500 E  Locust St, Tolono, IL 61880
SOLD
MAY 18, 2026

500 E Locust St
Tolono, IL 61880

  • 3 Beds
  • 1.5 Baths
  • 1,497 sqft (on 0.26 acres)

$175,000

Last Sold: May 18, 2026
5% below list $185K
$117/sqft
Est. Refi. Payment $1,267/mo*

$175,000

Last Sold: May 18, 2026
5% below list $185K
$117/sqft
Est. Refi. Payment $1,267/mo*
3 Beds
1.5 Baths
1,497 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around 500 E Locust St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Sold at list
500 E Locust St, Tolono, IL 61880 is a 3 bedroom, 2 bathroom, 1,497 sqft single-family home built in 1960. It last sold for $175,000 on May 18, 2026 (5% below the $185,000 asking price). It is currently off market. The Trulia Estimate is $175,700, with a rent estimate of $1,873/month.

Home Highlights

Parking
1 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$117/sqft
Listed
44 days ago

Home Details for 500 E Locust St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: NoneNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1497 Square Feet
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageParking Spaces: 1Parking: Concrete,Yes,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 292625152011

Price & Status

Price
List Price: $185,000Price Per Sqft: $117/sqft
Status Change & Dates
Off Market Date: Wed Feb 04 2026Possession Timing: Close Of Escrow

Location

Direction & Address
City: Tolono
School Information
Elementary School District: 7Jr High / Middle School District: 7High School District: 7

Agent Information

Buyer Agent
Buyer Company Name: Ryan Dallas Real Estate

Building

Building Area
Building Area: 1497 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.26 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 12562068Activation Date: Tue May 19 2026

Additional Information

Source Internet Consumer CommentMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes
Last check for updates: about 7 hours ago
Listed by Ryan Dallas, (217) 712-3853
RYAN DALLAS REAL ESTATE
Bought with: Ryan Dallas, (217) 712-3853, RYAN DALLAS REAL ESTATE
Source: MRED as distributed by MLS GRID, MLS#12562068

Price History for 500 E Locust St

DatePriceEventSource
05/18/2026$175,000Sold
MRED as distributed by MLS GRID #12562068

Market trends in Tolono

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
10
2
MoM
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Property Tax and Assessment

Year2024
Tax$3,524
Assessment$168,780
Home facts updated by county records

Comparable Sales for 500 E Locust St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.11
Single-Family Home
$177,750
05/12/26
3
1.5
1,248
0.20
Single-Family Home
$145,000
10/10/25
3
1
962
0.23
Single-Family Home
$162,500
12/05/25
2
1
1,250
0.37
Single-Family Home
$200,000
12/08/25
3
2
1,491
0.28
Single-Family Home
$327,000
06/03/26
3
2
2,221
0.20
Single-Family Home
$185,000
01/23/26
3
1
1,112
0.36
Single-Family Home
$199,900
11/26/25
4
1.5
1,833
0.54
Single-Family Home
$212,000
02/09/26
3
2
1,681

Nearby homes

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Assigned Schools

These are the assigned schools for 500 E Locust St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Tolono

At least 16 Trulia users voted on each feature.
  • 95 % Say parking is easy

  • 95 % Say it's dog friendly

  • 94 % Say yards are well-kept

  • 89 % Say there's holiday spirit

  • 88 % Say people would walk alone at night

  • 84 % Say kids play outside

  • 84 % Say it's quiet

  • 72 % Say neighbors are friendly

  • 71 % Say car is needed

  • 68 % Say there are sidewalks

  • 63 % Say they plan to stay for at least 5 years

  • 56 % Say there's wildlife

  • 50 % Say there are community events

  • 45 % Say it's walkable to restaurants

  • 30 % Say streets are well-lit

  • 25 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 500 E Locust St

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Off Market Homes Near 500 E Locust St

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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information