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503 Hitt St

Mount Morris, IL 61054

4 bd 3 ba 2,814 sqft Built 1948 Lot 32,234 sqft single_family
Most recent sale
$172,000
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2022 Sold $172,000 Public Record
Feb 1, 2022 Sold $175,000 MLS #11268982
Nov 12, 2021 Listed $179,000 MLS #11268982

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $54,473 $7,673 $62,146 $4,987
2022 $49,629 $6,482 $56,111 $4,541
2021 $45,995 $6,007 $52,002 $4,184
2020 $42,818 $5,592 $48,410 $3,878
2019 $40,586 $5,300 $45,886 $3,620
2018 $38,289 $5,000 $43,289 $3,276
2017 $38,289 $5,000 $43,289 $3,288
2016 $38,289 $5,000 $43,289 $3,289
2015 $38,289 $5,000 $43,289 $3,313
2014 $38,289 $5,105 $43,394 $3,273
2013 $40,981 $5,464 $46,445 $3,431
2012 $43,074 $5,743 $48,817 $3,583
2011 $45,000 $6,000 $51,000 $3,695
2010 $46,758 $9,000 $55,758 $3,993
2009 $46,758 $9,000 $55,758 $4,001
2007 $46,758 $9,000 $55,758 $3,942
2006 $46,758 $9,000 $55,758 $3,169

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,814 sqft
Lot size
32,234 sqft
ZIP code
61054
City
Mount Morris
Street
Hitt St
Coordinates
42.04876, -89.44348

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
$1,032
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 Hitt St last sell?
503 Hitt St most recently sold on Feb 4, 2022 for $172,000.
What is the current tax assessment for 503 Hitt St?
The most recent total assessment for 503 Hitt St (year 2024) is $62,146 with $4,987 in property tax.
How does 503 Hitt St's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $172,000.
When was 503 Hitt St built?
503 Hitt St was built in 1948.
How does 503 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 503 Hitt St?
503 Hitt St is a 4 bed, 3 bath, 2,814 sqft, 32,234 sqft lot single_family.
Is 503 Hitt St a flip candidate?
No — 503 Hitt St does not appear in our flips dataset.
Is 503 Hitt St a tax-appeal candidate?
No — 503 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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