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501 Illinois Ave

Witt, IL 62094

2 bd 1 ba 864 sqft Built 1970 Lot 9,453 sqft single_family
Most recent sale
$16,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 6, 2022 Sold $16,000 MLS #22024021
Apr 19, 2022 Listed $22,900 MLS #22024021
Dec 1, 1999 Sold $27,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $12,320 $980 $13,300 $123
2022 $18,380 $860 $19,240 $283
2021 $17,000 $800 $17,800 $290
2020 $16,100 $760 $16,860 $297
2019 $15,530 $730 $16,260 $304
2018 $14,680 $690 $15,370 $313
2017 $14,200 $670 $14,870 $324
2016 $13,920 $660 $14,580 $317
2015 $13,550 $640 $14,190 $307
2014 $13,520 $640 $14,160 $300
2013 $13,390 $630 $14,020 $279
2012 $13,620 $640 $14,260 $731
2011 $13,770 $650 $14,420 $759
2010 $13,960 $660 $14,620 $754

Property facts

Year built
1970
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
864 sqft
Lot size
9,453 sqft
ZIP code
62094
City
Witt
Street
Illinois Ave
Coordinates
39.26091, -89.34096

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$96
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Illinois Ave last sell?
501 Illinois Ave most recently sold on Jul 6, 2022 for $16,000.
What is the current tax assessment for 501 Illinois Ave?
The most recent total assessment for 501 Illinois Ave (year 2024) is $13,300 with $123 in property tax.
How does 501 Illinois Ave's assessment compare to its last sale price?
The current assessment is 16.9% below the last sale price of $16,000.
When was 501 Illinois Ave built?
501 Illinois Ave was built in 1970.
How does 501 Illinois Ave compare to others on Illinois Ave?
We track 5 other properties on Illinois Ave. Browse the list under "Other properties on Illinois Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Illinois Ave?
501 Illinois Ave is a 2 bed, 1 bath, 864 sqft, 9,453 sqft lot single_family.
Is 501 Illinois Ave a flip candidate?
No — 501 Illinois Ave does not appear in our flips dataset.
Is 501 Illinois Ave a tax-appeal candidate?
No — 501 Illinois Ave 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
-5.8%
Implied 1-yr
-23.1%
2025 Q2
$56.9K
2025 Q3
$51.6K
ZIP 62094 — Median Price History + Forecast

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