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602 Elm St

Villa Grove, IL 61956

3 bd 1 ba 1,369 sqft Built 1894 Lot 6,970 sqft single_family
Most recent sale
$832,500
Mar 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2026 Sold $65,000 MRED
Jan 12, 2026 Listed $70,000 MRED
Aug 18, 2025 Sold $53,000 MRED
Jun 13, 2025 Listed $59,900 MRED
Aug 23, 2024 Sold $53,900 MRED
Aug 6, 2024 Price changed $53,900 CentralIllinois
Jul 17, 2024 Listed $59,900 MRED
Jul 16, 2024 Listed $59,900 MRED
Jun 10, 2022 Listing removed $58,500 MRED
May 22, 2022 Listed $58,500 MLS #11412089
Mar 9, 2021 Sold $832,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $14,805 $1,882 $16,687 $1,355
2022 $11,647 $1,166 $12,813 $1,053
2021 $10,998 $1,101 $12,099 $994
2020 $10,484 $1,050 $11,534 $966
2019 $10,484 $1,050 $11,534 $946
2018 $13,387 $1,104 $14,491 $1,206
2017 $13,239 $1,092 $14,331 $1,240
2016 $12,730 $1,050 $13,780 $1,200
2015 $12,730 $1,050 $13,780 $1,154
2014 $11,183 $1,050 $12,233 $1,041
2013 $13,433 $836 $14,269 $1,180
2012 $14,775 $919 $15,694 $1,241
2010 $18,153 $945 $19,098 $1,568

Property facts

Year built
1894
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,369 sqft
Lot size
6,970 sqft
ZIP code
61956
City
Villa Grove
Street
Elm St
Coordinates
39.85744, -88.15810

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,995
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 602 Elm St last sell?
602 Elm St most recently sold on Mar 9, 2021 for $832,500.
What is the current tax assessment for 602 Elm St?
The most recent total assessment for 602 Elm St (year 2024) is $16,687 with $1,355 in property tax.
How does 602 Elm St's assessment compare to its last sale price?
The current assessment is 98.0% below the last sale price of $832,500.
When was 602 Elm St built?
602 Elm St was built in 1894.
How does 602 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 602 Elm St?
602 Elm St is a 3 bed, 1 bath, 1,369 sqft, 6,970 sqft lot single_family.
Is 602 Elm St a flip candidate?
Yes — 602 Elm St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 602 Elm St a tax-appeal candidate?
No — 602 Elm 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
-4.9%
Implied 1-yr
-19.7%
2026 Q3
$98.1K
2026 Q4
$91K
ZIP 61956 — Median Price History + Forecast

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