7624 Magnolia Trl
Cherry Valley, IL 61016
2 bd 1,300 sqft condo
Most recent sale
$162,000
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $162,000 | Public Record |
| Aug 17, 2022 | Listed | $158,900 | MLS #202205507 |
| Sep 27, 2019 | Sold | $125,000 | MLS #201904870 |
| Apr 18, 2013 | Sold | $87,000 | MLS #08209766 |
| Dec 27, 2012 | Sold | $87,000 | Public Record |
| Nov 10, 2012 | Listing removed | $84,900 | NorthWestILAlliance |
| Oct 30, 2012 | Listed | $84,900 | MLS #73521 |
| Oct 29, 2012 | Listed | $84,900 | MLS #08209766 |
| Apr 24, 2007 | Sold | $165,000 | Public Record |
| Sep 20, 2005 | Sold | $134,400 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $42,873 | $9,710 | $52,583 | $3,261 |
| 2023 | $38,475 | $8,714 | $47,189 | $2,771 |
| 2022 | $30,324 | $6,868 | $37,192 | $2,587 |
| 2021 | $27,805 | $6,297 | $34,102 | $2,436 |
| 2020 | $26,286 | $5,953 | $32,239 | $2,340 |
| 2019 | $25,053 | $5,674 | $30,727 | $2,813 |
| 2018 | $23,612 | $5,347 | $28,959 | $3,496 |
| 2017 | $22,597 | $5,117 | $27,714 | $2,714 |
| 2016 | $22,173 | $5,021 | $27,194 | $2,688 |
| 2015 | $22,173 | $5,021 | $27,194 | $2,716 |
| 2014 | $21,590 | $6,278 | $27,868 | $2,746 |
| 2013 | $22,936 | $6,669 | $29,605 | $2,772 |
| 2012 | $25,109 | $7,073 | $32,182 | $2,397 |
| 2011 | $27,040 | $7,454 | $34,494 | $2,526 |
| 2010 | $32,493 | $7,845 | $40,338 | $2,905 |
| 2009 | $38,294 | $7,957 | $46,251 | $3,262 |
| 2008 | $38,691 | $7,718 | $46,409 | $3,214 |
| 2007 | $38,745 | $7,367 | $46,112 | $3,718 |
| 2006 | $38,403 | $6,830 | $45,233 | $3,942 |
Property facts
Year built
—
Property type
condo
Stories
—
Beds
2
Baths
—
Living area
1,300 sqft
Lot size
—
ZIP code
61016
City
Cherry Valley
Street
Magnolia Trl
Coordinates
42.25180, -88.96674
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
$972
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7624 Magnolia Trl last sell?
7624 Magnolia Trl most recently sold on Oct 3, 2022 for $162,000.
What is the current tax assessment for 7624 Magnolia Trl?
The most recent total assessment for 7624 Magnolia Trl (year 2025) is $52,583 with $3,261 in property tax.
How does 7624 Magnolia Trl's assessment compare to its last sale price?
The current assessment is 67.5% below the last sale price of $162,000.
When was 7624 Magnolia Trl built?
The year built for 7624 Magnolia Trl is not in our records.
How does 7624 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 7624 Magnolia Trl?
7624 Magnolia Trl is a 2 bed, 1,300 sqft condo.
Is 7624 Magnolia Trl a flip candidate?
No — 7624 Magnolia Trl does not appear in our flips dataset.
Is 7624 Magnolia Trl a tax-appeal candidate?
No — 7624 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