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316 Michigan St

Westville, IL 61883

3 bd 1 ba 955 sqft Built 1945 Lot 7,900 sqft single_family
Most recent sale
$58,000
Apr 16, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 7, 2024 Listed for rent $975 Avail
Apr 16, 2024 Sold $58,000 MRED
Apr 13, 2024 Listing removed CentralIllinois
Mar 28, 2024 Listed $59,900 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $7,794 $2,757 $10,551 $826
2022 $6,818 $2,412 $9,230 $749
2021 $6,493 $2,297 $8,790 $741
2020 $6,125 $2,167 $8,292 $712
2019 $6,097 $2,157 $8,254 $709
2018 $5,891 $2,084 $7,975 $690
2017 $5,557 $1,966 $7,523 $672
2016 $5,194 $1,838 $7,032 $649
2015 $5,033 $1,781 $6,814 $641
2014 $5,223 $1,848 $7,071 $632
2013 $5,223 $1,848 $7,071 $631
2012 $5,412 $1,915 $7,327 $635
2011 $5,412 $1,915 $7,327 $607
2010 $5,412 $1,915 $7,327 $609
2007 $5,412 $1,915 $7,327 $585
2006 $5,412 $1,915 $7,327 $558

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
955 sqft
Lot size
7,900 sqft
ZIP code
61883
City
Westville
Street
Michigan St
Coordinates
40.03059, -87.63439

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$348
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 316 Michigan St last sell?
316 Michigan St most recently sold on Apr 16, 2024 for $58,000.
What is the current tax assessment for 316 Michigan St?
The most recent total assessment for 316 Michigan St (year 2024) is $10,551 with $826 in property tax.
How does 316 Michigan St's assessment compare to its last sale price?
The current assessment is 81.8% below the last sale price of $58,000.
When was 316 Michigan St built?
316 Michigan St was built in 1945.
How does 316 Michigan St compare to others on Michigan St?
We track 4 other properties on Michigan St. Browse the list under "Other properties on Michigan St" to compare beds, baths, and sale history.
What are the property facts for 316 Michigan St?
316 Michigan St is a 3 bed, 1 bath, 955 sqft, 7,900 sqft lot single_family.
Is 316 Michigan St a flip candidate?
No — 316 Michigan St does not appear in our flips dataset.
Is 316 Michigan St a tax-appeal candidate?
No — 316 Michigan 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
-0.9%
Implied 1-yr
-3.4%
2026 Q2
$97.9K
2026 Q3
$97.1K
ZIP 61883 — Median Price History + Forecast

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