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516 Mathis Ave

Morton, IL 61550

2 bd 1 ba 1,826 sqft Built 1950 single_family
Most recent sale
$154,000
Jan 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Listing removed $159,900 MRED
Jan 4, 2022 Sold $154,000 MLS #11272389
May 14, 2010 Sold $124,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $34,720 $5,570 $40,290 $2,594
2019 $32,600 $5,570 $38,170 $2,427
2018 $32,600 $5,570 $38,170 $2,382
2017 $32,600 $5,570 $38,170 $2,321
2016 $32,280 $5,510 $37,790 $2,272
2015 $31,960 $5,460 $37,420 $2,224
2014 $31,090 $5,310 $36,400 $2,177
2013 $31,090 $5,310 $36,400 $2,155
2012 $31,090 $5,310 $36,400 $2,164
2011 $31,090 $5,310 $36,400 $1,998
2009 $31,090 $5,310 $36,400 $1,980
2008 $25,510 $3,370 $28,880 $1,499

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,826 sqft
Lot size
ZIP code
61550
City
Morton
Street
Mathis Ave
Coordinates
40.60629, -89.46620

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$924
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Mathis Ave last sell?
516 Mathis Ave most recently sold on Jan 4, 2022 for $154,000.
What is the current tax assessment for 516 Mathis Ave?
The most recent total assessment for 516 Mathis Ave (year 2020) is $40,290 with $2,594 in property tax.
How does 516 Mathis Ave's assessment compare to its last sale price?
The current assessment is 73.8% below the last sale price of $154,000.
When was 516 Mathis Ave built?
516 Mathis Ave was built in 1950.
How does 516 Mathis Ave compare to others on Mathis Ave?
We track 5 other properties on Mathis Ave. Browse the list under "Other properties on Mathis Ave" to compare beds, baths, and sale history.
What are the property facts for 516 Mathis Ave?
516 Mathis Ave is a 2 bed, 1 bath, 1,826 sqft single_family.
Is 516 Mathis Ave a flip candidate?
No — 516 Mathis Ave does not appear in our flips dataset.
Is 516 Mathis Ave a tax-appeal candidate?
No — 516 Mathis 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
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$180.3K
2026 Q4
$173.3K
ZIP 61550 — Median Price History + Forecast

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