Moultrie County parcel 08-08-02-463-009
Is the assessment on 519 S 5TH St Sullivan, IL 61951 fair?
Assessed at $10,304 as commercial, SULLIVAN Township. Below: how the homes near it that actually sold are assessed against what they sold for, and where this one sits among them. Two facts from the county's own record — not an opinion of value, which is what an appeal ultimately needs and what we will give you if you ask.
How the neighbourhood is assessed
28.3%
of what it sold for (middle half 25.1–34.5%); the statute says 33.33%
This parcel among them
2 of 67
sold homes within half a mile are assessed below it
Their assessed values
$35,900
median; $7,591 to $92,959. This parcel: $10,304
Your assessment is lower than most of the 67 homes near you that sold in the last 3 years. There is no case here.
The homes that sold near it
Arm's-length sales recorded with the county in the last 3 years, nearest first, with the assessed value the county carries for each today. Whether any of them is like this house — size, age, condition — is the question the record cannot answer and an appeal turns on.
| Parcel | Distance | Recorded | Price | Assessed | Ratio |
|---|---|---|---|---|---|
| 521 Catalpa St Sullivan, IL 61951 | next door | Mar 2026 | $47,000 | $8,381 | 17.8% |
| 420 S 6TH St Sullivan, IL 61951 | next door | Nov 2025 | $99,000 | $27,402 | 27.7% |
| 617 S 6TH St Sullivan, IL 61951 | next door | Jan 2025 | $69,250 | $22,379 | 32.3% |
| 416 S 5TH St Sullivan, IL 61951 | 0.1 mi | Aug 2026 | $90,000 | $30,871 | 34.3% |
| 511 S Hamilton St Sullivan, IL 61951 | 0.1 mi | Dec 2024 | $185,000 | $83,940 | 45.4% |
| 606 S Hope Ln Sullivan, IL 61951 | 0.1 mi | Oct 2024 | $90,000 | $36,103 | 40.1% |
| 718 W Roane St Sullivan, IL 61951 | 0.2 mi | Sep 2025 | $30,000 | $7,591 | 25.3% |
| 606 W Prairie St Sullivan, IL 61951 | 0.2 mi | Oct 2024 | $70,000 | $27,762 | 39.7% |
| 602 W Prairie St Sullivan, IL 61951 | 0.2 mi | Aug 2025 | $40,000 | $14,863 | 37.2% |
| 612 S Hope Ln Sullivan, IL 61951 | 0.2 mi | Mar 2026 | $160,000 | $43,520 | 27.2% |
| 515 S Lincoln St Sullivan, IL 61951 | 0.2 mi | Mar 2025 | $125,000 | $38,063 | 30.5% |
| 103 W King St Sullivan, IL 61951 | 0.2 mi | Feb 2025 | $139,000 | $36,977 | 26.6% |
| 14 W Snyder St Sullivan, IL 61951 | 0.2 mi | Sep 2025 | $145,000 | $34,080 | 23.5% |
| 607 S Faith Ln Sullivan, IL 61951 | 0.2 mi | May 2026 | $130,000 | $29,577 | 22.8% |
| 607 S Faith Ln Sullivan, IL 61951 | 0.2 mi | Dec 2025 | $97,000 | $29,577 | 30.5% |
Prices from PTAX-203 transfer declarations; assessed values from the county assessor's current file (so a home reassessed after its sale shows today's figure against yesterday's price). Not MLS figures. Nothing here names an owner.
How an appeal actually works here
- Talk to the assessor first. Many differences are a record error — a garage that came down, a square footage that was never right — and get fixed with a phone call, no appeal needed.
- The county Board of Review. A written complaint in the window after the township's assessments are published each year; the office can tell you the dates for this township. Evidence: a recent appraisal, comparable sales, or comparable assessments (the equity argument — the table above is where that starts).
- Then the state. A Board of Review decision can go to the Illinois Property Tax Appeal Board within 30 days of the decision — its forms and rules are on ptab.illinois.gov.
Moultrie County Supervisor of Assessments
(217) 728-4951 · Moultrie County Courthouse, 10 S Main St, Sullivan, IL 61951
We publish no appeal deadline: the window is set by the township's publication date each year, and the office is the authority on it. Contact details PTAB county sheet (ptab.illinois.gov/counties/Moultrie.pdf), read 2026-09-21.
Ask us to look at it properly
The table above is where an equity argument starts, not where it ends: a Board of Review wants an opinion of market value, and that means someone who has stood in the houses. We will look at 519 S 5TH St Sullivan, IL 61951 against what has sold and tell you honestly whether an appeal looks worth the trouble. No cost, no obligation.