Skip to content
Skip to content
TopHapOpen in map
Single Family ResidentialResidential
$78,183$60 / ft²
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 64How 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

516 5TH ST

LACON, IL 61540
0
Baths
1,312 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.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1925
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$78K
$50K low$106K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,131 (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.$36,613 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$3,126
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$33,487
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$34,573
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$109,839

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyMARSHALL
Lot (acres)The size of the land the home sits on, from county records.0.22
ConstructionThe main material the home's frame and walls are built from.Brick
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
Midland Elementary SchoolB
Elementary · Grades PK–4 · 0.2 mi
M
Midland Middle SchoolB-
Middle · Grades 5–8 · 2.9 mi
H
Midland High SchoolC-
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%

Owner Tools

Do you own this home?
Claim this home

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

516 5th 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.

  • Worth less than 84% of homes in Lacon 61540
  • Costs less per square foot than 94% of homes in Marshall County
  • Bigger than 70% of homes in Lacon 61540
  • Has a smaller lot than 77% of homes in Marshall County
  • Older than 65% of homes in Lacon 61540

What homes are worth in Lacon 61540

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

This home
$48K$414K

This home is worth more than 16% of homes in Lacon 61540.

How it measures up in Lacon 61540

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

Estimated value$78,183
CheaperTypical $131,050Pricier

Pricier than 16% of homes nearby

Price per ft²$60
CheaperTypical $114Pricier

Pricier than 8% of homes nearby

Living area1,312 ft²
SmallerTypical 1,131 ft²Bigger

Bigger than 70% of homes nearby

Lot size0.22 ac
SmallerTypical 0.28 acBigger

Bigger than 28% of homes nearby

Year built1925
OlderTypical 1950Newer

Newer than 35% of homes nearby

How 516 5th St ranks against every home in each area.
MeasureThis homeLacon 61540Marshall County
Estimated valuepricier than$78,18316% of homes16% of homes
Price per ft²pricier than$608% of homes6% of homes
Living areabigger than1,312 ft²70% of homes67% of homes
Lot sizebigger than0.22 ac28% of homes23% of homes
Year builtnewer than192535% of homes38% of homes

About 516 5th St

How much is 516 5th St, Lacon, IL worth?

The TopHap Estimate for 516 5th St, Lacon, IL is $78,183 as of Aug 30, 2026. The likely range is $50,387 to $105,979. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 516 5th St, Lacon, IL last sell?

516 5th St, Lacon, IL last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 516 5th St, Lacon, IL?

516 5th St, Lacon, IL has 1,312 square feet of living space and a 0.22-acre lot.

When was 516 5th St, Lacon, IL built?

516 5th St, Lacon, IL was built in 1925, making it 101 years old. The building has 1 story.

What schools serve 516 5th St, Lacon, IL?

516 5th St, Lacon, IL is assigned to Midland Elementary School (elementary), rated B; Midland Middle School (middle), rated B-; Midland High School (high), rated C-. All sit in Midland Community Unit School District 7. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 516 5th St, Lacon, IL compare to other homes in Lacon 61540?

Among the 1,149 homes in Lacon 61540, it is worth more than 16% of them ($78,183 against a typical $131,050), its price per square foot is higher than 8% of them ($60 against a typical $114), it is bigger than 70% of them (1,312 ft² against a typical 1,131 ft²), its lot is bigger than 28% of them (0.22 ac against a typical 0.28 ac) and it is newer than 35% of them (1925 against a typical 1950). Measured against all of Marshall County, it is worth more than 16% 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 516 5th St, Lacon, IL?

The 2025 property tax bill for 516 5th St, Lacon, IL was $2,131. The county assessed it at $36,613.

More homes on 5th St

Closest homes

More homes in Lacon 61540

Assigned schools

Explore the area

See this home in context

Open 516 5th St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map