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508 Oak St

Lexington, IL 61753

2 bd 1 ba 1,154 sqft Built 1879 Lot 8,276 sqft single_family
Most recent sale
$70,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $70,000 MLS #11347378
Mar 16, 2022 Listed $80,000 MLS #11347378
Jan 1, 1998 Sold $30,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $22,243 $2,907 $25,150 $1,741
2022 $13,823 $2,715 $16,538 $953
2021 $13,374 $2,627 $16,001 $907
2020 $13,187 $2,590 $15,777 $889
2019 $13,433 $2,638 $16,071 $915
2018 $13,571 $2,665 $16,236 $975
2017 $13,475 $2,646 $16,121 $963
2016 $12,819 $2,517 $15,336 $896
2015 $12,719 $2,497 $15,216 $881
2014 $12,719 $2,497 $15,216 $827
2013 $12,719 $2,497 $15,216 $831
2012 $12,510 $2,456 $14,966 $807
2010 $12,624 $2,478 $15,102 $816
2009 $12,624 $2,478 $15,102 $767
2008 $11,945 $2,344 $14,289 $807

Property facts

Year built
1879
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,154 sqft
Lot size
8,276 sqft
ZIP code
61753
City
Lexington
Street
Oak St
Coordinates
40.64592, -88.77895

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 Oak St last sell?
508 Oak St most recently sold on Aug 26, 2022 for $70,000.
What is the current tax assessment for 508 Oak St?
The most recent total assessment for 508 Oak St (year 2023) is $25,150 with $1,741 in property tax.
How does 508 Oak St's assessment compare to its last sale price?
The current assessment is 64.1% below the last sale price of $70,000.
When was 508 Oak St built?
508 Oak St was built in 1879.
How does 508 Oak St compare to others on Oak St?
We track 8 other properties on Oak St. Browse the list under "Other properties on Oak St" to compare beds, baths, and sale history.
What are the property facts for 508 Oak St?
508 Oak St is a 2 bed, 1 bath, 1,154 sqft, 8,276 sqft lot single_family.
Is 508 Oak St a flip candidate?
No — 508 Oak St does not appear in our flips dataset.
Is 508 Oak St a tax-appeal candidate?
No — 508 Oak 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
+4.6%
Implied 1-yr
+18.6%
2026 Q1
$246.8K
2026 Q2
$255.6K
ZIP 61753 — Median Price History + Forecast

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