508 Buchanan St
Wilmington, IL 60481
2 bd 2 ba 1,450 sqft Built 2000 Lot 9,148 sqft single_family
Most recent sale
$198,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 6, 2024 | Sold | $250,000 | MRED |
| Oct 20, 2024 | Listed | $245,000 | MRED |
| Sep 30, 2022 | Sold | $198,000 | MLS #11613271 |
| Aug 25, 2022 | Listed | $199,900 | MLS #11613271 |
| Aug 1, 2022 | Sold | $132,702 | Public Record |
| Mar 29, 2022 | Listing removed | $189,500 | MRED |
| Mar 9, 2017 | Sold | $145,000 | MLS #09524548 |
| Mar 8, 2017 | Listed | $154,500 | MLS #09524548 |
| Mar 3, 2017 | Listing removed | $149,500 | MRED |
| Jan 24, 2017 | Price changed | $149,500 | MLS #09380889 |
| Nov 2, 2016 | Listed | $154,500 | MLS #09380889 |
| Dec 6, 2005 | Sold | $165,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $59,475 | $14,971 | $74,446 | $5,343 |
| 2022 | $53,858 | $13,557 | $67,415 | $4,744 |
| 2021 | $50,264 | $12,652 | $62,916 | $4,486 |
| 2020 | $48,943 | $12,319 | $61,262 | $4,414 |
| 2019 | $47,979 | $12,076 | $60,055 | $4,358 |
| 2018 | $46,887 | $11,801 | $58,688 | $3,866 |
| 2017 | $43,799 | $11,024 | $54,823 | $3,586 |
| 2016 | $40,238 | $10,128 | $50,366 | $3,207 |
| 2015 | $39,276 | $9,886 | $49,162 | $3,213 |
| 2014 | $39,673 | $9,986 | $49,659 | $3,254 |
| 2013 | $42,277 | $10,641 | $52,918 | $3,345 |
| 2012 | $44,620 | $11,231 | $55,851 | $3,429 |
| 2011 | $47,292 | $11,904 | $59,196 | $3,346 |
| 2010 | $49,263 | $12,400 | $61,663 | $3,372 |
| 2009 | $49,263 | $12,400 | $61,663 | $3,552 |
| 2008 | $49,263 | $12,400 | $61,663 | $3,445 |
| 2007 | $46,256 | $11,643 | $57,899 | $3,164 |
| 2006 | $42,830 | $10,781 | $53,611 | $3,186 |
Property facts
Year built
2000
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,450 sqft
Lot size
9,148 sqft
ZIP code
60481
City
Wilmington
Street
Buchanan St
Coordinates
41.30643, -88.13983
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,188
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Buchanan St last sell?
508 Buchanan St most recently sold on Sep 30, 2022 for $198,000.
What is the current tax assessment for 508 Buchanan St?
The most recent total assessment for 508 Buchanan St (year 2024) is $74,446 with $5,343 in property tax.
How does 508 Buchanan St's assessment compare to its last sale price?
The current assessment is 62.4% below the last sale price of $198,000.
When was 508 Buchanan St built?
508 Buchanan St was built in 2000.
How does 508 Buchanan St compare to others on Buchanan St?
We track 8 other properties on Buchanan St. Browse the list under "Other properties on Buchanan St" to compare beds, baths, and sale history.
What are the property facts for 508 Buchanan St?
508 Buchanan St is a 2 bed, 2 bath, 1,450 sqft, 9,148 sqft lot single_family.
Is 508 Buchanan St a flip candidate?
Yes — 508 Buchanan St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 Buchanan St a tax-appeal candidate?
No — 508 Buchanan St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.0%
Implied 1-yr
+19.8%
2026 Q3
$346.8K
2026 Q4
$359.8K
ZIP 60481 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Buchanan St