Seller offering $1000 toward buyers closing cost. Modern qualities from curb to interior. Bay window flanked by stone, arched doorways on garage flow to inside doorways with same elegant style. Eat in kitchen with center island. Appliances stay except for refrigerator on main floor. Cantilever patio door to covered deck looking out to above ground pool in fenced backyard. This home says welcome an enjoy. Formal dining room, 9ft basement plumbed for bath, bonus room used as bedroom. Large master bedroom with Jacuzzi tub, step in shower, walk-in closet. 2 Car attached garage with extra storage, carport for 3rd car. Just half block to grade school. #1614
Single-familyProperty Type
2000Year Built
0.32 acresLot Size
$166Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Steve Richter• Strano & Associates
Bought with Brittany Strieker• Equity Realty Group, LLC
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$2,674/mo
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Market trends in 62216, IL
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
100.1%
+1.9% MoM
Median sale price
$337K
$45K MoM
Avg. days on market
43d
6 days MoM
Recently sold homes
6
2 MoM
Provided by Redfin
Sale history for 501 W 3rd
Date
Event
Price
Public Records
Jun 6, 2017
Sold
$190,000
$89/sq ft
MARIS as Distributed by MLS Grid #16078862
Jun 1, 2017
Sold
*
May 2, 2017
Pending
—
Apr 28, 2017
Price Changed
$192,000
$90/sq ft
Nov 15, 2016
Listed
$199,900
$93/sq ft
Public Records
Jun 27, 2014
Sold
$197,000
$92/sq ft
MARIS as Distributed by MLS Grid #4301353
Jun 26, 2014
Sold
*
Feb 3, 2014
Listed
$198,200
$92/sq ft
+19
Beautiful home with lots of extras! Close to school, large fenced-in back yard, covered deck & porch, above ground pool, over-sized garage with extra storage area, mudroom area by garage, 10 foot basement walls, 12 x 15 finished bonus room in basement, extra parking area for 3rd vehicle, 10 x 14 storage shed, new kitchen countertops, new high efficiency windows and new roof to name a few. This home is just waiting for the right buyer!
Year
Property tax
Land + Additions
Assessment*
2025
$6,084 (+11.2%)
$11,710 + $86,050
$97,760
2024
$5,473 (+4.0%)
$11,710 + $86,050
$97,760
2023
$5,263 (+17.2%)
$10,320 + $75,870
$86,190
2022
$4,490 (+7.4%)
$9,320 + $64,900
$74,220
2021
$4,179 (+0.5%)
$8,880 + $61,810
$70,690
2020
$4,156 (+0.5%)
$8,540 + $59,430
$67,970
2019
$4,135 (−8.1%)
$8,540 + $59,430
$67,970
2018
$4,499 (+2.5%)
$8,768 + $61,572
$70,340
2017
$4,387 (−0.4%)
$8,350 + $58,640
$66,990
2016
$4,405 (+10.7%)
$8,350 + $58,640
$66,990
2015
$3,978 (−2.2%)
$8,350 + $58,640
$66,990
2014
$4,069
$8,350 + $61,550
$69,900
Tax history for 501 W 3rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,084 (+11.2%)
$11,710 + $86,050
$97,760
2024
$5,473 (+4.0%)
$11,710 + $86,050
$97,760
2023
$5,263 (+17.2%)
$10,320 + $75,870
$86,190
2022
$4,490 (+7.4%)
$9,320 + $64,900
$74,220
2021
$4,179 (+0.5%)
$8,880 + $61,810
$70,690
2020
$4,156 (+0.5%)
$8,540 + $59,430
$67,970
2019
$4,135 (−8.1%)
$8,540 + $59,430
$67,970
2018
$4,499 (+2.5%)
$8,768 + $61,572
$70,340
2017
$4,387 (−0.4%)
$8,350 + $58,640
$66,990
2016
$4,405 (+10.7%)
$8,350 + $58,640
$66,990
2015
$3,978 (−2.2%)
$8,350 + $58,640
$66,990
2014
$4,069
$8,350 + $61,550
$69,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.