305 Mercer St
Princeton, IL 61356
3 bd 2 ba 1,560 sqft Built 1966 Lot 7,500 sqft single_family
Most recent sale
$172,000
Jan 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 28, 2022 | Sold | $172,000 | MLS #11254336 |
| Oct 24, 2021 | Listed | $172,000 | MLS #11254336 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $63,420 | $5,811 | $69,231 | $5,245 |
| 2023 | $63,420 | $5,811 | $69,231 | $4,937 |
| 2022 | $54,762 | $5,018 | $59,780 | $5,150 |
| 2021 | $39,810 | $4,750 | $44,560 | $2,987 |
| 2020 | $38,353 | $4,576 | $42,929 | $2,858 |
| 2018 | $37,246 | $4,444 | $41,690 | $2,786 |
| 2017 | $37,381 | $4,460 | $41,841 | $2,838 |
| 2016 | $36,405 | $4,344 | $40,749 | $2,743 |
| 2015 | $36,581 | $4,365 | $40,946 | $2,733 |
| 2014 | $35,769 | $4,268 | $40,037 | $2,567 |
| 2013 | $35,963 | $4,291 | $40,254 | $2,504 |
| 2012 | $36,071 | $4,304 | $40,375 | $2,610 |
| 2011 | $36,300 | $4,331 | $40,631 | $2,504 |
| 2010 | $36,898 | $4,402 | $41,300 | $2,611 |
| 2009 | $36,931 | $4,406 | $41,337 | $2,544 |
| 2008 | $36,453 | $4,349 | $40,802 | $2,536 |
Property facts
Year built
1966
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,560 sqft
Lot size
7,500 sqft
ZIP code
61356
City
Princeton
Street
Mercer St
Coordinates
41.37820, -89.47051
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
$1,032
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 305 Mercer St last sell?
305 Mercer St most recently sold on Jan 28, 2022 for $172,000.
What is the current tax assessment for 305 Mercer St?
The most recent total assessment for 305 Mercer St (year 2024) is $69,231 with $5,245 in property tax.
How does 305 Mercer St's assessment compare to its last sale price?
The current assessment is 59.7% below the last sale price of $172,000.
When was 305 Mercer St built?
305 Mercer St was built in 1966.
How does 305 Mercer St compare to others on Mercer St?
We track 8 other properties on Mercer St. Browse the list under "Other properties on Mercer St" to compare beds, baths, and sale history.
What are the property facts for 305 Mercer St?
305 Mercer St is a 3 bed, 2 bath, 1,560 sqft, 7,500 sqft lot single_family.
Is 305 Mercer St a flip candidate?
No — 305 Mercer St does not appear in our flips dataset.
Is 305 Mercer St a tax-appeal candidate?
No — 305 Mercer 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
+25.6%
Implied 1-yr
+102.2%
2026 Q2
$1.95M
2026 Q3
$1.95M
ZIP 61356 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mercer St