550779 |
| Oct 13, 2010 | Price changed | $84,900 | MLS #1118544 |
| Aug 18, 2010 | Price changed | $89,500 | MLS #1118544 |
| Aug 6, 2010 | Price changed | $91,500 | MLS #07550779 |
| Jul 22, 2010 | Price changed | $95,000 | MLS #07550779 |
| Jun 24, 2010 | Price changed | $99,900 | MLS #07550779 |
| Jun 16, 2010 | Price changed | $108,000 | MLS #07550779 |
| Jun 9, 2010 | Listed | $10,800 | MLS #07550779 |
| Jun 2, 2010 | Listed | $108,000 | MLS #1118544 |
| Jun 26, 1997 | Sold | $50,000 | Public Record |
| Oct 21, 1993 | Sold | $35,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $39,181 | $3,365 | $42,546 | $3,068 |
| 2022 | $23,563 | $2,797 | $26,360 | $1,860 |
| 2021 | $21,838 | $2,592 | $24,430 | $1,722 |
| 2020 | $21,079 | $2,502 | $23,581 | $1,695 |
| 2019 | $20,819 | $2,471 | $23,290 | $1,738 |
| 2018 | $20,819 | $2,471 | $23,290 | $1,754 |
| 2017 | $21,244 | $2,521 | $23,765 | $1,830 |
| 2016 | $21,706 | $2,576 | $24,282 | $1,856 |
| 2015 | $22,206 | $2,635 | $24,841 | $1,846 |
| 2014 | $21,605 | $2,564 | $24,169 | $1,749 |
| 2013 | $21,225 | $2,519 | $23,744 | $1,693 |
| 2012 | $21,067 | $2,500 | $23,567 | $1,669 |
| 2011 | $27,008 | $2,801 | $29,809 | $2,123 |
| 2010 | $27,008 | $2,801 | $29,809 | $2,126 |
| 2009 | $27,008 | $2,801 | $29,809 | $2,290 |
| 2008 | $27,008 | $2,801 | $29,809 | $1,782 |
Property facts
Year built
1879
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
10,890 sqft
ZIP code
61540
City
Lacon
Street
Center St
Coordinates
41.02820, -89.40561
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Center St last sell?
508 Center St most recently sold on Aug 12, 2022 for $130,000.
What is the current tax assessment for 508 Center St?
The most recent total assessment for 508 Center St (year 2024) is $42,546 with $3,068 in property tax.
How does 508 Center St's assessment compare to its last sale price?
The current assessment is 67.3% below the last sale price of $130,000.
When was 508 Center St built?
508 Center St was built in 1879.
How does 508 Center St compare to others on Center St?
We track 8 other properties on Center St. Browse the list under "Other properties on Center St" to compare beds, baths, and sale history.
What are the property facts for 508 Center St?
508 Center St is a 3 bed, 2 bath, 1,400 sqft, 10,890 sqft lot single_family.
Is 508 Center St a flip candidate?
No — 508 Center St does not appear in our flips dataset.
Is 508 Center St a tax-appeal candidate?
No — 508 Center 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
+3.6%
Implied 1-yr
+14.2%
2026 Q1
$143.8K
2026 Q2
$147.9K
ZIP 61540 — Median Price History + Forecast
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Other properties on Center St