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407 Cherry St

Watseka, IL 60970

3 bd 2 ba 1,436 sqft Built 1915 Lot 5,227 sqft single_family
Most recent sale
$112,500
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $112,500 MLS #11390113
Apr 30, 2022 Listed $119,000 MLS #11390113
Apr 28, 2022 Listing removed $123,900 MRED
Feb 24, 2022 Listing removed $123,500 MRED
Feb 21, 2022 Listing removed $123,500 MRED
Feb 21, 2022 Listed $123,900 MLS #11329493
Sep 14, 2021 Listed $123,500 MLS #11218063
Jul 30, 2014 Sold $38,000 MLS #08682858
May 3, 2014 Listing removed $70,000 MRED
Jan 1, 2014 Sold $38,000 Public Record
Apr 21, 2013 Listed $70,000 MLS #08322042
Jan 27, 2012 Listing removed $75,000 MRED
Jul 28, 2011 Listed $75,000 MLS #07867277
Jul 22, 2011 Listing removed $72,500 KankakeeCounty
May 3, 2011 Listed $72,500 MLS #202587
Mar 14, 2011 Listing removed $72,500 MRED
Mar 21, 2010 Listed $72,500 MLS #07470219
Jun 1, 2007 Sold $65,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $14,240 $3,460 $17,700 $1,189
2022 $10,950 $2,660 $13,610 $1,438
2021 $10,630 $2,580 $13,210 $1,475
2020 $11,370 $2,760 $14,130 $1,590
2019 $11,000 $2,670 $13,670 $1,532
2018 $10,710 $2,600 $13,310 $1,496
2017 $10,520 $2,550 $13,070 $1,509
2016 $10,520 $2,550 $13,070 $1,530
2015 $10,390 $2,520 $12,910 $1,510
2014 $10,197 $2,470 $12,667 $1,401
2013 $18,820 $2,580 $21,400 $2,330
2012 $19,310 $2,650 $21,960 $2,325
2010 $20,630 $2,850 $23,480 $1,818
2008 $18,610 $2,575 $21,185 $1,651

Property facts

Year built
1915
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,436 sqft
Lot size
5,227 sqft
ZIP code
60970
City
Watseka
Street
Cherry St
Coordinates
40.77495, -87.72894

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
$675
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Cherry St last sell?
407 Cherry St most recently sold on Jun 27, 2022 for $112,500.
What is the current tax assessment for 407 Cherry St?
The most recent total assessment for 407 Cherry St (year 2024) is $17,700 with $1,189 in property tax.
How does 407 Cherry St's assessment compare to its last sale price?
The current assessment is 84.3% below the last sale price of $112,500.
When was 407 Cherry St built?
407 Cherry St was built in 1915.
How does 407 Cherry St compare to others on Cherry St?
We track 8 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 407 Cherry St?
407 Cherry St is a 3 bed, 2 bath, 1,436 sqft, 5,227 sqft lot single_family.
Is 407 Cherry St a flip candidate?
No — 407 Cherry St does not appear in our flips dataset.
Is 407 Cherry St a tax-appeal candidate?
No — 407 Cherry 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
+6.3%
Implied 1-yr
+25.1%
2026 Q3
$159.5K
2026 Q4
$166.6K
ZIP 60970 — Median Price History + Forecast

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