Investment opportunity! Two mobile homes placed at the edge of town. Seller occupies one and rents the other one out. The owner occupied space (510 Timothy Lot #2) has had some updates. A new furnace was installed in 2024 along with new plumbing, heat tape, new electrical and water softener. This home is a 2 bed with 2 full bath. One bath is off the master and also has a walk in closet. 508 Timothy is the current investment property, renting at $700/month. This home has 3 bedrooms and 1 bath. Updates include a new roof in 2016 and furnace and AC in 2016. Come take a look and see if its a fit for you!
Closed
$52,250
508 Timothy Dr, Villa Grove, IL 61956
2beds
1,120sqft
Single Family Residence
Built in 1994
9,450 Square Feet Lot
$53,800 Zestimate®
$47/sqft
$1,266 Estimated rent
Home value
$53,800
Estimated sales range
Not available
$1,266/mo
Zestimate® history
Owner options
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$1,266/mo
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$1,266/mo
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$300/mo
Est. payment
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Est. payment
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List your homeWhat's special
Water softenerFurnace and acNew furnaceWalk in closetNew plumbingNew roof
Zillow last checked:
Listing updated:
Listed by:
Cathy Means 217-254-0386,
Hillard Agency- Tuscola
Bought with:
Non Member
NON MEMBER
Source: MRED as distributed by MLS GRID,MLS#: 12439251
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15X13
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15X10
Laundry
- Features: Flooring (Vinyl)
- Level: Main
- Area: 55 Square Feet
- Dimensions: 11X5
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16X10
Heating
- Electric
Cooling
- Central Air
Features
- Basement: None
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 9,450 Square Feet
- Dimensions: 90x105x90x105
Details
- Parcel number: 04030342000200
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Villa Grove
Financial & listing details
- Price per square foot: $47/sqft
- Tax assessed value: $18,582
- Annual tax amount: $296
- Date on market: 8/6/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Sold | $52,250-12.8%$47/sqft |
Source:  MRED as distributed by MLS GRID #12439251 Report a problem | ||
| 12/12/2025 | Contingent | $59,900$53/sqft |
Source: MRED as distributed by MLS GRID #12439251 Report a problem | ||
| 8/6/2025 | Listed for sale | $59,900$53/sqft |
Source: MRED as distributed by MLS GRID #12439251 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $503 +6.5% | $6,194 +7.6% |
| 2023 | $473 +49.7% | $5,759 +50% |
| 2022 | $316 +5.9% | $3,839 +5.9% |
| 2021 | $298 +2.9% | $3,625 +4.9% |
| 2020 | $290 +2.2% | $3,456 |
| 2019 | $283 -6.4% | $3,456 |
| 2017 | $303 | $3,456 |
| 2015 | $303 +2.9% | $3,456 |
| 2014 | $294 +20.2% | $3,456 +52.8% |
| 2013 | $245 | $2,262 -24% |
| 2012 | $245 +916.5% | $2,978 |
| 2011 | $24 -90.2% | $2,978 |
| 2010 | $245 | $2,978 |
Find assessor info on the county website
Neighborhood: 61956
Nearby homes
- $39,897-- bd1 ba1.1k sqft508 Timothy Dr, Villa Grove, IL 61956Off Market
- $---- bd-- ba-- sqft506 Timothy Dr APT 3, Villa Grove, IL 61956Off Market
- $---- bd-- ba-- sqft506 Timothy Dr APT 4, Villa Grove, IL 61956Off Market
- $--1 bd1 ba660 sqft506 Timothy Dr APT 1, Villa Grove, IL 61956Off Market
- $138,0003 bd1 ba1.4k sqft509 Timothy Dr, Villa Grove, IL 61956Off Market
- $155,8003 bd1 ba1.3k sqft511 Timothy Dr, Villa Grove, IL 61956Off Market
- $101,500-- bd-- ba-- sqft504 Timothy Dr, Villa Grove, IL 61956Off Market
- $121,0003 bd1 ba1k sqft507 Timothy Dr, Villa Grove, IL 61956Off Market
Nearby schools
GreatSchools rating
- 7/10Villa Grove Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 6/10Villa Grove Jr High SchoolGrades: 7-8Distance: 0.4 mi
- 3/10Villa Grove High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Villa Grove Elementary School
- Middle: Villa Grove Junior High School
- High: Villa Grove High School
- District: 302
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Douglas County
- Villa Grove
- 61956
- 508 Timothy Dr
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