$69,900
SOLD APR 25, 2025

40 N 5th Ave Canton, IL 61520

2 Beds
2 Baths
1,455 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

12% Below List Price

37 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Burning Fireplace
  • Formal Dining Room
  • Level Lot
  • 2-minute walk to Lakeland Park

About This Home

As of April 2025

Looking for a home with character and modern updates? This 2–3 bedroom, 2-bath home has been recently improved while keeping its charm intact. Recent updates include new vinyl flooring and carpet throughout, a brand-new kitchen with updated cabinets and countertops, and the addition of a full main-floor bathroom. The home also features a newer shingled roof, updated electrical service, and an upgraded meter—big-ticket items already taken care of! Inside, the spacious living room flows into a formal dining area, where a classic wood-burning fireplace adds warmth and charm. There's also a possible third bedroom (no closet), a home office, or a cozy den. Upstairs, you'll find two large bedrooms, a full bath, and an additional bonus space off the master—perfect as a private sitting area, nursery, oversized walk-in closet, or workout space. This home is move-in ready with so many possibilities! Come take a look and imagine how you'd make it your own. Property is broker owned.

Last Agent to Sell the Property

Jed Rhoades

Rhoades Real Estate & Land Auc Brokerage Phone: 309-647-8811 License #471.019378 Listed on: 02/17/2025

Last Buyer's Agent

Stephen Schauble

The Royal Realty Company Illin License #475152640

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 50' x 160
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,455 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Canton High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Barnes & Jones Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-08-26-311-012

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: One and Half Story
  • New Construction: No
  • Attribution Contact: Office: 309-647-8811
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Other, Wood Burning
  • Fireplaces: 1
  • Living Area: 1455
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Extra Lot, Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Aluminum Siding
  • Foundation Details: Block, Brick
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel

Utilities

  • Heating: Natural Gas, Forced Air, Window Unit(s)
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Canton

Lot Info

  • Zoning: B2
  • Lot Size: 50' x 160
  • Additional Parcels Description: 09-08-26-311-022
  • Parcel #: 09-08-26-311-012
  • ZonedAgricultural: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 48.26
  • TaxExemptions: Homestead/Owner Occupied,Senior Freeze,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Apr 25, 2025
Sold by
Spoon River Rentals Llc
Bought by
Lowry Sarah
Seller's Agent
Jed Rhoades
Rhoades Real Estate & Land Auc
Buyer's Agent
Stephen Schauble
The Royal Realty Company Illin
List Price
$79,500
Sold Price
$69,900
Premium/Discount to List
-$9,600
-12.08%
Views
32
Current Estimated Value
$70,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468
Avg. Annual Appreciation
0.93%
Original Mortgage
$68,633
Outstanding Balance
$67,942
Interest Rate
0.65%
Mortgage Type
Construction
Estimated Equity
$2,426
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,633 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2025 04/25/25 Sold $69,900 +0.6% $48 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $69,500 -6.7% $48 / Sq Ft
03/05/2025 03/05/25 Price Changed $74,500 -6.3% $51 / Sq Ft
02/17/2025 02/17/25 For Sale $79,500 +297.5% $55 / Sq Ft
12/06/2024 12/06/24 Sold $20,000 -59.2% $12 / Sq Ft View Prior Sale
11/22/2024 11/22/24 Pending -- -- --
10/25/2024 10/25/24 Price Changed $49,000 -5.8% $31 / Sq Ft
10/25/2024 10/25/24 Price Changed $52,000 -10.3% $32 / Sq Ft
09/16/2024 09/16/24 Price Changed $58,000 -7.9% $36 / Sq Ft
07/15/2024 07/15/24 Price Changed $63,000 -7.4% $39 / Sq Ft
06/26/2024 06/26/24 For Sale $68,000 -- $42 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $17,970 $2,980 $14,990
2023 -- $17,190 $2,850 $14,340
2022 $1,789 $17,190 $2,850 $14,340
2021 $1,714 $16,520 $2,740 $13,780
2019 $1,714 $17,530 $2,660 $14,870
2018 $1,714 $17,200 $2,610 $14,590
2017 $1,704 $17,200 $2,610 $14,590
2016 $1,731 $16,940 $2,570 $14,370
2015 -- $16,330 $2,480 $13,850
2012 -- $15,380 $2,340 $13,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: PA1256078

RMLS Alliance

APN: 09-08-263-110-12