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407 Market St

Sparta, IL 62286

3 bd 1 ba 1,279 sqft Built 1920 Lot 11,880 sqft single_family
Most recent sale
$72,900
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $72,900 MLS #21066012
Oct 14, 2021 Price changed $75,800 MLS #21066012
Sep 14, 2021 Listed $79,900 MLS #21066012
Mar 20, 2018 Sold $65,000 MLS #16084476
Feb 1, 2017 Price changed $65,000 MLS #16084476
Jan 18, 2017 Price changed $69,000 MLS #16084476
Dec 23, 2016 Listed $75,000 MLS #16084476
Oct 19, 2011 Sold $54,500 MLS #4010259
Sep 8, 2011 Listed $59,900 MLS #4010259

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $24,500 $3,645 $28,145 $1,068
2023 $22,935 $3,410 $26,345 $1,134
2022 $21,310 $3,170 $24,480 $1,580
2021 $19,920 $2,965 $22,885 $1,601
2020 $20,401 $3,038 $23,439 $1,518
2019 $20,270 $3,020 $23,290 $1,478
2018 $20,132 $2,999 $23,131 $1,464
2017 $18,425 $2,745 $21,170 $1,221
2016 $17,755 $2,645 $20,400 $1,270
2015 $17,755 $2,645 $20,400 $1,271
2014 $18,105 $2,695 $20,800 $1,268
2013 $18,335 $2,730 $21,065 $1,246
2012 $18,335 $2,730 $21,065 $1,213
2011 $18,335 $2,730 $21,065 $861
2010 $19,135 $2,850 $21,985 $197
2009 $19,810 $2,950 $22,760 $189
2008 $17,675 $2,630 $20,305 $223
2005 $13,760 $2,050 $15,810 $602

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,279 sqft
Lot size
11,880 sqft
ZIP code
62286
City
Sparta
Street
Market St
Coordinates
38.12778, -89.70311

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
$437
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Market St last sell?
407 Market St most recently sold on Mar 11, 2022 for $72,900.
What is the current tax assessment for 407 Market St?
The most recent total assessment for 407 Market St (year 2024) is $28,145 with $1,068 in property tax.
How does 407 Market St's assessment compare to its last sale price?
The current assessment is 61.4% below the last sale price of $72,900.
When was 407 Market St built?
407 Market St was built in 1920.
How does 407 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 407 Market St?
407 Market St is a 3 bed, 1 bath, 1,279 sqft, 11,880 sqft lot single_family.
Is 407 Market St a flip candidate?
No — 407 Market St does not appear in our flips dataset.
Is 407 Market St a tax-appeal candidate?
No — 407 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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