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206 Illinois St

Mansfield, IL 61854

2 bd 1 ba 1,426 sqft Built 1915 Lot 15,821 sqft single_family
Most recent sale
$107,500
Dec 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 3, 2026 Sold $163,500 MRED
Oct 29, 2025 Price changed $163,500 MRED
Oct 16, 2025 Listed $168,500 MRED
Dec 7, 2021 Sold $107,500 MLS #11215964
Aug 24, 2015 Listing removed $124,900 ChampaignArea
Jul 31, 2015 Listed $124,900 MLS #2153554

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,848 $6,872 $49,720 $3,344
2023 $50,734 $6,081 $56,815 $4,013
2022 $42,314 $5,072 $47,386 $3,676
2021 $39,546 $4,740 $44,286 $3,446
2020 $38,025 $4,558 $42,583 $3,357
2019 $38,025 $4,558 $42,583 $3,308
2018 $36,828 $4,415 $41,243 $3,173
2017 $36,106 $4,328 $40,434 $3,153
2016 $34,518 $4,138 $38,656 $3,030
2015 $34,518 $4,138 $38,656 $3,064
2014 $34,518 $4,138 $38,656 $3,018
2013 $34,518 $4,138 $38,656 $3,037
2012 $34,765 $4,168 $38,933 $2,991
2010 $35,910 $4,305 $40,215 $3,063
2009 $35,910 $4,305 $40,215 $3,076

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,426 sqft
Lot size
15,821 sqft
ZIP code
61854
City
Mansfield
Street
Illinois St
Coordinates
40.21002, -88.50394

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
$645
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 206 Illinois St last sell?
206 Illinois St most recently sold on Dec 7, 2021 for $107,500.
What is the current tax assessment for 206 Illinois St?
The most recent total assessment for 206 Illinois St (year 2024) is $49,720 with $3,344 in property tax.
How does 206 Illinois St's assessment compare to its last sale price?
The current assessment is 53.7% below the last sale price of $107,500.
When was 206 Illinois St built?
206 Illinois St was built in 1915.
How does 206 Illinois St compare to others on Illinois St?
We track 8 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 206 Illinois St?
206 Illinois St is a 2 bed, 1 bath, 1,426 sqft, 15,821 sqft lot single_family.
Is 206 Illinois St a flip candidate?
No — 206 Illinois St does not appear in our flips dataset.
Is 206 Illinois St a tax-appeal candidate?
No — 206 Illinois 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
-1.9%
Implied 1-yr
-7.7%
2026 Q2
$158.9K
2026 Q3
$155.4K
ZIP 61854 — Median Price History + Forecast

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