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115 Cherry Ln

Washington, IL 61571

3 bd 2 ba 1,276 sqft Built 1996 Lot 9,700 sqft single_family
Most recent sale
$202,500
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $202,500 Public Record
Jul 25, 2022 Listing removed $126,900 MRED
Jun 8, 2022 Listed $126,900 MLS #11412995
May 28, 2016 Listing removed $114,900 RMLSAlliance
May 4, 2016 Price changed $114,900 MLS #1172455
Apr 18, 2016 Listed $119,900 MLS #1172455
Jul 23, 2004 Sold $103,500 Public Record
Jul 22, 2004 Sold $103,500 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $49,610 $5,950 $55,560 $4,407
2023 $42,040 $5,040 $47,080 $4,147
2022 $36,740 $4,710 $41,450 $3,734
2021 $35,840 $4,590 $40,430 $3,597
2020 $35,840 $4,590 $40,430 $3,587
2019 $35,840 $4,590 $40,430 $3,525
2018 $35,840 $4,590 $40,430 $3,458
2017 $35,840 $4,590 $40,430 $3,401
2016 $35,840 $4,590 $40,430 $3,338
2015 $35,840 $4,590 $40,430 $3,318
2014 $34,840 $4,460 $39,300 $3,232
2013 $34,840 $4,460 $39,300 $3,156
2012 $34,840 $4,460 $39,300 $3,147
2011 $34,840 $4,460 $39,300 $2,952
2010 $34,840 $4,460 $39,300 $2,980
2009 $34,840 $4,460 $39,300 $2,863
2008 $33,870 $4,340 $38,210 $2,841
2007 $32,490 $4,160 $36,650 $2,715

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,276 sqft
Lot size
9,700 sqft
ZIP code
61571
City
Washington
Street
Cherry Ln
Coordinates
40.69123, -89.50247

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
$2,297
Gross rental yield
13.61%
Implied cap rate
8.85%
Trend-extrapolated value

Frequently asked questions

When did 115 Cherry Ln last sell?
115 Cherry Ln most recently sold on Jul 27, 2022 for $202,500.
What is the current tax assessment for 115 Cherry Ln?
The most recent total assessment for 115 Cherry Ln (year 2024) is $55,560 with $4,407 in property tax.
How does 115 Cherry Ln's assessment compare to its last sale price?
The current assessment is 72.6% below the last sale price of $202,500.
When was 115 Cherry Ln built?
115 Cherry Ln was built in 1996.
How does 115 Cherry Ln compare to others on Cherry Ln?
We track 8 other properties on Cherry Ln. Browse the list under "Other properties on Cherry Ln" to compare beds, baths, and sale history.
What are the property facts for 115 Cherry Ln?
115 Cherry Ln is a 3 bed, 2 bath, 1,276 sqft, 9,700 sqft lot single_family.
Is 115 Cherry Ln a flip candidate?
No — 115 Cherry Ln does not appear in our flips dataset.
Is 115 Cherry Ln a tax-appeal candidate?
No — 115 Cherry Ln 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$302.3K
2026 Q4
$307.8K
ZIP 61571 — Median Price History + Forecast

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