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513 Park St

Morrison, IL 61270

2 bd 1 ba 980 sqft Built 1976 Lot 8,102 sqft single_family
Most recent sale
$80,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $80,000 MLS #11463175
Jul 13, 2022 Listed $85,000 MLS #11463175
Jul 13, 2020 Sold $60,000 MLS #10724580
May 26, 2020 Listed $62,000 MLS #10724580

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $21,444 $2,261 $23,705 $1,933
2023 $19,523 $2,058 $21,581 $1,802
2022 $18,131 $1,911 $20,042 $1,186
2021 $17,755 $1,871 $19,626 $1,145
2020 $18,092 $1,906 $19,998 $756
2019 $27,633 $1,702 $29,335 $1,308
2018 $27,509 $1,694 $29,203 $1,364
2017 $26,426 $1,627 $28,053 $1,319
2016 $25,488 $1,569 $27,057 $1,314
2015 $25,583 $1,575 $27,158 $1,339
2014 $25,815 $1,589 $27,404 $1,351
2013 $26,110 $1,607 $27,717 $1,345
2012 $26,173 $1,611 $27,784 $1,427
2011 $26,767 $1,648 $28,415 $1,433
2010 $26,690 $1,643 $28,333 $1,431
2009 $26,244 $1,616 $27,860 $1,824
2008 $24,881 $1,532 $26,413 $1,835
2006 $24,159 $1,488 $25,647 $1,801

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
980 sqft
Lot size
8,102 sqft
ZIP code
61270
City
Morrison
Street
Park St
Coordinates
41.80798, -89.97521

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 513 Park St last sell?
513 Park St most recently sold on Oct 3, 2022 for $80,000.
What is the current tax assessment for 513 Park St?
The most recent total assessment for 513 Park St (year 2024) is $23,705 with $1,933 in property tax.
How does 513 Park St's assessment compare to its last sale price?
The current assessment is 70.4% below the last sale price of $80,000.
When was 513 Park St built?
513 Park St was built in 1976.
How does 513 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 513 Park St?
513 Park St is a 2 bed, 1 bath, 980 sqft, 8,102 sqft lot single_family.
Is 513 Park St a flip candidate?
No — 513 Park St does not appear in our flips dataset.
Is 513 Park St a tax-appeal candidate?
No — 513 Park 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
-4.9%
Implied 1-yr
-19.5%
2026 Q3
$142.5K
2026 Q4
$142.5K
ZIP 61270 — Median Price History + Forecast

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