508 Lincoln St
Mount Morris, IL 61054
2 bd 1 ba 1,835 sqft Built 1974 Lot 8,712 sqft single_family
Most recent sale
$97,000
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 18, 2022 | Sold | $97,000 | MLS #11363205 |
| Apr 1, 2022 | Listed | $97,000 | MLS #11363205 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $30,288 | $4,604 | $34,892 | $2,817 |
| 2022 | $25,586 | $3,889 | $29,475 | $1,181 |
| 2021 | $23,713 | $3,604 | $27,317 | $1,198 |
| 2020 | $22,075 | $3,355 | $25,430 | $1,217 |
| 2019 | $20,924 | $3,180 | $24,104 | $1,218 |
| 2018 | $19,740 | $3,000 | $22,740 | $1,191 |
| 2017 | $19,740 | $3,000 | $22,740 | $1,195 |
| 2016 | $19,740 | $3,000 | $22,740 | $1,195 |
| 2015 | $19,740 | $3,000 | $22,740 | $1,204 |
| 2014 | $19,740 | $3,404 | $23,144 | $1,226 |
| 2013 | $21,128 | $3,643 | $24,771 | $1,332 |
| 2012 | $22,207 | $3,829 | $26,036 | $1,480 |
| 2011 | $23,200 | $4,000 | $27,200 | $1,550 |
| 2010 | $23,200 | $6,000 | $29,200 | $1,675 |
| 2009 | $23,200 | $6,000 | $29,200 | $1,678 |
| 2007 | $26,990 | $6,000 | $32,990 | $2,029 |
| 2006 | $26,990 | $5,845 | $32,835 | $2,046 |
Property facts
Year built
1974
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,835 sqft
Lot size
8,712 sqft
ZIP code
61054
City
Mount Morris
Street
Lincoln St
Coordinates
42.04608, -89.44220
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$582
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Lincoln St last sell?
508 Lincoln St most recently sold on May 18, 2022 for $97,000.
What is the current tax assessment for 508 Lincoln St?
The most recent total assessment for 508 Lincoln St (year 2024) is $34,892 with $2,817 in property tax.
How does 508 Lincoln St's assessment compare to its last sale price?
The current assessment is 64.0% below the last sale price of $97,000.
When was 508 Lincoln St built?
508 Lincoln St was built in 1974.
How does 508 Lincoln St compare to others on Lincoln St?
We track 8 other properties on Lincoln St. Browse the list under "Other properties on Lincoln St" to compare beds, baths, and sale history.
What are the property facts for 508 Lincoln St?
508 Lincoln St is a 2 bed, 1 bath, 1,835 sqft, 8,712 sqft lot single_family.
Is 508 Lincoln St a flip candidate?
No — 508 Lincoln St does not appear in our flips dataset.
Is 508 Lincoln St a tax-appeal candidate?
No — 508 Lincoln St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q1
$182.6K
2026 Q2
$187.5K
ZIP 61054 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lincoln St