7589 Magnolia Trl
Cherry Valley, IL 61016
2 bd 2 ba 1,174 sqft Built 2004 condos
Most recent sale
$170,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $170,000 | MLS #11438977 |
| Jun 17, 2022 | Listed | $159,900 | MLS #11438977 |
| Sep 6, 2006 | Sold | $146,500 | Public Record |
| May 16, 2005 | Sold | $127,128 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $42,873 | $9,710 | $52,583 | $2,400 |
| 2023 | $38,475 | $8,714 | $47,189 | $2,771 |
| 2022 | $30,324 | $6,868 | $37,192 | $3,486 |
| 2021 | $27,805 | $6,297 | $34,102 | $3,597 |
| 2020 | $26,286 | $5,953 | $32,239 | $3,552 |
| 2019 | $25,053 | $5,674 | $30,727 | $3,495 |
| 2018 | $23,612 | $5,347 | $28,959 | $3,496 |
| 2017 | $22,597 | $5,117 | $27,714 | $3,464 |
| 2016 | $22,173 | $5,021 | $27,194 | $3,449 |
| 2015 | $22,173 | $5,021 | $27,194 | $3,485 |
| 2014 | $21,590 | $6,278 | $27,868 | $3,499 |
| 2013 | $22,936 | $6,669 | $29,605 | $3,476 |
| 2012 | $25,109 | $7,073 | $32,182 | $3,478 |
| 2011 | $27,040 | $7,454 | $34,494 | $3,617 |
| 2010 | $32,493 | $7,845 | $40,338 | $3,863 |
| 2009 | $38,294 | $7,957 | $46,251 | $4,162 |
| 2008 | $38,691 | $7,718 | $46,409 | $3,214 |
| 2007 | $38,745 | $7,367 | $46,112 | $3,205 |
| 2006 | $38,403 | $6,830 | $45,233 | $3,201 |
Property facts
Year built
2004
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,174 sqft
Lot size
—
ZIP code
61016
City
Cherry Valley
Street
Magnolia Trl
Coordinates
42.25243, -88.96868
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7589 Magnolia Trl last sell?
7589 Magnolia Trl most recently sold on Aug 15, 2022 for $170,000.
What is the current tax assessment for 7589 Magnolia Trl?
The most recent total assessment for 7589 Magnolia Trl (year 2025) is $52,583 with $2,400 in property tax.
How does 7589 Magnolia Trl's assessment compare to its last sale price?
The current assessment is 69.1% below the last sale price of $170,000.
When was 7589 Magnolia Trl built?
7589 Magnolia Trl was built in 2004.
How does 7589 Magnolia Trl compare to others on Magnolia Trl?
We track 8 other properties on Magnolia Trl. Browse the list under "Other properties on Magnolia Trl" to compare beds, baths, and sale history.
What are the property facts for 7589 Magnolia Trl?
7589 Magnolia Trl is a 2 bed, 2 bath, 1,174 sqft condos.
Is 7589 Magnolia Trl a flip candidate?
No — 7589 Magnolia Trl does not appear in our flips dataset.
Is 7589 Magnolia Trl a tax-appeal candidate?
No — 7589 Magnolia Trl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q2
$274.7K
2026 Q3
$273.2K
ZIP 61016 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Magnolia Trl