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501 Hitt St

Mount Morris, IL 61054

4 bd 2 ba 2,376 sqft Built 1910 Lot 27,007 sqft single_family
Most recent sale
$181,500
Nov 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2022 Listing removed NorthWestILAlliance
Nov 30, 2022 Sold $181,500 Public Record
Nov 29, 2022 Sold $181,500 MRED
Sep 27, 2022 Price changed $189,000 MLS #11619375
Sep 1, 2022 Listed $199,000 MLS #11619375

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $55,318 $9,136 $64,454 $5,683
2022 $46,318 $7,718 $54,036 $4,332
2021 $42,927 $7,153 $50,080 $3,988
2020 $39,962 $6,659 $46,621 $3,693
2019 $37,879 $6,312 $44,191 $3,444
2018 $35,735 $5,955 $41,690 $3,113
2017 $35,735 $5,955 $41,690 $3,125
2016 $35,735 $5,955 $41,690 $3,126
2015 $35,735 $5,955 $41,690 $3,149
2014 $35,735 $5,955 $41,690 $3,101
2013 $38,248 $6,374 $44,622 $3,254
2012 $40,202 $6,700 $46,902 $3,406
2011 $42,000 $7,000 $49,000 $3,515
2010 $43,300 $10,000 $53,300 $3,778
2009 $46,300 $10,000 $56,300 $4,048
2007 $27,925 $10,000 $37,925 $2,454
2006 $27,925 $10,000 $37,925 $2,095

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,376 sqft
Lot size
27,007 sqft
ZIP code
61054
City
Mount Morris
Street
Hitt St
Coordinates
42.04933, -89.42288

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
$1,089
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Hitt St last sell?
501 Hitt St most recently sold on Nov 30, 2022 for $181,500.
What is the current tax assessment for 501 Hitt St?
The most recent total assessment for 501 Hitt St (year 2024) is $64,454 with $5,683 in property tax.
How does 501 Hitt St's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $181,500.
When was 501 Hitt St built?
501 Hitt St was built in 1910.
How does 501 Hitt St compare to others on Hitt St?
We track 8 other properties on Hitt St. Browse the list under "Other properties on Hitt St" to compare beds, baths, and sale history.
What are the property facts for 501 Hitt St?
501 Hitt St is a 4 bed, 2 bath, 2,376 sqft, 27,007 sqft lot single_family.
Is 501 Hitt St a flip candidate?
No — 501 Hitt St does not appear in our flips dataset.
Is 501 Hitt St a tax-appeal candidate?
No — 501 Hitt 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
+3.3%
Implied 1-yr
+13.2%
2026 Q1
$182.6K
2026 Q2
$187.5K
ZIP 61054 — Median Price History + Forecast

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