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508 Tyler St

Morton, IL 61550

4 bd 2 ba 1,246 sqft Built 1940 Lot 7,800 sqft single_family
Most recent sale
$165,900
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2022 Sold $165,900 Public Record
Mar 9, 2022 Listed $162,900 MLS #PA1232034

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $54,210 $9,550 $63,760 $4,210
2023 $47,110 $8,300 $55,410 $4,063
2022 $35,580 $7,620 $43,200 $3,336
2021 $34,210 $7,330 $41,540 $3,209
2020 $33,870 $7,260 $41,130 $3,110
2019 $33,870 $7,260 $41,130 $3,102
2018 $33,870 $7,260 $41,130 $3,045
2017 $33,870 $7,260 $41,130 $2,967
2016 $33,530 $7,190 $40,720 $2,909
2015 $33,200 $7,120 $40,320 $2,853
2014 $32,300 $6,930 $39,230 $2,809
2013 $32,300 $6,930 $39,230 $2,356
2012 $32,300 $6,930 $39,230 $2,365
2011 $32,300 $6,930 $39,230 $2,184
2010 $32,300 $6,930 $39,230 $2,197
2009 $32,300 $6,930 $39,230 $2,164
2008 $31,880 $4,180 $36,060 $1,958
2007 $31,880 $4,180 $36,060 $1,882

Property facts

Year built
1940
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,246 sqft
Lot size
7,800 sqft
ZIP code
61550
City
Morton
Street
Tyler St
Coordinates
40.61507, -89.45181

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
$995
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 Tyler St last sell?
508 Tyler St most recently sold on Apr 18, 2022 for $165,900.
What is the current tax assessment for 508 Tyler St?
The most recent total assessment for 508 Tyler St (year 2024) is $63,760 with $4,210 in property tax.
How does 508 Tyler St's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $165,900.
When was 508 Tyler St built?
508 Tyler St was built in 1940.
How does 508 Tyler St compare to others on Tyler St?
We track 8 other properties on Tyler St. Browse the list under "Other properties on Tyler St" to compare beds, baths, and sale history.
What are the property facts for 508 Tyler St?
508 Tyler St is a 4 bed, 2 bath, 1,246 sqft, 7,800 sqft lot single_family.
Is 508 Tyler St a flip candidate?
No — 508 Tyler St does not appear in our flips dataset.
Is 508 Tyler St a tax-appeal candidate?
No — 508 Tyler 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
-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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