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504 Reeves St

Marion, IL 62959

2 bd 1 ba 728 sqft Built 1930 single_family
Most recent sale
$25,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2024 Listed for rent $875 AppfolioUnits
May 17, 2024 Price changed for rent $875 AppfolioUnits
Apr 17, 2024 Listed for rent $925 AppfolioUnits
Mar 30, 2024 Listed for rent $925 AppfolioUnits
Jun 22, 2022 Listed for rent $875 AppfolioUnits
May 12, 2022 Sold $25,000 Public Record
Mar 28, 2022 Listed $29,900 MLS #EB443665
Mar 25, 2020 Sold $45,000 MLS #EB432649
Feb 3, 2020 Listed $49,900 MLS #EB432649
Apr 28, 2019 Price changed $49,900 MLS #425467
Jan 17, 2019 Listed $52,000 MLS #425467

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $6,650 $2,550 $9,200 $711
2024 $6,650 $2,550 $9,200 $713
2023 $5,860 $2,250 $8,110 $600
2022 $5,650 $2,170 $7,820 $567
2021 $5,340 $2,050 $7,390 $553
2020 $5,340 $2,050 $7,390 $527
2019 $5,340 $2,050 $7,390 $561
2018 $5,340 $2,050 $7,390 $551
2017 $5,340 $2,050 $7,390 $537
2016 $5,060 $1,940 $7,000 $534
2014 $5,060 $1,940 $7,000 $522
2013 $5,060 $1,940 $7,000 $504
2012 $5,060 $1,940 $7,000 $247
2010 $5,060 $1,940 $7,000 $456
2009 $5,060 $1,940 $7,000 $453
2008 $5,060 $1,940 $7,000 $460
2006 $5,060 $1,940 $7,000 $122

Property facts

Year built
1930
Property type
single_family
Stories
Beds
2
Baths
1
Living area
728 sqft
Lot size
ZIP code
62959
City
Marion
Street
Reeves St
Coordinates
37.73842, -88.92058

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
$150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 504 Reeves St last sell?
504 Reeves St most recently sold on May 12, 2022 for $25,000.
What is the current tax assessment for 504 Reeves St?
The most recent total assessment for 504 Reeves St (year 2025) is $9,200 with $711 in property tax.
How does 504 Reeves St's assessment compare to its last sale price?
The current assessment is 63.2% below the last sale price of $25,000.
When was 504 Reeves St built?
504 Reeves St was built in 1930.
How does 504 Reeves St compare to others on Reeves St?
We track 8 other properties on Reeves St. Browse the list under "Other properties on Reeves St" to compare beds, baths, and sale history.
What are the property facts for 504 Reeves St?
504 Reeves St is a 2 bed, 1 bath, 728 sqft single_family.
Is 504 Reeves St a flip candidate?
No — 504 Reeves St does not appear in our flips dataset.
Is 504 Reeves St a tax-appeal candidate?
No — 504 Reeves 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
-0.7%
Implied 1-yr
-2.6%
2026 Q3
$184.7K
2026 Q4
$183.4K
ZIP 62959 — Median Price History + Forecast

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