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3454 Mill Rd

Cherry Valley, IL 61016

3 bd 2 ba 2,392 sqft Built 1991 Lot 37,462 sqft single_family
Most recent sale
$312,500
Apr 10, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Listing removed NorthWestILAlliance
Apr 10, 2024 Sold $312,500 MRED
Feb 17, 2024 Listed $310,000 MRED
Jul 7, 2023 Listing removed NorthWestILAlliance
Jul 7, 2023 Sold $285,000 NorthWestILAlliance
Jun 8, 2023 Price changed $285,000 NorthWestILAlliance
May 23, 2023 Listed $305,000 NorthWestILAlliance
Mar 29, 2022 Listing removed $329,900 MRED
May 6, 2021 Listing removed NorthWestILAlliance
Apr 4, 2021 Price changed $329,900 NorthWestILAlliance
Mar 11, 2021 Price changed $365,000 NorthWestILAlliance
Feb 5, 2021 Listed $385,000 NorthWestILAlliance

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $57,103 $21,533 $78,636 $5,653
2023 $49,704 $19,478 $69,182 $4,051
2022 $40,226 $10,485 $50,711 $3,603
2021 $38,256 $9,971 $48,227 $3,716
2020 $36,630 $9,547 $46,177 $4,686
2019 $34,912 $9,099 $44,011 $3,771
2018 $33,330 $8,861 $42,191 $3,797
2017 $32,347 $8,600 $40,947 $3,783
2016 $31,663 $8,418 $40,081 $3,969
2015 $31,082 $8,263 $39,345 $3,926
2014 $31,082 $8,263 $39,345 $3,852
2013 $31,967 $8,498 $40,465 $3,728
2012 $33,137 $8,809 $41,946 $3,587
2011 $33,523 $8,911 $42,434 $3,558
2010 $34,375 $9,138 $43,513 $3,335
2008 $33,211 $9,242 $42,453 $3,025
2007 $32,116 $8,937 $41,053 $2,891
2006 $31,199 $8,740 $39,939 $2,867

Property facts

Year built
1991
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,392 sqft
Lot size
37,462 sqft
ZIP code
61016
City
Cherry Valley
Street
Mill Rd
Coordinates
42.23282, -88.96016

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
$1,875
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3454 Mill Rd last sell?
3454 Mill Rd most recently sold on Apr 10, 2024 for $312,500.
What is the current tax assessment for 3454 Mill Rd?
The most recent total assessment for 3454 Mill Rd (year 2025) is $78,636 with $5,653 in property tax.
How does 3454 Mill Rd's assessment compare to its last sale price?
The current assessment is 74.8% below the last sale price of $312,500.
When was 3454 Mill Rd built?
3454 Mill Rd was built in 1991.
How does 3454 Mill Rd compare to others on Mill Rd?
We track 8 other properties on Mill Rd. Browse the list under "Other properties on Mill Rd" to compare beds, baths, and sale history.
What are the property facts for 3454 Mill Rd?
3454 Mill Rd is a 3 bed, 2 bath, 2,392 sqft, 37,462 sqft lot single_family.
Is 3454 Mill Rd a flip candidate?
No — 3454 Mill Rd does not appear in our flips dataset.
Is 3454 Mill Rd a tax-appeal candidate?
No — 3454 Mill Rd 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
+1.9%
Implied 1-yr
+7.4%
2026 Q2
$266.8K
2026 Q3
$271.2K
ZIP 61016 — Median Price History + Forecast

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