Allerton, Illinois, is a small village located primarily in Sidell Township, Vermilion County, with a small portion extending into Champaign County. Founded by Samuel W. Allerton, a wealthy landowner and co-founder of the Chicago Union Stockyards, the village was established in 1880 on a 3,800-acre tract previously known as Twin Grove Farm. With a population of 262 as of the 2020 census, Allerton is a quiet, rural community situated about 30 miles from both Champaign-Urbana and Danville. The village owes its name and development to Allerton, who contributed significantly to its infrastructure by providing land for a park, establishing a bank, and installing a water system. Nearby, the Robert Allerton Park, a 1,517-acre estate donated to the University of Illinois by Samuel’s son, Robert, is a major attraction, featuring formal gardens, hiking trails, and a historic mansion, recognized as a National Historic Place and one of Illinois’ Seven Wonders.
Allerton currently has 1 single family home for sale with a list price of $470,000. The average annual property tax for Allerton is $2,162.14.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Allerton, i.e. what's hot and what's not.
See What's Hot & What's Not in AllertonAllerton home sales for the month of July stayed the same in volume when compared to last year, while the median sale price stayed the same. House sales stayed the same, while the median sale price stayed the same.
3
|
6
|
2
|
|
2021 | 2022 | 2023 | |
# of sales per year |
$150,000
|
$150,000
|
$113,750
|
|
2021 | 2022 | 2023 | |
median sale price per year |