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Single Family ResidentialResidential
$229,535
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $198,000 on Aug 3, 2015

242 FOREST LN

SHERRARD, IL 61281
0
Baths
0.43 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$230K
$220K low$239K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$198,000 · Aug 3, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,217 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$117,085 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$13,150
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$103,935
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$108,510
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$351,255

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.119 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMERCER
Lot (acres)The size of the land the home sits on, from county records.0.43
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Sherrard Elementary SchoolC
Elementary · Grades KG–4 · 1.5 mi
H
Sherrard High SchoolB
High · Grades 9–12 · 3.4 mi
M
Sherrard Jr High SchoolC
Middle · Grades 7–8 · 3.4 mi

District: Sherrard Community Unit School District 200

Neighborhood · ZIP 61281These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.31

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.6%
PopulationHow many people live in this area.2,763
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.69 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,624
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$99,335
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

242 Forest Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 79% of homes in Mercer County
  • Has a smaller lot than 66% of homes in Sherrard 61281

What homes are worth in Sherrard 61281

Each bar is how many homes fall in that price range. The marker is this home.

This home
$126K$530K

This home is worth more than 48% of homes in Sherrard 61281.

How it measures up in Sherrard 61281

The dot is this home. The mark in the middle is the typical home in Sherrard 61281.

Estimated value$229,535
CheaperTypical $230,845Pricier

Pricier than 48% of homes nearby

Lot size0.43 ac
SmallerTypical 0.76 acBigger

Bigger than 34% of homes nearby

How 242 Forest Ln ranks against every home in each area.
MeasureThis homeSherrard 61281Mercer County
Estimated valuepricier than$229,53548% of homes79% of homes
Lot sizebigger than0.43 ac34% of homes43% of homes

About 242 Forest Ln

How much is 242 Forest Ln, Sherrard, IL worth?

The TopHap Estimate for 242 Forest Ln, Sherrard, IL is $229,535 as of Aug 30, 2026. The likely range is $219,827 to $239,243. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 242 Forest Ln, Sherrard, IL last sell?

242 Forest Ln, Sherrard, IL last sold on Aug 3, 2015 for $198,000, according to the county's recorded deed.

What schools serve 242 Forest Ln, Sherrard, IL?

242 Forest Ln, Sherrard, IL is assigned to Sherrard Elementary School (elementary), rated C; Sherrard High School (high), rated B; Sherrard Jr High School (middle), rated C. All sit in Sherrard Community Unit School District 200. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 242 Forest Ln, Sherrard, IL compare to other homes in Sherrard 61281?

Among the 1,143 homes in Sherrard 61281, it is worth more than 48% of them ($229,535 against a typical $230,845) and its lot is bigger than 34% of them (0.43 ac against a typical 0.76 ac). Measured against all of Mercer County, it is worth more than 79% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 242 Forest Ln, Sherrard, IL?

The 2025 property tax bill for 242 Forest Ln, Sherrard, IL was $8,217. The county assessed it at $117,085.

More homes on Forest Ln

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Assigned schools

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