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510 Elgin St

Cherry Valley, IL 61016

2 bd 1 ba 1,058 sqft Built 1920 Lot 10,890 sqft single_family
Most recent sale
$190,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $190,000 Public Record
Jun 6, 2022 Sold $190,000 MLS #11379308
Apr 19, 2022 Listed $184,900 MLS #202202280
Aug 13, 2009 Sold $42,000 Public Record
Jul 19, 2009 Listing removed $51,900 NorthWestILAlliance
Jul 5, 2009 Listing removed $51,900 NorthWestILAlliance
Jul 1, 2009 Listed $51,900 MLS #46405
Jun 23, 2009 Price changed $51,900 MLS #43229
Jun 18, 2009 Price changed $56,900 MLS #43229
Jun 3, 2009 Price changed $59,900 MLS #43229
May 19, 2009 Price changed $62,900 MLS #43229
May 11, 2009 Price changed $65,900 MLS #43229
May 1, 2009 Price changed $67,500 MLS #43229
Apr 21, 2009 Price changed $67,900 MLS #43229
Apr 9, 2009 Price changed $69,900 MLS #43229
Apr 4, 2009 Price changed $72,900 MLS #43229
Mar 11, 2009 Listed $79,900 MLS #43229
Oct 6, 2006 Sold $100,000 Public Record
Oct 2, 2006 Listing removed $105,900 MRED
Apr 21, 2006 Listed $105,900 MLS #06112687
May 1, 1997 Sold $75,000 Public Record
Apr 26, 1993 Sold $66,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $36,063 $10,388 $46,451 $3,094
2023 $36,063 $10,388 $46,451 $2,572
2022 $24,432 $6,981 $31,413 $2,265
2021 $23,235 $6,639 $29,874 $2,275
2020 $22,247 $6,357 $28,604 $2,254
2019 $21,204 $6,059 $27,263 $2,187
2018 $19,847 $5,900 $25,747 $2,154
2017 $19,261 $5,726 $24,987 $1,992
2016 $18,854 $5,605 $24,459 $1,963
2015 $18,508 $5,502 $24,010 $1,874
2014 $18,508 $5,502 $24,010 $1,839
2013 $17,742 $5,660 $23,402 $1,791
2012 $18,391 $5,867 $24,258 $1,735
2011 $18,022 $5,935 $23,957 $1,731
2010 $14,892 $6,086 $20,978 $1,311
2009 $15,061 $6,155 $21,216 $1,191
2008 $31,410 $6,155 $37,565 $2,527
2007 $30,374 $5,952 $36,326 $2,418
2006 $28,574 $5,821 $34,395 $2,321

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,058 sqft
Lot size
10,890 sqft
ZIP code
61016
City
Cherry Valley
Street
Elgin St
Coordinates
42.23640, -88.94935

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,904
Gross rental yield
12.03%
Implied cap rate
7.82%
Trend-extrapolated value

Frequently asked questions

When did 510 Elgin St last sell?
510 Elgin St most recently sold on Jun 8, 2022 for $190,000.
What is the current tax assessment for 510 Elgin St?
The most recent total assessment for 510 Elgin St (year 2024) is $46,451 with $3,094 in property tax.
How does 510 Elgin St's assessment compare to its last sale price?
The current assessment is 75.6% below the last sale price of $190,000.
When was 510 Elgin St built?
510 Elgin St was built in 1920.
How does 510 Elgin St compare to others on Elgin St?
We track 8 other properties on Elgin St. Browse the list under "Other properties on Elgin St" to compare beds, baths, and sale history.
What are the property facts for 510 Elgin St?
510 Elgin St is a 2 bed, 1 bath, 1,058 sqft, 10,890 sqft lot single_family.
Is 510 Elgin St a flip candidate?
No — 510 Elgin St does not appear in our flips dataset.
Is 510 Elgin St a tax-appeal candidate?
No — 510 Elgin St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q2
$274.7K
2026 Q3
$273.2K
ZIP 61016 — Median Price History + Forecast

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