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506 McClelland St

Monticello, IL 61856

2 bd 2 ba 1,258 sqft Built 1997 Lot 5,460 sqft condos
Most recent sale
$172,500
Dec 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 3, 2021 Sold $172,500 MLS #11225060
Oct 29, 2021 Sold $172,500 Public Record
Apr 30, 2021 Sold $135,000 MLS #10990774
Apr 24, 2020 Listing removed $136,900 MRED
Feb 19, 2020 Price changed $136,900 MLS #10543074
Oct 9, 2019 Listed $139,900 MLS #10543074
Nov 21, 2016 Sold $128,415 Public Record
Sep 8, 2016 Listing removed $139,900 ChampaignArea
Sep 7, 2016 Listed $139,900 MLS #2164184
Jan 1, 2016 Sold $128,415 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $60,034 $7,347 $67,381 $3,525
2023 $55,587 $6,803 $62,390 $3,437
2022 $48,105 $5,888 $53,993 $3,189
2021 $45,169 $5,529 $50,698 $3,412
2020 $44,067 $5,394 $49,461 $3,333
2019 $43,309 $5,301 $48,610 $3,222
2018 $42,191 $5,164 $47,355 $3,104
2017 $42,191 $5,164 $47,355 $2,980
2016 $40,336 $4,937 $45,273 $2,839
2015 $40,336 $4,937 $45,273 $2,838
2014 $40,336 $4,937 $45,273 $2,813
2013 $40,336 $4,937 $45,273 $2,822
2012 $40,905 $5,007 $45,912 $2,874
2010 $41,090 $5,030 $46,120 $2,858
2009 $41,090 $5,030 $46,120 $2,858

Property facts

Year built
1997
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,258 sqft
Lot size
5,460 sqft
ZIP code
61856
City
Monticello
Street
McClelland St
Coordinates
40.02234, -88.56818

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
$1,035
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 McClelland St last sell?
506 McClelland St most recently sold on Dec 3, 2021 for $172,500.
What is the current tax assessment for 506 McClelland St?
The most recent total assessment for 506 McClelland St (year 2024) is $67,381 with $3,525 in property tax.
How does 506 McClelland St's assessment compare to its last sale price?
The current assessment is 60.9% below the last sale price of $172,500.
When was 506 McClelland St built?
506 McClelland St was built in 1997.
How does 506 McClelland St compare to others on McClelland St?
We track 6 other properties on McClelland St. Browse the list under "Other properties on McClelland St" to compare beds, baths, and sale history.
What are the property facts for 506 McClelland St?
506 McClelland St is a 2 bed, 2 bath, 1,258 sqft, 5,460 sqft lot condos.
Is 506 McClelland St a flip candidate?
Yes — 506 McClelland St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 506 McClelland St a tax-appeal candidate?
No — 506 McClelland 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
+2.2%
Implied 1-yr
+8.9%
2026 Q3
$250.9K
2026 Q4
$255.8K
ZIP 61856 — Median Price History + Forecast

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