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8506 Cameo Dr

Machesney Park, IL 61115

4 bd 2 ba 1,616 sqft Built 1970 Lot 14,810 sqft single_family
Most recent sale
$156,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $156,000 MLS #11378699
Jul 6, 2022 Price changed $167,400 MLS #11378699
Jun 16, 2022 Price changed $171,400 MLS #11378699
Jun 9, 2022 Price changed $175,400 MLS #11378699
Jun 6, 2022 Price changed $175,900 MLS #11378699
May 25, 2022 Price changed $176,900 MLS #11378699
May 11, 2022 Price changed $181,900 MLS #11378699
May 2, 2022 Price changed $189,000 MLS #11378699
Apr 28, 2022 Price changed $194,000 MLS #11378699
Apr 19, 2022 Listed $199,000 MLS #11378699
Mar 1, 2005 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $39,637 $5,262 $44,899 $3,096
2023 $39,637 $5,262 $44,899 $2,923
2022 $32,107 $4,262 $36,369 $2,855
2021 $29,861 $3,964 $33,825 $2,624
2020 $28,444 $3,776 $32,220 $2,397
2019 $27,245 $3,617 $30,862 $2,454
2018 $26,352 $3,498 $29,850 $2,613
2017 $25,629 $3,402 $29,031 $2,559
2016 $25,119 $3,334 $28,453 $2,512
2015 $24,680 $3,276 $27,956 $2,487
2014 $24,680 $3,276 $27,956 $2,464
2013 $25,724 $3,415 $29,139 $2,409
2012 $27,282 $3,622 $30,904 $2,389
2011 $28,419 $3,773 $32,192 $2,336
2010 $29,739 $3,948 $33,687 $2,312
2009 $30,671 $4,072 $34,743 $2,206
2008 $30,170 $4,006 $34,176 $2,187
2007 $29,215 $3,879 $33,094 $2,089
2006 $28,140 $3,736 $31,876 $2,039

Property facts

Year built
1970
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,616 sqft
Lot size
14,810 sqft
ZIP code
61115
City
Machesney Park
Street
Cameo Dr
Coordinates
42.34647, -89.03833

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$936
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8506 Cameo Dr last sell?
8506 Cameo Dr most recently sold on Aug 8, 2022 for $156,000.
What is the current tax assessment for 8506 Cameo Dr?
The most recent total assessment for 8506 Cameo Dr (year 2024) is $44,899 with $3,096 in property tax.
How does 8506 Cameo Dr's assessment compare to its last sale price?
The current assessment is 71.2% below the last sale price of $156,000.
When was 8506 Cameo Dr built?
8506 Cameo Dr was built in 1970.
How does 8506 Cameo Dr compare to others on Cameo Dr?
We track 6 other properties on Cameo Dr. Browse the list under "Other properties on Cameo Dr" to compare beds, baths, and sale history.
What are the property facts for 8506 Cameo Dr?
8506 Cameo Dr is a 4 bed, 2 bath, 1,616 sqft, 14,810 sqft lot single_family.
Is 8506 Cameo Dr a flip candidate?
No — 8506 Cameo Dr does not appear in our flips dataset.
Is 8506 Cameo Dr a tax-appeal candidate?
No — 8506 Cameo Dr 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
+4.4%
Implied 1-yr
+17.7%
2026 Q2
$213.9K
2026 Q3
$221.2K
ZIP 61115 — Median Price History + Forecast

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