708 Main St
Lerna, IL 62440
3 bd 1 ba 1,780 sqft Built 1877 Lot 13,939 sqft single_family
Most recent sale
$85,000
Nov 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 4, 2022 | Sold | $85,000 | Public Record |
| Nov 2, 2022 | Sold | $85,000 | MLS #11497121 |
| Aug 18, 2022 | Listed | $89,900 | MLS #11497121 |
| Aug 1, 2022 | Price changed | $89,900 | MLS #6221681 |
| Jul 15, 2022 | Relisted | $93,000 | MLS #6221681 |
| Jun 25, 2022 | Listed | $93,000 | MLS #6221681 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $31,889 | $1,558 | $33,447 | $2,102 |
| 2024 | $31,889 | $1,558 | $33,447 | $2,091 |
| 2023 | $30,084 | $1,470 | $31,554 | $2,070 |
| 2022 | $20,931 | $4,188 | $25,119 | $1,024 |
| 2021 | $19,934 | $3,989 | $23,923 | $1,046 |
| 2020 | $19,934 | $3,989 | $23,923 | $499 |
| 2019 | $13,549 | $3,989 | $17,538 | $513 |
| 2018 | $13,549 | $3,989 | $17,538 | $516 |
| 2017 | $13,549 | $3,989 | $17,538 | $517 |
| 2016 | $13,549 | $3,989 | $17,538 | $515 |
| 2015 | $13,549 | $3,989 | $17,538 | $508 |
| 2014 | $13,549 | $3,989 | $17,538 | $506 |
| 2013 | $13,549 | $3,989 | $17,538 | $549 |
| 2012 | $13,549 | $3,989 | $17,538 | $650 |
| 2011 | $13,549 | $3,989 | $17,538 | $634 |
| 2009 | $12,896 | $3,797 | $16,693 | $898 |
| 2008 | $12,768 | $3,759 | $16,527 | $927 |
| 2007 | $12,348 | $3,635 | $15,983 | $960 |
Property facts
Year built
1877
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,780 sqft
Lot size
13,939 sqft
ZIP code
62440
City
Lerna
Street
Main St
Coordinates
39.41818, -88.29076
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 708 Main St last sell?
708 Main St most recently sold on Nov 2, 2022 for $85,000.
What is the current tax assessment for 708 Main St?
The most recent total assessment for 708 Main St (year 2025) is $33,447 with $2,102 in property tax.
How does 708 Main St's assessment compare to its last sale price?
The current assessment is 60.7% below the last sale price of $85,000.
When was 708 Main St built?
708 Main St was built in 1877.
How does 708 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 708 Main St?
708 Main St is a 3 bed, 1 bath, 1,780 sqft, 13,939 sqft lot single_family.
Is 708 Main St a flip candidate?
No — 708 Main St does not appear in our flips dataset.
Is 708 Main St a tax-appeal candidate?
No — 708 Main 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
+29.1%
Implied 1-yr
+116.3%
2025 Q3
$292.5K
2025 Q4
$292.5K
ZIP 62440 — Median Price History + Forecast
Explore nearby
Other properties on Main St