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502 Grove St

Pontiac, IL 61764

3 bd 1 ba 1,279 sqft Built 1895 Lot 6,098 sqft single_family
Most recent sale
$115,000
Oct 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2022 Sold $115,000 MLS #11481673
Oct 1, 2022 Price changed $122,000 MLS #11481673
Aug 22, 2022 Price changed $129,900 MLS #11481673
Aug 3, 2022 Listed $139,000 MLS #11481673
Apr 12, 2018 Sold $114,000 MLS #107635
Jan 9, 2018 Price changed $115,000 MLS #107635
Jan 1, 2018 Sold $114,000 Public Record
Sep 9, 2017 Listed $117,000 MLS #107635
May 5, 2015 Sold $112,000 MLS #106231
Mar 2, 2015 Listed $119,900 MLS #106231
Jan 1, 2015 Sold $112,000 Public Record
Jan 1, 2008 Sold $81,000 Public Record
Jan 1, 2001 Sold $63,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $40,715 $3,855 $44,570 $3,566
2023 $38,087 $3,606 $41,693 $3,436
2022 $38,707 $3,606 $42,313 $3,651
2021 $37,218 $3,467 $40,685 $3,528
2020 $36,099 $3,363 $39,462 $3,478
2019 $34,518 $3,216 $37,734 $3,372
2018 $29,326 $3,248 $32,574 $2,804
2017 $29,297 $3,245 $32,542 $2,792
2016 $29,653 $3,284 $32,937 $2,812
2015 $29,653 $3,284 $32,937 $2,841
2014 $19,119 $3,421 $22,540 $1,714
2013 $19,670 $3,520 $23,190 $1,724
2012 $20,299 $3,633 $23,932 $1,726
2011 $19,323 $3,719 $23,042 $1,580
2010 $21,073 $3,542 $24,615 $1,714
2009 $21,073 $3,542 $24,615 $1,675
2008 $20,185 $3,393 $23,578 $1,671
2005 $18,454 $3,336 $21,790 $1,421

Property facts

Year built
1895
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,279 sqft
Lot size
6,098 sqft
ZIP code
61764
City
Pontiac
Street
Grove St
Coordinates
40.87617, -88.63340

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 502 Grove St last sell?
502 Grove St most recently sold on Oct 6, 2022 for $115,000.
What is the current tax assessment for 502 Grove St?
The most recent total assessment for 502 Grove St (year 2024) is $44,570 with $3,566 in property tax.
How does 502 Grove St's assessment compare to its last sale price?
The current assessment is 61.2% below the last sale price of $115,000.
When was 502 Grove St built?
502 Grove St was built in 1895.
How does 502 Grove St compare to others on Grove St?
We track 8 other properties on Grove St. Browse the list under "Other properties on Grove St" to compare beds, baths, and sale history.
What are the property facts for 502 Grove St?
502 Grove St is a 3 bed, 1 bath, 1,279 sqft, 6,098 sqft lot single_family.
Is 502 Grove St a flip candidate?
No — 502 Grove St does not appear in our flips dataset.
Is 502 Grove St a tax-appeal candidate?
No — 502 Grove 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
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$146.1K
2026 Q4
$144.4K
ZIP 61764 — Median Price History + Forecast

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