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501 Sheridan St

Pana, IL 62557

2 bd 1 ba 916 sqft Built 1900 Lot 6,534 sqft single_family
Most recent sale
$43,000
Mar 2, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2023 Listing removed MARIS
Mar 27, 2023 Sold $43,000 MARIS
Mar 8, 2023 Listing removed $46,500 MRED
Mar 2, 2023 Sold $43,000 Public Record
Nov 11, 2022 Price changed $52,000 MARIS
Oct 5, 2022 Listed $56,500 MARIS
Feb 9, 2016 Listing removed $46,500 CentralIllinois
May 8, 2015 Listed $46,500 CentralIllinois
Nov 16, 2006 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $14,420 $2,697 $17,117 $890
2023 $12,775 $2,389 $15,164 $1,414
2022 $7,382 $2,240 $9,622 $987
2021 $7,237 $2,196 $9,433 $966
2020 $6,930 $2,103 $9,033 $940
2019 $7,093 $2,153 $9,246 $946
2018 $6,935 $2,105 $9,040 $922
2017 $7,077 $2,148 $9,225 $927
2016 $7,057 $2,142 $9,199 $917
2015 $6,975 $2,118 $9,093 $311
2014 $9,727 $1,970 $11,697 $576
2013 $9,727 $1,970 $11,697 $578
2012 $9,957 $2,017 $11,974 $593
2011 $9,957 $2,017 $11,974 $582
2010 $9,903 $1,843 $11,746 $570
2009 $9,903 $1,843 $11,746 $560
2008 $9,903 $1,843 $11,746 $650
2006 $9,593 $1,711 $11,304 $487

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
916 sqft
Lot size
6,534 sqft
ZIP code
62557
City
Pana
Street
Sheridan St
Coordinates
39.38513, -89.09180

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
$258
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Sheridan St last sell?
501 Sheridan St most recently sold on Mar 2, 2023 for $43,000.
What is the current tax assessment for 501 Sheridan St?
The most recent total assessment for 501 Sheridan St (year 2024) is $17,117 with $890 in property tax.
How does 501 Sheridan St's assessment compare to its last sale price?
The current assessment is 60.2% below the last sale price of $43,000.
When was 501 Sheridan St built?
501 Sheridan St was built in 1900.
How does 501 Sheridan St compare to others on Sheridan St?
We track 8 other properties on Sheridan St. Browse the list under "Other properties on Sheridan St" to compare beds, baths, and sale history.
What are the property facts for 501 Sheridan St?
501 Sheridan St is a 2 bed, 1 bath, 916 sqft, 6,534 sqft lot single_family.
Is 501 Sheridan St a flip candidate?
No — 501 Sheridan St does not appear in our flips dataset.
Is 501 Sheridan St a tax-appeal candidate?
No — 501 Sheridan 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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