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503 Main St

Sparta, IL 62286

3 bd 1 ba 1,400 sqft single_family
Most recent sale
$40,000
Jan 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 21, 2022 Sold $40,000 MLS #21038459
Jun 4, 2021 Listed $48,500 MLS #21038459

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $18,235 $3,290 $21,525 $1,121
2023 $17,070 $3,080 $20,150 $1,070
2022 $19,325 $2,355 $21,680 $1,853
2021 $18,065 $2,200 $20,265 $1,922
2020 $18,499 $2,251 $20,750 $1,806
2019 $18,380 $2,235 $20,615 $1,763
2018 $18,257 $2,222 $20,479 $1,751
2017 $16,710 $2,035 $18,745 $1,454
2016 $16,105 $1,960 $18,065 $1,593
2015 $16,105 $1,960 $18,065 $1,594
2014 $16,420 $2,000 $18,420 $36
2013 $16,630 $2,025 $18,655 $35
2012 $16,630 $2,025 $18,655 $114
2011 $16,630 $2,025 $18,655 $110
2010 $17,355 $2,115 $19,470 $111
2009 $17,965 $2,190 $20,155 $106
2008 $16,035 $1,955 $17,990 $142
2005 $12,485 $1,525 $14,010 $508

Property facts

Year built
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,400 sqft
Lot size
ZIP code
62286
City
Sparta
Street
Main St
Coordinates
38.12524, -89.69599

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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 Main St last sell?
503 Main St most recently sold on Jan 21, 2022 for $40,000.
What is the current tax assessment for 503 Main St?
The most recent total assessment for 503 Main St (year 2024) is $21,525 with $1,121 in property tax.
How does 503 Main St's assessment compare to its last sale price?
The current assessment is 46.2% below the last sale price of $40,000.
When was 503 Main St built?
The year built for 503 Main St is not in our records.
How does 503 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 503 Main St?
503 Main St is a 3 bed, 1 bath, 1,400 sqft single_family.
Is 503 Main St a flip candidate?
No — 503 Main St does not appear in our flips dataset.
Is 503 Main St a tax-appeal candidate?
No — 503 Main 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
+0.8%
Implied 1-yr
+3.0%
2026 Q3
$117.9K
2026 Q4
$117.9K
ZIP 62286 — Median Price History + Forecast

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