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727 Elgin St

Cherry Valley, IL 61016

2 bd 1 ba 1,028 sqft Built 1950 Lot 9,583 sqft single_family
Most recent sale
$95,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 10, 2025 Sold $170,000 NorthWestILAlliance
Jun 2, 2025 Listed $155,000 MRED
Jun 2, 2025 Price changed $155,000 NorthWestILAlliance
Apr 14, 2025 Listed $150,000 NorthWestILAlliance
Jun 13, 2022 Sold $95,000 MLS #11406585
May 17, 2022 Listed $89,900 MLS #11406585
Apr 5, 2011 Sold $68,500 Public Record
Mar 8, 2011 Listing removed $75,000 NorthWestILAlliance
Dec 10, 2010 Listed $75,000 MLS #59489
Jun 1, 2000 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $19,137 $10,388 $29,525 $1,799
2023 $19,137 $10,388 $29,525 $1,566
2022 $15,665 $6,982 $22,647 $2,019
2021 $14,898 $6,640 $21,538 $2,052
2020 $14,265 $6,358 $20,623 $2,056
2019 $13,596 $6,060 $19,656 $2,022
2018 $12,731 $5,901 $18,632 $2,033
2017 $12,355 $5,727 $18,082 $2,040
2016 $12,094 $5,606 $17,700 $2,025
2015 $11,872 $5,503 $17,375 $2,010
2014 $11,872 $5,503 $17,375 $1,973
2013 $12,210 $5,660 $17,870 $1,900
2012 $12,657 $5,867 $18,524 $1,818
2011 $12,804 $5,935 $18,739 $1,231
2010 $22,742 $6,086 $28,828 $1,999
2009 $23,000 $6,155 $29,155 $1,903
2008 $23,000 $6,155 $29,155 $1,908
2007 $22,242 $5,952 $28,194 $1,832
2006 $20,924 $5,821 $26,745 $1,757

Property facts

Year built
1950
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,028 sqft
Lot size
9,583 sqft
ZIP code
61016
City
Cherry Valley
Street
Elgin St
Coordinates
42.23609, -88.94638

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
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 727 Elgin St last sell?
727 Elgin St most recently sold on Jun 13, 2022 for $95,000.
What is the current tax assessment for 727 Elgin St?
The most recent total assessment for 727 Elgin St (year 2024) is $29,525 with $1,799 in property tax.
How does 727 Elgin St's assessment compare to its last sale price?
The current assessment is 68.9% below the last sale price of $95,000.
When was 727 Elgin St built?
727 Elgin St was built in 1950.
How does 727 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 727 Elgin St?
727 Elgin St is a 2 bed, 1 bath, 1,028 sqft, 9,583 sqft lot single_family.
Is 727 Elgin St a flip candidate?
No — 727 Elgin St does not appear in our flips dataset.
Is 727 Elgin St a tax-appeal candidate?
No — 727 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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