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707 Water St

Wilmington, IL 60481

3 bd 2 ba 1,300 sqft Built 1950 Lot 8,712 sqft single_family
Most recent sale
$180,000
Dec 13, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 13, 2021 Sold $180,000 MLS #11258367
Sep 7, 2018 Sold $125,000 Public Record
Jul 20, 2012 Sold $70,000 Public Record
Jan 19, 2012 Sold $44,500 Public Record
Sep 15, 2005 Sold $132,100 Public Record
Feb 3, 1999 Sold $95,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $33,350 $15,197 $48,547 $3,274
2022 $30,200 $13,762 $43,962 $2,932
2021 $28,185 $12,844 $41,029 $2,761
2020 $27,444 $12,506 $39,950 $2,712
2019 $26,903 $12,260 $39,163 $2,673
2018 $14,890 $11,981 $26,871 $1,691
2017 $13,909 $11,192 $25,101 $1,563
2016 $12,778 $10,282 $23,060 $1,389
2015 $12,472 $10,036 $22,508 $1,389
2014 $12,598 $10,137 $22,735 $1,408
2013 $13,425 $10,802 $24,227 $1,454
2012 $32,169 $11,400 $43,569 $1,463
2011 $34,095 $12,083 $46,178 $2,732
2010 $35,516 $12,586 $48,102 $2,747
2009 $35,516 $12,586 $48,102 $2,686
2008 $35,516 $12,586 $48,102 $2,613
2007 $33,348 $11,818 $45,166 $2,402
2006 $30,878 $10,943 $41,821 $2,413

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,300 sqft
Lot size
8,712 sqft
ZIP code
60481
City
Wilmington
Street
Water St
Coordinates
41.30236, -88.14358

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
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 707 Water St last sell?
707 Water St most recently sold on Dec 13, 2021 for $180,000.
What is the current tax assessment for 707 Water St?
The most recent total assessment for 707 Water St (year 2024) is $48,547 with $3,274 in property tax.
How does 707 Water St's assessment compare to its last sale price?
The current assessment is 73.0% below the last sale price of $180,000.
When was 707 Water St built?
707 Water St was built in 1950.
How does 707 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 707 Water St?
707 Water St is a 3 bed, 2 bath, 1,300 sqft, 8,712 sqft lot single_family.
Is 707 Water St a flip candidate?
No — 707 Water St does not appear in our flips dataset.
Is 707 Water St a tax-appeal candidate?
No — 707 Water 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
+5.0%
Implied 1-yr
+19.8%
2026 Q3
$346.8K
2026 Q4
$359.8K
ZIP 60481 — Median Price History + Forecast

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