501 Main St
Morrison, IL 61270
2 bd 1 ba 1,155 sqft Built 1954 Lot 11,748 sqft single_family
Most recent sale
$113,250
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2022 | Sold | $113,250 | MLS #11270430 |
| Mar 29, 2022 | Listing removed | $125,000 | MRED |
| Nov 15, 2021 | Listed | $114,900 | MLS #11270430 |
| Aug 23, 2007 | Sold | $57,500 | Public Record |
| Aug 22, 2007 | Sold | $57,500 | MRED |
| Aug 21, 2007 | Listed | $65,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $22,389 | $2,720 | $25,109 | $1,558 |
| 2023 | $20,383 | $2,476 | $22,859 | $1,407 |
| 2022 | $18,929 | $2,299 | $21,228 | $1,286 |
| 2021 | $18,536 | $2,251 | $20,787 | $1,242 |
| 2020 | $18,887 | $2,294 | $21,181 | $1,275 |
| 2019 | $19,556 | $2,370 | $21,926 | $1,351 |
| 2018 | $19,468 | $2,359 | $21,827 | $1,401 |
| 2017 | $18,701 | $2,266 | $20,967 | $1,281 |
| 2016 | $18,037 | $2,186 | $20,223 | $1,212 |
| 2015 | $18,104 | $2,194 | $20,298 | $1,242 |
| 2014 | $18,268 | $2,214 | $20,482 | $1,269 |
| 2012 | $18,521 | $2,244 | $20,765 | $1,283 |
| 2011 | $18,941 | $2,295 | $21,236 | $1,330 |
| 2010 | $18,886 | $2,288 | $21,174 | $1,322 |
| 2009 | $18,570 | $2,250 | $20,820 | $1,241 |
| 2008 | $17,605 | $2,133 | $19,738 | $1,703 |
| 2006 | $17,094 | $2,071 | $19,165 | $2,414 |
Property facts
Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,155 sqft
Lot size
11,748 sqft
ZIP code
61270
City
Morrison
Street
Main St
Coordinates
41.80726, -89.96137
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$680
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Main St last sell?
501 Main St most recently sold on Jul 1, 2022 for $113,250.
What is the current tax assessment for 501 Main St?
The most recent total assessment for 501 Main St (year 2024) is $25,109 with $1,558 in property tax.
How does 501 Main St's assessment compare to its last sale price?
The current assessment is 77.8% below the last sale price of $113,250.
When was 501 Main St built?
501 Main St was built in 1954.
How does 501 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 501 Main St?
501 Main St is a 2 bed, 1 bath, 1,155 sqft, 11,748 sqft lot single_family.
Is 501 Main St a flip candidate?
No — 501 Main St does not appear in our flips dataset.
Is 501 Main St a tax-appeal candidate?
No — 501 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.7%
2026 Q3
$179.1K
2026 Q4
$179.8K
ZIP 61270 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Main St