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501 7th Ave

Mendota, IL 61342

2 bd 1 ba 992 sqft Built 1900 Lot 6,000 sqft single_family
Most recent sale
$17,500
Feb 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2022 Sold $17,500 MLS #11304011
Jan 14, 2022 Listed $23,000 MLS #11304011

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $12,889 $5,174 $18,063 $910
2023 $11,779 $4,729 $16,508 $835
2022 $10,000 $4,015 $14,015 $1,267
2021 $16,058 $3,801 $19,859 $1,888
2020 $15,162 $3,589 $18,751 $1,777
2019 $15,162 $3,589 $18,751 $1,802
2018 $14,830 $3,510 $18,340 $1,808
2017 $14,643 $3,466 $18,109 $1,832
2016 $14,019 $3,318 $17,337 $1,770
2015 $13,594 $3,217 $16,811 $1,724
2014 $13,463 $3,186 $16,649 $1,659
2013 $14,321 $3,389 $17,710 $1,689
2012 $15,570 $3,685 $19,255 $1,775
2011 $16,513 $3,908 $20,421 $1,871
2010 $17,242 $4,081 $21,323 $1,917
2009 $17,364 $4,110 $21,474 $1,893
2008 $17,465 $4,134 $21,599 $1,883
2006 $16,761 $2,985 $19,746 $1,730
2005 $17,839 $1,637

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
992 sqft
Lot size
6,000 sqft
ZIP code
61342
City
Mendota
Street
7th Ave
Coordinates
41.54537, -89.11728

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$105
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 7th Ave last sell?
501 7th Ave most recently sold on Feb 24, 2022 for $17,500.
What is the current tax assessment for 501 7th Ave?
The most recent total assessment for 501 7th Ave (year 2024) is $18,063 with $910 in property tax.
How does 501 7th Ave's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $17,500.
When was 501 7th Ave built?
501 7th Ave was built in 1900.
How does 501 7th Ave compare to others on 7th Ave?
We track 4 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 501 7th Ave?
501 7th Ave is a 2 bed, 1 bath, 992 sqft, 6,000 sqft lot single_family.
Is 501 7th Ave a flip candidate?
No — 501 7th Ave does not appear in our flips dataset.
Is 501 7th Ave a tax-appeal candidate?
No — 501 7th 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
-1.9%
Implied 1-yr
-7.6%
2026 Q3
$119.4K
2026 Q4
$118.1K
ZIP 61342 — Median Price History + Forecast

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