507 School St
Lacon, IL 61540
3 bd 1 ba 960 sqft Built 1977 Lot 4,792 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
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $28,242 | $1,589 | $29,831 | $805 |
| 2024 | $26,669 | $1,500 | $28,169 | $813 |
| 2022 | $22,164 | $1,246 | $23,410 | $884 |
| 2021 | $20,541 | $1,155 | $21,696 | $905 |
| 2020 | $19,827 | $1,115 | $20,942 | $933 |
| 2019 | $11,398 | $1,101 | $12,499 | $653 |
| 2018 | $11,398 | $1,101 | $12,499 | $659 |
| 2017 | $11,631 | $1,123 | $12,754 | $695 |
| 2016 | $11,884 | $1,147 | $13,031 | $713 |
| 2015 | $12,158 | $1,173 | $13,331 | $718 |
| 2014 | $11,829 | $1,141 | $12,970 | $671 |
| 2013 | $11,621 | $1,121 | $12,742 | $643 |
| 2012 | $11,534 | $1,113 | $12,647 | $631 |
| 2011 | $12,920 | $1,247 | $14,167 | $728 |
| 2010 | $12,920 | $1,247 | $14,167 | $740 |
| 2008 | $29,819 | $1,247 | $31,066 | $1,889 |
Property facts
Year built
1977
Property type
single_family
Stories
—
Beds
3
Baths
1
Living area
960 sqft
Lot size
4,792 sqft
ZIP code
61540
City
Lacon
Street
School St
Coordinates
41.02007, -89.40657
Comparable properties nearby
Frequently asked questions
When did 507 School St last sell?
No public-record sale is on file for 507 School St.
What is the current tax assessment for 507 School St?
The most recent total assessment for 507 School St (year 2025) is $29,831 with $805 in property tax.
When was 507 School St built?
507 School St was built in 1977.
How does 507 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 507 School St?
507 School St is a 3 bed, 1 bath, 960 sqft, 4,792 sqft lot single_family.
Is 507 School St a flip candidate?
No — 507 School St does not appear in our flips dataset.
Is 507 School St a tax-appeal candidate?
No — 507 School 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
Explore nearby
Other properties on School St