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509 Ridge Ave

Steeleville, IL 62288

2 bd 1 ba 870 sqft Built 1941 Lot 10,454 sqft single_family
Most recent sale
$63,000
Jan 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 21, 2022 Sold $63,000 MLS #21082420
Nov 30, 2021 Listed $68,000 MLS #EB442329
Nov 22, 2021 Listed $68,000 MLS #21082420
Aug 24, 2010 Sold $68,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $21,000 $3,630 $24,630 $1,019
2023 $19,965 $3,450 $23,415 $964
2022 $18,655 $3,225 $21,880 $1,310
2021 $18,710 $3,025 $21,735 $1,295
2020 $17,796 $2,876 $20,672 $1,269
2019 $17,680 $2,860 $20,540 $1,256
2018 $17,563 $2,839 $20,402 $1,239
2017 $15,770 $2,550 $18,320 $808
2016 $15,845 $2,565 $18,410 $843
2015 $15,845 $2,565 $18,410 $806
2014 $16,540 $2,675 $19,215 $838
2013 $15,940 $2,580 $18,520 $801
2012 $16,365 $2,650 $19,015 $804
2011 $15,890 $2,575 $18,465 $767
2010 $15,620 $2,530 $18,150 $1,119
2009 $15,620 $2,530 $18,150 $1,116
2008 $15,040 $2,440 $17,480 $1,080
2005 $13,140 $2,135 $15,275 $665

Property facts

Year built
1941
Property type
single_family
Stories
Beds
2
Baths
1
Living area
870 sqft
Lot size
10,454 sqft
ZIP code
62288
City
Steeleville
Street
Ridge Ave
Coordinates
38.00379, -89.65779

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
$378
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Ridge Ave last sell?
509 Ridge Ave most recently sold on Jan 21, 2022 for $63,000.
What is the current tax assessment for 509 Ridge Ave?
The most recent total assessment for 509 Ridge Ave (year 2024) is $24,630 with $1,019 in property tax.
How does 509 Ridge Ave's assessment compare to its last sale price?
The current assessment is 60.9% below the last sale price of $63,000.
When was 509 Ridge Ave built?
509 Ridge Ave was built in 1941.
How does 509 Ridge Ave compare to others on Ridge Ave?
We track 8 other properties on Ridge Ave. Browse the list under "Other properties on Ridge Ave" to compare beds, baths, and sale history.
What are the property facts for 509 Ridge Ave?
509 Ridge Ave is a 2 bed, 1 bath, 870 sqft, 10,454 sqft lot single_family.
Is 509 Ridge Ave a flip candidate?
No — 509 Ridge Ave does not appear in our flips dataset.
Is 509 Ridge Ave a tax-appeal candidate?
No — 509 Ridge Ave 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
+1.0%
Implied 1-yr
+4.0%
2026 Q1
$199.9K
2026 Q2
$201.2K
ZIP 62288 — Median Price History + Forecast

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