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331 Market St

Sparta, IL 62286

3 bd 1 ba 1,104 sqft Built 1921 single_family
Most recent sale
$47,000
Dec 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2025 Sold $65,000 MARIS
Dec 20, 2021 Sold $47,000 MLS #21063366
Sep 2, 2021 Listed $53,000 MLS #21063366

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $16,135 $3,875 $20,010 $1,009
2023 $15,105 $3,625 $18,730 $959
2022 $14,035 $2,930 $16,965 $937
2021 $6,140 $2,065 $8,205 $778
2020 $6,290 $2,116 $8,406 $732
2019 $6,250 $2,100 $8,350 $713
2018 $6,207 $2,084 $8,291 $708
2017 $5,680 $1,905 $7,585 $610
2016 $5,475 $1,835 $7,310 $644
2015 $5,475 $1,835 $7,310 $645
2014 $5,580 $1,870 $7,450 $638
2013 $5,650 $1,895 $7,545 $623
2012 $5,650 $1,895 $7,545 $607
2011 $5,650 $1,895 $7,545 $587
2010 $5,895 $1,980 $7,875 $613
2009 $6,105 $2,050 $8,155 $610
2008 $5,445 $1,830 $7,275 $586
2005 $4,245 $1,425 $5,670 $466

Property facts

Year built
1921
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,104 sqft
Lot size
ZIP code
62286
City
Sparta
Street
Market St
Coordinates
38.12051, -89.70177

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
$282
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 331 Market St last sell?
331 Market St most recently sold on Dec 20, 2021 for $47,000.
What is the current tax assessment for 331 Market St?
The most recent total assessment for 331 Market St (year 2024) is $20,010 with $1,009 in property tax.
How does 331 Market St's assessment compare to its last sale price?
The current assessment is 57.4% below the last sale price of $47,000.
When was 331 Market St built?
331 Market St was built in 1921.
How does 331 Market St compare to others on Market St?
We track 8 other properties on Market St. Browse the list under "Other properties on Market St" to compare beds, baths, and sale history.
What are the property facts for 331 Market St?
331 Market St is a 3 bed, 1 bath, 1,104 sqft single_family.
Is 331 Market St a flip candidate?
No — 331 Market St does not appear in our flips dataset.
Is 331 Market St a tax-appeal candidate?
No — 331 Market 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
-0.6%
Implied 1-yr
-2.2%
2026 Q3
$127.5K
2026 Q4
$126.7K
ZIP 62286 — Median Price History + Forecast

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