616 School St
Lacon, IL 61540
3 bd 2 ba 1,624 sqft Built 1955 Lot 8,712 sqft single_family
Most recent sale
$141,000
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 8, 2022 | Sold | $141,000 | MLS #11380471 |
| Apr 20, 2022 | Listed | $141,000 | MLS #11380471 |
| May 20, 2019 | Listing removed | $103,500 | RMLSAlliance |
| May 4, 2019 | Listing removed | $102,900 | RMLSAlliance |
| Jan 4, 2019 | Listing removed | $103,500 | RMLSAlliance |
| Jan 3, 2019 | Listed | $102,900 | MLS #1200722 |
| Jun 6, 2018 | Price changed | $103,500 | MLS #1192565 |
| Mar 21, 2018 | Listed | $104,900 | MLS #1192565 |
| Mar 13, 2018 | Listing removed | $104,900 | RMLSAlliance |
| Dec 12, 2017 | Price changed | $104,900 | MLS #1189604 |
| Nov 28, 2017 | Listed | $109,900 | MLS #1189604 |
| Jun 25, 2016 | Listing removed | $99,900 | RMLSAlliance |
| Mar 29, 2016 | Price changed | $99,900 | MLS #1170746 |
| Feb 19, 2016 | Listed | $102,500 | MLS #1170746 |
| Feb 3, 2016 | Listing removed | $109,000 | RMLSAlliance |
| Sep 16, 2015 | Price changed | $109,000 | MLS #1164070 |
| Aug 12, 2015 | Price changed | $114,000 | MLS #1164070 |
| Jul 13, 2015 | Listed | $118,000 | MLS #1164070 |
| Jul 11, 2015 | Listing removed | $114,900 | SWIllinois |
| May 20, 2015 | Price changed | $114,900 | MLS #4406430 |
| May 7, 2015 | Listed | $119,000 | MLS #4406430 |
| May 25, 2010 | Sold | $105,000 | Public Record |
| Mar 1, 2010 | Listing removed | $109,900 | RMLSAlliance |
| Feb 19, 2010 | Listed | $109,900 | MLS #1115334 |
| Jan 1, 2010 | Sold | $105,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $41,076 | $2,671 | $43,747 | $2,449 |
| 2022 | $27,659 | $2,220 | $29,879 | $2,181 |
| 2021 | $25,634 | $2,057 | $27,691 | $2,027 |
| 2020 | $24,743 | $1,986 | $26,729 | $1,998 |
| 2019 | $24,438 | $1,961 | $26,399 | $2,051 |
| 2018 | $24,438 | $1,961 | $26,399 | $2,070 |
| 2017 | $24,937 | $2,001 | $26,938 | $2,157 |
| 2016 | $25,480 | $2,045 | $27,525 | $2,185 |
| 2015 | $26,067 | $2,092 | $28,159 | $2,171 |
| 2014 | $25,362 | $2,035 | $27,397 | $2,060 |
| 2013 | $24,916 | $1,999 | $26,915 | $1,995 |
| 2012 | $24,731 | $1,984 | $26,715 | $1,968 |
| 2011 | $27,704 | $2,222 | $29,926 | $2,134 |
| 2010 | $27,704 | $2,222 | $29,926 | $2,136 |
| 2009 | $27,704 | $2,222 | $29,926 | $2,300 |
| 2008 | $27,704 | $2,222 | $29,926 | $1,805 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,624 sqft
Lot size
8,712 sqft
ZIP code
61540
City
Lacon
Street
School St
Coordinates
41.01868, -89.40605
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$846
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 616 School St last sell?
616 School St most recently sold on Jun 8, 2022 for $141,000.
What is the current tax assessment for 616 School St?
The most recent total assessment for 616 School St (year 2024) is $43,747 with $2,449 in property tax.
How does 616 School St's assessment compare to its last sale price?
The current assessment is 69.0% below the last sale price of $141,000.
When was 616 School St built?
616 School St was built in 1955.
How does 616 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 616 School St?
616 School St is a 3 bed, 2 bath, 1,624 sqft, 8,712 sqft lot single_family.
Is 616 School St a flip candidate?
No — 616 School St does not appear in our flips dataset.
Is 616 School St a tax-appeal candidate?
No — 616 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