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1040 State St

Marengo, IL 60152

3 bd 1 ba 1,250 sqft Built 1950 Lot 17,424 sqft single_family
Most recent sale
$200,000
Feb 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2022 Sold $200,000 MLS #11298963
Jan 5, 2022 Listed $199,900 MLS #11298963
Apr 17, 2008 Listing removed $179,900 MRED
Feb 8, 2008 Listed $179,900 MLS #06795768
Aug 1, 2007 Listing removed $196,900 MRED
Dec 30, 2006 Listed $196,900 MLS #06366527

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $45,951 $21,908 $67,859 $4,322
2024 $42,103 $20,073 $62,176 $4,111
2022 $33,564 $16,002 $49,566 $4,446
2021 $30,582 $14,580 $45,162 $4,161
2020 $29,104 $13,875 $42,979 $4,105
2019 $27,576 $13,147 $40,723 $4,358
2018 $25,830 $12,315 $38,145 $4,065
2017 $24,467 $11,665 $36,132 $3,952
2016 $22,860 $10,899 $33,759 $3,845
2015 $22,318 $10,640 $32,958 $3,895
2014 $21,239 $10,126 $31,365 $3,808
2013 $22,366 $10,663 $33,029 $3,800
2012 $23,640 $11,270 $34,910 $3,682
2011 $27,782 $13,245 $41,027 $3,679
2010 $30,983 $14,771 $45,754 $3,670
2009 $34,217 $16,312 $50,529 $3,606
2008 $34,791 $16,586 $51,377 $3,550
2007 $33,820 $16,123 $49,943 $3,407
2006 $32,036 $15,272 $47,308 $3,316

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,250 sqft
Lot size
17,424 sqft
ZIP code
60152
City
Marengo
Street
State St
Coordinates
42.24130, -88.60901

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,250
Gross rental yield
13.50%
Implied cap rate
8.78%
Trend-extrapolated value

Frequently asked questions

When did 1040 State St last sell?
1040 State St most recently sold on Feb 24, 2022 for $200,000.
What is the current tax assessment for 1040 State St?
The most recent total assessment for 1040 State St (year 2025) is $67,859 with $4,322 in property tax.
How does 1040 State St's assessment compare to its last sale price?
The current assessment is 66.1% below the last sale price of $200,000.
When was 1040 State St built?
1040 State St was built in 1950.
How does 1040 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 1040 State St?
1040 State St is a 3 bed, 1 bath, 1,250 sqft, 17,424 sqft lot single_family.
Is 1040 State St a flip candidate?
No — 1040 State St does not appear in our flips dataset.
Is 1040 State St a tax-appeal candidate?
No — 1040 State 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
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$244.1K
2026 Q4
$240.1K
ZIP 60152 — Median Price History + Forecast

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