503 Park St
Morrison, IL 61270
1 bd 1 ba 640 sqft Built 1950 single_family
Most recent sale
$27,600
Nov 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 7, 2022 | Sold | $27,600 | MRED |
| Sep 29, 2022 | Listed | $29,000 | MRED |
| Apr 1, 2015 | Sold | $33,000 | Public Record |
| Sep 15, 2012 | Sold | $34,000 | MRED |
| Aug 27, 2012 | Listing removed | $39,900 | Clinton |
| Mar 19, 2012 | Listed | $39,900 | Clinton |
| Sep 25, 2008 | Sold | $46,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $12,523 | $1,804 | $14,327 | $1,168 |
| 2023 | $11,401 | $1,642 | $13,043 | $1,089 |
| 2022 | $10,588 | $1,525 | $12,113 | $1,023 |
| 2021 | $10,368 | $1,493 | $11,861 | $492 |
| 2020 | $10,564 | $1,521 | $12,085 | $511 |
| 2019 | $10,938 | $1,194 | $12,132 | $520 |
| 2018 | $10,889 | $1,189 | $12,078 | $538 |
| 2017 | $10,460 | $1,142 | $11,602 | $479 |
| 2016 | $10,089 | $1,101 | $11,190 | $442 |
| 2015 | $10,126 | $1,105 | $11,231 | $975 |
| 2014 | $16,071 | $1,115 | $17,186 | $980 |
| 2013 | $16,255 | $1,128 | $17,383 | $993 |
| 2012 | $16,294 | $1,131 | $17,425 | $1,514 |
| 2011 | $16,664 | $1,157 | $17,821 | $1,556 |
| 2010 | $16,616 | $1,154 | $17,770 | $1,026 |
| 2009 | $16,338 | $1,135 | $17,473 | $964 |
| 2008 | $15,489 | $1,076 | $16,565 | $985 |
| 2006 | $15,039 | $1,045 | $16,084 | $962 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
640 sqft
Lot size
—
ZIP code
61270
City
Morrison
Street
Park St
Coordinates
41.80762, -89.97417
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
$166
Gross rental yield
7.22%
Implied cap rate
4.69%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Park St last sell?
503 Park St most recently sold on Nov 7, 2022 for $27,600.
What is the current tax assessment for 503 Park St?
The most recent total assessment for 503 Park St (year 2024) is $14,327 with $1,168 in property tax.
How does 503 Park St's assessment compare to its last sale price?
The current assessment is 48.1% below the last sale price of $27,600.
When was 503 Park St built?
503 Park St was built in 1950.
How does 503 Park St compare to others on Park St?
We track 8 other properties on Park St. Browse the list under "Other properties on Park St" to compare beds, baths, and sale history.
What are the property facts for 503 Park St?
503 Park St is a 1 bed, 1 bath, 640 sqft single_family.
Is 503 Park St a flip candidate?
No — 503 Park St does not appear in our flips dataset.
Is 503 Park St a tax-appeal candidate?
No — 503 Park 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
-4.9%
Implied 1-yr
-19.5%
2026 Q3
$142.5K
2026 Q4
$142.5K
ZIP 61270 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Park St