502 Central St
Tolono, IL 61880
3 bd 2 ba 1,534 sqft Built 1963 Lot 9,700 sqft single_family
Most recent sale
$165,000
Feb 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 25, 2022 | Sold | $165,000 | MLS #11301838 |
| Jan 18, 2022 | Listed | $165,000 | MLS #11301838 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $55,310 | $14,110 | $69,420 | $3,648 |
| 2023 | $51,170 | $13,050 | $64,220 | $3,427 |
| 2022 | $44,150 | $11,260 | $55,410 | $3,228 |
| 2021 | $41,890 | $10,680 | $52,570 | $3,065 |
| 2020 | $40,950 | $10,440 | $51,390 | $3,024 |
| 2019 | $40,380 | $10,300 | $50,680 | $3,226 |
| 2018 | $40,380 | $10,300 | $50,680 | $3,189 |
| 2017 | $38,640 | $9,860 | $48,500 | $3,195 |
| 2016 | $36,940 | $9,430 | $46,370 | $3,092 |
| 2015 | $35,620 | $9,090 | $44,710 | $3,032 |
| 2014 | $36,200 | $9,240 | $45,440 | $3,084 |
| 2013 | $36,200 | $9,240 | $45,440 | $3,018 |
| 2012 | $36,200 | $9,240 | $45,440 | $2,981 |
| 2011 | $37,130 | $9,480 | $46,610 | $2,946 |
| 2010 | $37,130 | $9,480 | $46,610 | $2,894 |
| 2009 | $37,130 | $9,480 | $46,610 | $2,965 |
| 2008 | $36,690 | $9,370 | $46,060 | $2,995 |
| 2006 | $33,790 | $8,630 | $42,420 | $2,856 |
| 2005 | $32,210 | $8,230 | $40,440 | $2,791 |
Property facts
Year built
1963
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,534 sqft
Lot size
9,700 sqft
ZIP code
61880
City
Tolono
Street
Central St
Coordinates
39.98973, -88.25470
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Central St last sell?
502 Central St most recently sold on Feb 25, 2022 for $165,000.
What is the current tax assessment for 502 Central St?
The most recent total assessment for 502 Central St (year 2024) is $69,420 with $3,648 in property tax.
How does 502 Central St's assessment compare to its last sale price?
The current assessment is 57.9% below the last sale price of $165,000.
When was 502 Central St built?
502 Central St was built in 1963.
How does 502 Central St compare to others on Central St?
We track 8 other properties on Central St. Browse the list under "Other properties on Central St" to compare beds, baths, and sale history.
What are the property facts for 502 Central St?
502 Central St is a 3 bed, 2 bath, 1,534 sqft, 9,700 sqft lot single_family.
Is 502 Central St a flip candidate?
No — 502 Central St does not appear in our flips dataset.
Is 502 Central St a tax-appeal candidate?
No — 502 Central St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q1
$307.6K
2026 Q2
$316K
ZIP 61880 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Central St