Discover this rustic countryside property nestled on 2 acres with a winding creek and lightly wooded surroundings. With 2000+ sq.ft., this home features 3 bedrooms upstairs, a main floor bedroom, den, and utility room. A loft area upstairs provides extra space. A barn with a concrete floor, hay loft, and a storage building are included. Natural gas is available for conversion, and PVC piping is installed up to the house. The holding tank regulator is newer. Horse-friendly. This property offers potential with some TLC. SOLD AS-IS.
Single-familyProperty Type
1900Year Built
2 acresLot Size
$116Est. Price/Sq.Ft.
2 car garageParking
Listed by David Welter• RE/MAX Top Properties
Listed by Marie Porter• RE/MAX Top Properties
Bought with James Fleishman• James R. Fleishman Real Estate
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Refinance
$0
Est. cash available
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Rent
$2,757/mo
Redfin rental estimate
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Market trends in 60479, IL
Last updated September 2026
Sale-to-List Price
98.6%
3.3% MoM
Median sale price
$342K
$104K MoM
Avg. days on market
44d
22 days MoM
Recently sold homes
2
1 MoM
Provided by Redfin
Sale history for 7240 W Farmer Rd
Date
Event
Price
MRED as Distributed by MLS Grid #11997813
Apr 10, 2024
Sold (MLS) (Closed)
$200,000
$97/sq ft
Mar 12, 2024
Contingent (Contingent - No Showings)
—
Mar 6, 2024
Listed (Active)
$200,000
$97/sq ft
MRED as Distributed by MLS Grid #10963425
Jul 12, 2021
Listing Removed
—
MRED as Distributed by MLS Grid #10641347
Mar 11, 2020
Listing Removed
—
MRED as Distributed by MLS Grid #08523866
Jul 15, 2014
Sold (MLS) (Closed Sale)
$140,000
$68/sq ft
Apr 18, 2014
Contingent
—
Apr 18, 2014
Price Changed (Price Change)
$144,000
$70/sq ft
Jan 25, 2014
Listed (New)
$159,900
$78/sq ft
Public Records
Oct 25, 1999
Sold
$60,000
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,657 (+78.0%)
$14,940 + $62,089
$77,029
2024
$2,054 (−0.2%)
$14,165 + $58,869
$73,034
2023
$2,059 (−3.2%)
$13,010 + $54,068
$67,078
2022
$2,127 (−0.6%)
$13,010 + $54,068
$67,078
2021
$2,140 (−0.4%)
$11,017 + $45,787
$56,804
2020
$2,149 (−1.8%)
$11,017 + $45,787
$56,804
2019
$2,189 (−0.8%)
$10,673 + $44,359
$55,032
2018
$2,207 (−0.6%)
$10,097 + $41,967
$52,064
2017
$2,220 (−11.0%)
$9,946 + $41,338
$51,284
2016
$2,494 (+0.5%)
$9,946 + $41,338
$51,284
2015
$2,482 (−5.0%)
$9,740 + $40,484
$50,224
2014
$2,613 (−7.9%)
$9,602 + $39,912
$49,514
2013
$2,837
$9,950 + $41,360
$51,310
Tax history for 7240 W Farmer Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,657 (+78.0%)
$14,940 + $62,089
$77,029
2024
$2,054 (−0.2%)
$14,165 + $58,869
$73,034
2023
$2,059 (−3.2%)
$13,010 + $54,068
$67,078
2022
$2,127 (−0.6%)
$13,010 + $54,068
$67,078
2021
$2,140 (−0.4%)
$11,017 + $45,787
$56,804
2020
$2,149 (−1.8%)
$11,017 + $45,787
$56,804
2019
$2,189 (−0.8%)
$10,673 + $44,359
$55,032
2018
$2,207 (−0.6%)
$10,097 + $41,967
$52,064
2017
$2,220 (−11.0%)
$9,946 + $41,338
$51,284
2016
$2,494 (+0.5%)
$9,946 + $41,338
$51,284
2015
$2,482 (−5.0%)
$9,740 + $40,484
$50,224
2014
$2,613 (−7.9%)
$9,602 + $39,912
$49,514
2013
$2,837
$9,950 + $41,360
$51,310
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2 Acres
Year renovated
—
Sq. Ft.
2,044
Year built
1900
Style
Single Family Residential
County
Grundy County
APN
0705200002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 2026.
AR
Agricultural Residential District
This district is intended to provide a higher density of residential development than is otherwise permitted in the agricultural A district. Residential development is permitted for those tracts of land within or adjacent to agricultural areas where it is determined that: Such land, by virtue of its physical characteristics, is not well suited for agricultural purposes; The development of the land for residential use will not substantially impair the use of adjacent properties for agricultural use; and The development of rural land for residential use will not substantially impact the existing road system, increase the requirements for public services, or change the rural character of the area.