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505 7th St

Saint Joseph, IL 61873

3 bd 2 ba 1,420 sqft Built 1957 Lot 5,184 sqft single_family
Most recent sale
$175,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $175,000 MLS #11372452
May 12, 2022 Listed $175,000 MLS #11372452
Jun 27, 2016 Sold $104,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $39,040 $9,440 $48,480 $2,778
2023 $36,900 $8,920 $45,820 $2,569
2022 $31,160 $7,530 $38,690 $2,424
2021 $29,650 $7,160 $36,810 $2,315
2020 $29,240 $7,060 $36,300 $2,288
2019 $28,200 $6,810 $35,010 $2,192
2018 $27,120 $6,550 $33,670 $2,079
2017 $26,540 $6,410 $32,950 $2,040
2016 $26,100 $6,300 $32,400 $1,986
2015 $25,790 $6,220 $32,010 $486
2014 $24,920 $6,010 $30,930 $489
2013 $24,650 $5,940 $30,590 $475
2012 $24,650 $5,940 $30,590 $538
2011 $24,650 $5,940 $30,590 $540
2010 $24,650 $5,940 $30,590 $534
2009 $24,240 $5,840 $30,080 $534
2008 $23,810 $5,740 $29,550 $587
2006 $22,040 $5,310 $27,350 $812
2005 $22,440 $5,110 $27,550 $694

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,420 sqft
Lot size
5,184 sqft
ZIP code
61873
City
Saint Joseph
Street
7th St
Coordinates
40.11586, -88.03612

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
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 7th St last sell?
505 7th St most recently sold on Jun 28, 2022 for $175,000.
What is the current tax assessment for 505 7th St?
The most recent total assessment for 505 7th St (year 2024) is $48,480 with $2,778 in property tax.
How does 505 7th St's assessment compare to its last sale price?
The current assessment is 72.3% below the last sale price of $175,000.
When was 505 7th St built?
505 7th St was built in 1957.
How does 505 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 505 7th St?
505 7th St is a 3 bed, 2 bath, 1,420 sqft, 5,184 sqft lot single_family.
Is 505 7th St a flip candidate?
No — 505 7th St does not appear in our flips dataset.
Is 505 7th St a tax-appeal candidate?
No — 505 7th 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
+1.7%
Implied 1-yr
+6.8%
2026 Q3
$240K
2026 Q4
$243.7K
ZIP 61873 — Median Price History + Forecast

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