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503 Lawrence Ave

Marseilles, IL 61341

3 bd 2 ba 1,518 sqft Built 1895 Lot 10,454 sqft single_family
Most recent sale
$80,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Listing removed $75,000 MRED
Mar 4, 2022 Sold $80,000 MLS #11197236
Nov 18, 2021 Price changed $75,000 MLS #11197236
Nov 1, 2021 Price changed $79,900 MLS #11197236
Sep 30, 2021 Price changed $82,900 MLS #11197236
Aug 22, 2021 Listed $78,780 MLS #11197236
Mar 13, 2020 Listing removed $100,000 MRED
Mar 13, 2019 Listed $100,000 MLS #10306608
Dec 11, 2003 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $34,290 $5,606 $39,896 $2,636
2023 $28,539 $4,666 $33,205 $2,597
2022 $23,981 $3,653 $27,634 $2,303
2021 $23,981 $3,653 $27,634 $2,463
2020 $23,981 $3,653 $27,634 $2,438
2019 $24,167 $3,681 $27,848 $2,445
2018 $24,088 $3,669 $27,757 $2,560
2017 $24,088 $3,669 $27,757 $2,550
2016 $24,211 $3,688 $27,899 $2,544
2015 $24,211 $3,688 $27,899 $2,574
2014 $23,753 $3,618 $27,371 $2,445
2013 $24,709 $3,764 $28,473 $2,590
2012 $27,267 $4,154 $31,421 $2,846
2011 $27,377 $4,171 $31,548 $2,789
2010 $27,380 $4,171 $31,551 $2,804
2009 $27,385 $4,172 $31,557 $2,779
2008 $26,741 $4,074 $30,815 $2,742
2006 $22,936 $3,875 $26,811 $2,426

Property facts

Year built
1895
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,518 sqft
Lot size
10,454 sqft
ZIP code
61341
City
Marseilles
Street
Lawrence Ave
Coordinates
41.32993, -88.70099

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
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 Lawrence Ave last sell?
503 Lawrence Ave most recently sold on Mar 4, 2022 for $80,000.
What is the current tax assessment for 503 Lawrence Ave?
The most recent total assessment for 503 Lawrence Ave (year 2024) is $39,896 with $2,636 in property tax.
How does 503 Lawrence Ave's assessment compare to its last sale price?
The current assessment is 50.1% below the last sale price of $80,000.
When was 503 Lawrence Ave built?
503 Lawrence Ave was built in 1895.
How does 503 Lawrence Ave compare to others on Lawrence Ave?
We track 5 other properties on Lawrence Ave. Browse the list under "Other properties on Lawrence Ave" to compare beds, baths, and sale history.
What are the property facts for 503 Lawrence Ave?
503 Lawrence Ave is a 3 bed, 2 bath, 1,518 sqft, 10,454 sqft lot single_family.
Is 503 Lawrence Ave a flip candidate?
No — 503 Lawrence Ave does not appear in our flips dataset.
Is 503 Lawrence Ave a tax-appeal candidate?
No — 503 Lawrence Ave 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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