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508 Pearl St

Thomasboro, IL 61878

4 bd 2 ba 1,400 sqft Built 1976 Lot 11,761 sqft multi_family
Most recent sale
$35,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $35,000 MLS #11268502
May 24, 2022 Price changed $57,000 MLS #11268502
Nov 11, 2021 Listed $59,900 MLS #11268502
Dec 31, 2007 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $17,230 $6,640 $23,870 $1,601
2023 $15,690 $6,050 $21,740 $1,510
2022 $12,500 $4,820 $17,320 $1,416
2021 $11,670 $4,500 $16,170 $1,345
2020 $11,280 $4,350 $15,630 $1,336
2019 $10,840 $4,180 $15,020 $1,295
2018 $10,280 $3,970 $14,250 $1,287
2017 $9,990 $3,860 $13,850 $1,311
2016 $9,990 $3,860 $13,850 $1,306
2015 $9,990 $3,860 $13,850 $1,308
2014 $9,990 $3,860 $13,850 $1,240
2013 $10,210 $3,950 $14,160 $1,249
2012 $10,210 $3,950 $14,160 $1,224
2011 $10,760 $4,160 $14,920 $1,223
2010 $11,160 $4,310 $15,470 $1,225
2009 $11,160 $4,310 $15,470 $1,156
2008 $11,390 $4,400 $15,790 $1,189
2006 $10,440 $4,040 $14,480 $1,108
2005 $10,000 $3,870 $13,870 $1,059

Property facts

Year built
1976
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
1,400 sqft
Lot size
11,761 sqft
ZIP code
61878
City
Thomasboro
Street
Pearl St
Coordinates
40.24239, -88.19119

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 508 Pearl St last sell?
508 Pearl St most recently sold on Sep 30, 2022 for $35,000.
What is the current tax assessment for 508 Pearl St?
The most recent total assessment for 508 Pearl St (year 2024) is $23,870 with $1,601 in property tax.
How does 508 Pearl St's assessment compare to its last sale price?
The current assessment is 31.8% below the last sale price of $35,000.
When was 508 Pearl St built?
508 Pearl St was built in 1976.
How does 508 Pearl St compare to others on Pearl St?
We track 8 other properties on Pearl St. Browse the list under "Other properties on Pearl St" to compare beds, baths, and sale history.
What are the property facts for 508 Pearl St?
508 Pearl St is a 4 bed, 2 bath, 1,400 sqft, 11,761 sqft lot multi_family.
Is 508 Pearl St a flip candidate?
No — 508 Pearl St does not appear in our flips dataset.
Is 508 Pearl St a tax-appeal candidate?
No — 508 Pearl 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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