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225 Cedar St

Waterman, IL 60556

2 bd 2 ba 1,710 sqft Built 1902 Lot 8,584 sqft single_family
Most recent sale
$191,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2024 Sold $228,000 MRED
Oct 14, 2022 Sold $191,000 MLS #11626137
Sep 9, 2022 Listed $184,500 MLS #11626137
Apr 1, 2009 Sold $117,500 Public Record
Mar 26, 2009 Listing removed $129,900 Dekalb
Mar 6, 2009 Listed $129,900 MLS #SG564
Jul 29, 1999 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $62,396 $10,298 $72,694 $4,823
2024 $62,396 $10,298 $72,694 $3,622
2023 $43,918 $9,270 $53,188 $3,441
2022 $33,340 $8,025 $41,365 $2,906
2021 $31,871 $7,671 $39,542 $2,886
2020 $30,551 $7,353 $37,904 $2,813
2019 $29,404 $7,077 $36,481 $2,713
2018 $28,176 $6,781 $34,957 $2,621
2017 $27,092 $6,520 $33,612 $3,108
2016 $26,020 $6,262 $32,282 $3,020
2015 $24,547 $5,908 $30,455 $2,061
2014 $24,333 $5,856 $30,189 $2,009
2013 $25,042 $6,027 $31,069 $2,055
2012 $27,199 $6,546 $33,745 $2,192
2011 $26,358 $7,314 $33,672 $2,230
2010 $28,700 $7,964 $36,664 $2,349
2009 $30,464 $8,453 $38,917 $2,510
2008 $30,118 $8,357 $38,475 $2,497
2007 $28,697 $7,963 $36,660 $2,419
2006 $26,636 $7,835 $34,471 $2,360

Property facts

Year built
1902
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,710 sqft
Lot size
8,584 sqft
ZIP code
60556
City
Waterman
Street
Cedar St
Coordinates
41.77096, -88.77566

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,146
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 225 Cedar St last sell?
225 Cedar St most recently sold on Oct 14, 2022 for $191,000.
What is the current tax assessment for 225 Cedar St?
The most recent total assessment for 225 Cedar St (year 2025) is $72,694 with $4,823 in property tax.
How does 225 Cedar St's assessment compare to its last sale price?
The current assessment is 61.9% below the last sale price of $191,000.
When was 225 Cedar St built?
225 Cedar St was built in 1902.
How does 225 Cedar St compare to others on Cedar St?
We track 8 other properties on Cedar St. Browse the list under "Other properties on Cedar St" to compare beds, baths, and sale history.
What are the property facts for 225 Cedar St?
225 Cedar St is a 2 bed, 2 bath, 1,710 sqft, 8,584 sqft lot single_family.
Is 225 Cedar St a flip candidate?
No — 225 Cedar St does not appear in our flips dataset.
Is 225 Cedar St a tax-appeal candidate?
No — 225 Cedar 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
+24.0%
2025 Q4
$344.9K
2026 Q1
$359.8K
ZIP 60556 — Median Price History + Forecast

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