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525 Illinois St

Marseilles, IL 61341

3 bd 2 ba 1,247 sqft Built 1956 Lot 10,019 sqft single_family
Most recent sale
$127,500
Dec 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 7, 2023 Sold $153,000 MRED
Nov 1, 2023 Listed $150,000 MRED
Dec 28, 2021 Sold $127,500 MLS #11200418
Jan 27, 1999 Sold $70,000 Public Record
Nov 23, 1998 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $35,246 $5,606 $40,852 $3,294
2023 $29,335 $4,666 $34,001 $3,244
2022 $24,154 $6,089 $30,243 $3,219
2021 $24,154 $6,089 $30,243 $3,443
2020 $24,154 $6,089 $30,243 $3,409
2019 $16,410 $6,136 $22,546 $2,522
2018 $16,356 $6,116 $22,472 $2,643
2017 $16,356 $6,116 $22,472 $2,633
2016 $16,440 $6,147 $22,587 $2,623
2015 $16,440 $6,147 $22,587 $2,654
2014 $16,129 $6,031 $22,160 $2,535
2013 $6,335 $6,274 $12,609 $1,453
2012 $27,963 $6,923 $34,886 $3,906
2011 $28,075 $6,951 $35,026 $3,823
2010 $28,078 $6,952 $35,030 $3,185
2009 $28,084 $6,953 $35,037 $3,158
2008 $27,423 $6,789 $34,212 $3,109
2006 $23,652 $6,458 $30,110 $2,793
2005 $30,110 $2,745

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,247 sqft
Lot size
10,019 sqft
ZIP code
61341
City
Marseilles
Street
Illinois St
Coordinates
41.32458, -88.70191

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
$765
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 525 Illinois St last sell?
525 Illinois St most recently sold on Dec 28, 2021 for $127,500.
What is the current tax assessment for 525 Illinois St?
The most recent total assessment for 525 Illinois St (year 2024) is $40,852 with $3,294 in property tax.
How does 525 Illinois St's assessment compare to its last sale price?
The current assessment is 68.0% below the last sale price of $127,500.
When was 525 Illinois St built?
525 Illinois St was built in 1956.
How does 525 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 525 Illinois St?
525 Illinois St is a 3 bed, 2 bath, 1,247 sqft, 10,019 sqft lot single_family.
Is 525 Illinois St a flip candidate?
Yes — 525 Illinois St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 525 Illinois St a tax-appeal candidate?
No — 525 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
+3.9%
Implied 1-yr
+15.7%
2026 Q2
$454.3K
2026 Q3
$468.5K
ZIP 61341 — Median Price History + Forecast

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