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311 Chestnut St

Mount Carmel, IL 62863

3 bd 2 ba 1,550 sqft Built 1939 Lot 3,960 sqft single_family
Most recent sale
$69,000
May 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 24, 2022 Sold $69,000 MLS #11029380
May 2, 2022 Relisted $74,900 MLS #11029380
Apr 9, 2022 Relisted $74,900 MLS #11029380
Oct 8, 2021 Listed $74,900 MLS #11029380
Jul 8, 2021 Listing removed $74,900 IRMLS
May 14, 2021 Price changed $74,900 MLS #202106039
Mar 29, 2021 Price changed $79,900 MLS #202106039
Feb 27, 2021 Listed $85,000 MLS #202106039
Dec 21, 2020 Sold $53,521 Public Record
Oct 22, 2014 Sold $59,000 Public Record
Jan 1, 2014 Sold $59,000 Public Record
Jul 17, 2007 Sold $67,000 Public Record
Jan 1, 2007 Sold $67,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $26,720 $2,140 $28,860 $1,913
2024 $26,720 $2,140 $28,860 $1,847
2023 $22,460 $1,800 $24,260 $1,779
2022 $21,370 $1,710 $23,080 $1,740
2021 $20,690 $1,660 $22,350 $1,229
2020 $20,690 $1,660 $22,350 $1,126
2019 $18,020 $1,450 $19,470 $1,118
2018 $18,655 $1,500 $20,155 $1,145
2017 $19,245 $1,545 $20,790 $1,153
2016 $19,245 $1,545 $20,790 $1,185
2015 $18,545 $1,490 $20,035 $1,148
2014 $18,545 $1,490 $20,035 $1,129
2013 $18,930 $1,520 $20,450 $1,169
2012 $19,070 $1,530 $20,600 $1,169
2011 $19,585 $1,570 $21,155 $1,184
2010 $19,175 $1,535 $20,710 $1,137
2008 $17,300 $1,385 $18,685 $1,040

Property facts

Year built
1939
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,550 sqft
Lot size
3,960 sqft
ZIP code
62863
City
Mount Carmel
Street
Chestnut St
Coordinates
38.40828, -87.76175

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$414
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 311 Chestnut St last sell?
311 Chestnut St most recently sold on May 24, 2022 for $69,000.
What is the current tax assessment for 311 Chestnut St?
The most recent total assessment for 311 Chestnut St (year 2025) is $28,860 with $1,913 in property tax.
How does 311 Chestnut St's assessment compare to its last sale price?
The current assessment is 58.2% below the last sale price of $69,000.
When was 311 Chestnut St built?
311 Chestnut St was built in 1939.
How does 311 Chestnut St compare to others on Chestnut St?
We track 8 other properties on Chestnut St. Browse the list under "Other properties on Chestnut St" to compare beds, baths, and sale history.
What are the property facts for 311 Chestnut St?
311 Chestnut St is a 3 bed, 2 bath, 1,550 sqft, 3,960 sqft lot single_family.
Is 311 Chestnut St a flip candidate?
Yes — 311 Chestnut St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 311 Chestnut St a tax-appeal candidate?
No — 311 Chestnut 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
+4.3%
Implied 1-yr
+17.1%
2026 Q3
$185.6K
2026 Q4
$187.5K
ZIP 62863 — Median Price History + Forecast

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