1940 US Route 40
Mulberry Grove, IL 62262
3 bd 2 ba 1,728 sqft Built 1992 Lot 609,840 sqft single_family
Most recent sale
$230,000
Sep 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 1, 2022 | Sold | $230,000 | MLS #22034538 |
| Jul 15, 2022 | Price changed | $235,000 | MLS #22034538 |
| Jun 23, 2022 | Price changed | $240,000 | MLS #22034538 |
| May 28, 2022 | Listed | $250,000 | MLS #22034538 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | — | $13,501 | $13,501 | $1,100 |
| 2022 | — | $4,577 | $4,577 | $393 |
| 2021 | — | $4,140 | $4,140 | $387 |
| 2020 | — | $4,140 | $4,140 | $389 |
| 2019 | — | $4,140 | $4,140 | $392 |
| 2018 | — | $4,140 | $4,140 | $419 |
| 2017 | — | $4,140 | $4,140 | $417 |
| 2016 | — | $4,140 | $4,140 | $418 |
| 2015 | — | $4,140 | $4,140 | $408 |
| 2014 | — | $5,271 | $5,271 | $521 |
| 2013 | — | $5,271 | $5,271 | $529 |
| 2012 | — | $5,271 | $5,271 | $514 |
| 2011 | — | $5,271 | $5,271 | $521 |
| 2010 | — | $4,973 | $4,973 | $498 |
| 2009 | — | $4,973 | $4,973 | $491 |
| 2008 | — | $4,736 | $4,736 | $469 |
| 2005 | — | $478,100 | $478,100 | — |
Property facts
Year built
1992
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,728 sqft
Lot size
609,840 sqft
ZIP code
62262
City
Mulberry Grove
Street
US Route 40
Coordinates
38.91806, -89.26741
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1940 US Route 40 last sell?
1940 US Route 40 most recently sold on Sep 1, 2022 for $230,000.
What is the current tax assessment for 1940 US Route 40?
The most recent total assessment for 1940 US Route 40 (year 2024) is $13,501 with $1,100 in property tax.
How does 1940 US Route 40's assessment compare to its last sale price?
The current assessment is 94.1% below the last sale price of $230,000.
When was 1940 US Route 40 built?
1940 US Route 40 was built in 1992.
How does 1940 US Route 40 compare to others on US Route 40?
We track 6 other properties on US Route 40. Browse the list under "Other properties on US Route 40" to compare beds, baths, and sale history.
What are the property facts for 1940 US Route 40?
1940 US Route 40 is a 3 bed, 2 bath, 1,728 sqft, 609,840 sqft lot single_family.
Is 1940 US Route 40 a flip candidate?
No — 1940 US Route 40 does not appear in our flips dataset.
Is 1940 US Route 40 a tax-appeal candidate?
No — 1940 US Route 40 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+11.5%
Implied 1-yr
+45.9%
2024 Q3
$241.1K
2024 Q4
$241.1K
ZIP 62262 — Median Price History + Forecast
Explore nearby
Geography
Other properties on US Route 40