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173 Nelson Pkwy

Cherry Valley, IL 61016

3 bd 3 ba 2,590 sqft Built 2004 condos
Most recent sale
$252,000
Jun 3, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2024 Sold $335,500 NorthWestILAlliance
Jun 5, 2024 Listed $309,000 MRED
Oct 28, 2022 Sold $275,000 MRED
Oct 6, 2022 Listed $270,000 MLS #202206611
Jun 3, 2021 Sold $252,000 Public Record
Mar 29, 2016 Sold $185,000 Public Record
Feb 1, 2016 Listing removed $189,173 NorthWestILAlliance
Jan 28, 2016 Listed $189,173 MLS #201600422
Feb 7, 2005 Sold $197,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $114,400 $5,333 $119,733 $8,620
2024 $114,400 $5,333 $119,733 $8,804
2023 $100,307 $5,333 $105,640 $8,031
2022 $72,686 $5,333 $78,019 $7,470
2021 $68,472 $5,333 $73,805 $6,065
2020 $61,115 $5,333 $66,448 $5,645
2019 $57,154 $5,333 $62,487 $5,271
2018 $54,922 $5,333 $60,255 $5,282
2017 $55,828 $5,421 $61,249 $5,133
2016 $53,906 $5,387 $59,293 $6,327
2015 $43,493 $6,667 $50,160 $4,832
2014 $43,240 $6,667 $49,907 $4,821
2013 $44,944 $6,667 $51,611 $4,818
2012 $48,799 $6,667 $55,466 $4,742
2011 $56,164 $6,734 $62,898 $2,418
2010 $57,482 $6,867 $64,349 $4,572
2009 $61,617 $6,860 $68,477 $4,417
2008 $63,035 $7,018 $70,053 $4,164
2007 $59,193 $6,667 $65,860 $4,237

Property facts

Year built
2004
Property type
condos
Stories
Beds
3
Baths
3
Living area
2,590 sqft
Lot size
ZIP code
61016
City
Cherry Valley
Street
Nelson Pkwy
Coordinates
42.25318, -88.93805

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
$1,512
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 173 Nelson Pkwy last sell?
173 Nelson Pkwy most recently sold on Jun 3, 2021 for $252,000.
What is the current tax assessment for 173 Nelson Pkwy?
The most recent total assessment for 173 Nelson Pkwy (year 2025) is $119,733 with $8,620 in property tax.
How does 173 Nelson Pkwy's assessment compare to its last sale price?
The current assessment is 52.5% below the last sale price of $252,000.
When was 173 Nelson Pkwy built?
173 Nelson Pkwy was built in 2004.
How does 173 Nelson Pkwy compare to others on Nelson Pkwy?
We track 8 other properties on Nelson Pkwy. Browse the list under "Other properties on Nelson Pkwy" to compare beds, baths, and sale history.
What are the property facts for 173 Nelson Pkwy?
173 Nelson Pkwy is a 3 bed, 3 bath, 2,590 sqft condos.
Is 173 Nelson Pkwy a flip candidate?
Yes — 173 Nelson Pkwy appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 173 Nelson Pkwy a tax-appeal candidate?
No — 173 Nelson Pkwy 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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