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501 School St

Lacon, IL 61540

2 bd 2 ba 1,392 sqft Built 1996 Lot 11,220 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $39,678 $3,418 $43,096 $3,087
2024 $37,467 $3,228 $40,695 $2,913
2021 $28,859 $2,487 $31,346 $1,350
2020 $27,856 $2,401 $30,257 $1,392
2019 $27,512 $2,371 $29,883 $1,452
2018 $27,512 $2,371 $29,883 $1,466
2017 $44,573 $2,419 $46,992 $1,488
2016 $45,543 $2,472 $48,015 $1,467
2015 $46,591 $2,529 $49,120 $1,415
2014 $45,331 $2,461 $47,792 $1,390
2013 $44,534 $2,418 $46,952 $1,378
2012 $44,202 $2,400 $46,602 $1,467
2011 $49,515 $2,689 $52,204 $1,377
2010 $49,515 $2,689 $52,204 $1,323
2008 $49,515 $2,689 $52,204 $1,370

Property facts

Year built
1996
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,392 sqft
Lot size
11,220 sqft
ZIP code
61540
City
Lacon
Street
School St
Coordinates
41.02031, -89.40667

Comparable properties nearby

Frequently asked questions

When did 501 School St last sell?
No public-record sale is on file for 501 School St.
What is the current tax assessment for 501 School St?
The most recent total assessment for 501 School St (year 2025) is $43,096 with $3,087 in property tax.
When was 501 School St built?
501 School St was built in 1996.
How does 501 School St compare to others on School St?
We track 6 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 501 School St?
501 School St is a 2 bed, 2 bath, 1,392 sqft, 11,220 sqft lot single_family.
Is 501 School St a flip candidate?
No — 501 School St does not appear in our flips dataset.
Is 501 School St a tax-appeal candidate?
No — 501 School 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
+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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