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408 Commercial St

Thomasboro, IL 61878

2 bd 1 ba 1,050 sqft Built 1890 Lot 8,668 sqft single_family
Most recent sale
$65,000
Nov 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2023 Listing removed $89,900 MRED
Aug 2, 2023 Listed $89,900 MRED
Nov 10, 2021 Sold $65,000 MLS #11179041

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $8,040 $9,990 $18,030 $782
2023 $7,320 $9,100 $16,420 $687
2022 $5,830 $7,250 $13,080 $593
2021 $5,440 $6,770 $12,210 $1,023
2020 $5,260 $6,540 $11,800 $1,016
2019 $5,050 $6,280 $11,330 $983
2018 $4,790 $5,960 $10,750 $975
2017 $4,650 $5,790 $10,440 $426
2016 $4,650 $5,790 $10,440 $424
2015 $4,650 $5,790 $10,440 $424
2014 $4,650 $5,790 $10,440 $397
2013 $4,750 $5,920 $10,670 $418
2012 $4,750 $5,920 $10,670 $410
2011 $5,010 $6,240 $11,250 $110
2010 $5,200 $6,470 $11,670 $138
2009 $5,200 $6,470 $11,670 $120

Property facts

Year built
1890
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,050 sqft
Lot size
8,668 sqft
ZIP code
61878
City
Thomasboro
Street
Commercial St
Coordinates
40.24221, -88.18731

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 Commercial St last sell?
408 Commercial St most recently sold on Nov 10, 2021 for $65,000.
What is the current tax assessment for 408 Commercial St?
The most recent total assessment for 408 Commercial St (year 2024) is $18,030 with $782 in property tax.
How does 408 Commercial St's assessment compare to its last sale price?
The current assessment is 72.3% below the last sale price of $65,000.
When was 408 Commercial St built?
408 Commercial St was built in 1890.
How does 408 Commercial St compare to others on Commercial St?
We track 5 other properties on Commercial St. Browse the list under "Other properties on Commercial St" to compare beds, baths, and sale history.
What are the property facts for 408 Commercial St?
408 Commercial St is a 2 bed, 1 bath, 1,050 sqft, 8,668 sqft lot single_family.
Is 408 Commercial St a flip candidate?
No — 408 Commercial St does not appear in our flips dataset.
Is 408 Commercial St a tax-appeal candidate?
No — 408 Commercial 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
+6.0%
Implied 1-yr
+24.1%
2026 Q1
$184.5K
2026 Q2
$192.5K
ZIP 61878 — Median Price History + Forecast

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