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Single Family ResidentialResidential
$127,087
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 68How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

508 SW 5TH AVE

ALEDO, IL 61231
0
Baths
0.17 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$127K
$87K low$167K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$57 (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.$37,260 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,730
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$33,530
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$34,530
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$111,780

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.0.17
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
Apollo Elementary SchoolC+
Elementary · Grades KG–5 · 0.3 mi
M
Mercer County Jr High SchoolD+
Middle · Grades 6–8 · 0.3 mi
H
Mercer County High SchoolC
High · Grades 9–12 · 0.6 mi

District: Mercer County School District 404

Neighborhood · ZIP 61231These 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.130
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 100.32

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.5,892
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.39 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,298
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$79,604
Average tempThe average temperature here across a full year.51°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

508 Sw 5th Ave 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 less than 72% of homes in Aledo 61231
  • Has a smaller lot than 89% of homes in Mercer County

What homes are worth in Aledo 61231

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

This home
$83K$509K

This home is worth more than 28% of homes in Aledo 61231.

How it measures up in Aledo 61231

The dot is this home. The mark in the middle is the typical home in Aledo 61231.

Estimated value$127,087
CheaperTypical $141,992Pricier

Pricier than 28% of homes nearby

Lot size0.17 ac
SmallerTypical 0.35 acBigger

Bigger than 24% of homes nearby

How 508 Sw 5th Ave ranks against every home in each area.
MeasureThis homeAledo 61231Mercer County
Estimated valuepricier than$127,08728% of homes37% of homes
Lot sizebigger than0.17 ac24% of homes11% of homes

About 508 Sw 5th Ave

How much is 508 Sw 5th Ave, Aledo, IL worth?

The TopHap Estimate for 508 Sw 5th Ave, Aledo, IL is $127,087 as of Sep 24, 2026. The likely range is $86,783 to $167,391. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 508 Sw 5th Ave, Aledo, IL last sell?

508 Sw 5th Ave, Aledo, IL last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 508 Sw 5th Ave, Aledo, IL?

508 Sw 5th Ave, Aledo, IL is assigned to Apollo Elementary School (elementary), rated C+; Mercer County Jr High School (middle), rated D+; Mercer County High School (high), rated C. All sit in Mercer County School District 404. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 508 Sw 5th Ave, Aledo, IL compare to other homes in Aledo 61231?

Among the 2,314 homes in Aledo 61231, it is worth more than 28% of them ($127,087 against a typical $141,992) and its lot is bigger than 24% of them (0.17 ac against a typical 0.35 ac). Measured against all of Mercer County, it is worth more than 37% 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 508 Sw 5th Ave, Aledo, IL?

The 2025 property tax bill for 508 Sw 5th Ave, Aledo, IL was $57. The county assessed it at $37,260.

More homes on Sw 5th Ave

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Assigned schools

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