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Residential - Vacant LandResidential
Last sold for $88,000 on Sep 17, 2014

509 SOUTH ST

LACON, IL 61540
0
Baths
878 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.28 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$88,000 · Sep 17, 2014

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$329 (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.$3,899 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,899
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$3,682
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$11,697

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Residential - Vacant Land
CountyMARSHALL
Lot (acres)The size of the land the home sits on, from county records.0.28
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

E
Midland Elementary SchoolB-
Elementary · Grades PK–4 · 0.4 mi
M
Midland Middle SchoolB
Middle · Grades 5–8 · 2.9 mi
H
Midland High SchoolD
High · Grades 9–12 · 6.2 mi

District: Midland Community Unit School District 7

Neighborhood · ZIP 61540These 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.113
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 100.39

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.79%
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.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.2,607
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.40 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$74,676
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$85,285
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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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

509 South St 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.

  • Smaller than 82% of homes in Marshall County
  • Has a smaller lot than 65% of homes in Marshall County

How it measures up in Lacon 61540

The dot is this home. The mark in the middle is the typical home in Lacon 61540.

Living area878 ft²
SmallerTypical 1,131 ft²Bigger

Bigger than 21% of homes nearby

Lot size0.28 ac
SmallerTypical 0.28 acBigger

Bigger than 50% of homes nearby

Year built1940
OlderTypical 1950Newer

Newer than 42% of homes nearby

How 509 South St ranks against every home in each area.
MeasureThis homeLacon 61540Marshall County
Living areabigger than878 ft²21% of homes18% of homes
Lot sizebigger than0.28 ac50% of homes35% of homes
Year builtnewer than194042% of homes45% of homes

About 509 South St

When did 509 South St, Lacon, IL last sell?

509 South St, Lacon, IL last sold on Sep 17, 2014 for $88,000, according to the county's recorded deed.

How big is 509 South St, Lacon, IL?

509 South St, Lacon, IL has 878 square feet of living space and a 0.28-acre lot.

When was 509 South St, Lacon, IL built?

509 South St, Lacon, IL was built in 1940, making it 86 years old. The building has 1 story.

What schools serve 509 South St, Lacon, IL?

509 South St, Lacon, IL is assigned to Midland Elementary School (elementary), rated B-; Midland Middle School (middle), rated B; Midland High School (high), rated D. All sit in Midland Community Unit School District 7. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 509 South St, Lacon, IL compare to other homes in Lacon 61540?

Among the 1,149 homes in Lacon 61540, it is bigger than 21% of them (878 ft² against a typical 1,131 ft²), its lot is bigger than 50% of them (0.28 ac against a typical 0.28 ac) and it is newer than 42% of them (1940 against a typical 1950). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 509 South St, Lacon, IL?

The 2025 property tax bill for 509 South St, Lacon, IL was $329. The county assessed it at $3,899.

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Assigned schools

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