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507 Morrell St

Streator, IL 61364

3 bd 1 ba 1,200 sqft Lot 6,970 sqft single_family
Most recent sale
$35,000
Apr 18, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Sold $35,000 MRED
Feb 15, 2024 Relisted $55,000 MRED
Feb 12, 2024 Listing removed $55,000 MRED
Jan 28, 2024 Relisted $55,000 MRED
Jan 26, 2024 Listing removed $55,000 MRED
Dec 30, 2023 Price changed $55,000 MRED
Dec 7, 2023 Listed $60,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $22,152 $2,746 $24,898 $2,291
2023 $19,069 $2,364 $21,433 $1,447
2022 $14,304 $1,921 $16,225 $261
2021 $13,497 $1,813 $15,310 $265
2020 $13,072 $1,756 $14,828 $264
2019 $12,244 $1,645 $13,889 $269
2018 $11,671 $1,568 $13,239 $281
2017 $11,608 $1,560 $13,168 $279
2016 $12,462 $1,675 $14,137 $359
2015 $12,268 $1,649 $13,917 $392
2014 $12,523 $1,683 $14,206 $399
2013 $12,674 $1,703 $14,377 $410
2012 $14,099 $1,895 $15,994 $528
2011 $15,094 $2,029 $17,123 $524
2010 $15,372 $2,066 $17,438 $521
2008 $14,972 $2,013 $16,985 $560
2006 $14,623 $1,966 $16,589 $681
2005 $14,549 $740

Property facts

Year built
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,200 sqft
Lot size
6,970 sqft
ZIP code
61364
City
Streator
Street
Morrell St
Coordinates
41.12684, -88.84182

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
$210
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Morrell St last sell?
507 Morrell St most recently sold on Apr 18, 2024 for $35,000.
What is the current tax assessment for 507 Morrell St?
The most recent total assessment for 507 Morrell St (year 2024) is $24,898 with $2,291 in property tax.
How does 507 Morrell St's assessment compare to its last sale price?
The current assessment is 28.9% below the last sale price of $35,000.
When was 507 Morrell St built?
The year built for 507 Morrell St is not in our records.
How does 507 Morrell St compare to others on Morrell St?
We track 8 other properties on Morrell St. Browse the list under "Other properties on Morrell St" to compare beds, baths, and sale history.
What are the property facts for 507 Morrell St?
507 Morrell St is a 3 bed, 1 bath, 1,200 sqft, 6,970 sqft lot single_family.
Is 507 Morrell St a flip candidate?
No — 507 Morrell St does not appear in our flips dataset.
Is 507 Morrell St a tax-appeal candidate?
No — 507 Morrell 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$143K
2026 Q4
$145.9K
ZIP 61364 — Median Price History + Forecast

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