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602 Chestnut St

Pana, IL 62557

2 bd 2 ba 1,256 sqft Built 2002 Lot 4,356 sqft single_family
Most recent sale
$122,250
Nov 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2023 Listing removed $84,500 MRED
Nov 1, 2022 Sold $122,250 MRED
Sep 24, 2022 Listing removed CentralIllinois
Aug 31, 2022 Listing removed $99,500 MRED
Aug 18, 2022 Listed $124,900 MLS #11492609
Aug 16, 2022 Listed $124,900 MLS #6222479
May 23, 2007 Sold $55,000 Public Record
Aug 10, 2006 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $45,519 $2,796 $48,315 $824
2024 $45,519 $2,796 $48,315 $4,157
2023 $40,325 $2,477 $42,802 $850
2022 $18,573 $2,325 $20,898 $884
2021 $18,209 $2,279 $20,488 $882
2020 $17,437 $2,182 $19,619 $897
2019 $17,847 $2,233 $20,080 $930
2018 $18,494 $2,183 $20,677 $987
2017 $18,871 $2,228 $21,099 $1,016
2016 $18,818 $2,222 $21,040 $1,500
2015 $18,599 $2,196 $20,795 $1,491
2014 $15,868 $2,042 $17,910 $1,814
2013 $15,868 $2,042 $17,910 $498
2012 $16,243 $2,090 $18,333 $629
2011 $16,243 $2,090 $18,333 $618
2010 $16,423 $1,910 $18,333 $1,821
2009 $16,423 $1,910 $18,333 $1,789
2008 $16,423 $1,910 $18,333 $2,534
2006 $42,609 $4,048 $46,657 $4,535

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,256 sqft
Lot size
4,356 sqft
ZIP code
62557
City
Pana
Street
Chestnut St
Coordinates
39.38285, -89.08569

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
$734
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 602 Chestnut St last sell?
602 Chestnut St most recently sold on Nov 1, 2022 for $122,250.
What is the current tax assessment for 602 Chestnut St?
The most recent total assessment for 602 Chestnut St (year 2025) is $48,315 with $824 in property tax.
How does 602 Chestnut St's assessment compare to its last sale price?
The current assessment is 60.5% below the last sale price of $122,250.
When was 602 Chestnut St built?
602 Chestnut St was built in 2002.
How does 602 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 602 Chestnut St?
602 Chestnut St is a 2 bed, 2 bath, 1,256 sqft, 4,356 sqft lot single_family.
Is 602 Chestnut St a flip candidate?
No — 602 Chestnut St does not appear in our flips dataset.
Is 602 Chestnut St a tax-appeal candidate?
No — 602 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
+3.4%
Implied 1-yr
+13.8%
2026 Q1
$131K
2026 Q2
$134.7K
ZIP 62557 — Median Price History + Forecast

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