7160 Ridge Ln
Cherry Valley, IL 61016
3 bd 3 ba 2,083 sqft Built 2005 single_family
Most recent sale
$287,000
Dec 13, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 13, 2021 | Sold | $287,000 | MLS #11260168 |
| Nov 1, 2021 | Listed | $295,000 | MLS #202107198 |
| Jul 21, 2005 | Sold | $265,000 | Public Record |
| Jan 3, 2005 | Sold | $493,575 | Public Record |
| Apr 27, 2004 | Sold | $198,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $105,414 | $11,667 | $117,081 | $8,806 |
| 2024 | $105,414 | $11,667 | $117,081 | $8,787 |
| 2023 | $97,408 | $11,667 | $109,075 | $8,738 |
| 2022 | $82,730 | $11,667 | $94,397 | $8,464 |
| 2021 | $79,989 | $11,667 | $91,656 | $8,272 |
| 2020 | $71,395 | $11,667 | $83,062 | $7,845 |
| 2019 | $66,767 | $12,500 | $79,267 | $7,501 |
| 2018 | $66,106 | $12,500 | $78,606 | $7,786 |
| 2017 | $67,197 | $12,706 | $79,903 | $7,567 |
| 2016 | $59,625 | $12,625 | $72,250 | $7,069 |
| 2015 | $61,595 | $13,333 | $74,928 | $7,541 |
| 2014 | $55,513 | $13,333 | $68,846 | $6,900 |
| 2013 | $51,027 | $13,333 | $64,360 | $6,164 |
| 2012 | $55,719 | $13,333 | $69,052 | $6,044 |
| 2011 | $67,504 | $13,466 | $80,970 | $3,186 |
| 2010 | $69,256 | $22,317 | $91,573 | $6,705 |
| 2009 | $72,781 | $22,296 | $95,077 | $6,298 |
| 2008 | $74,456 | $22,809 | $97,265 | $5,960 |
| 2007 | $67,503 | $21,667 | $89,170 | $5,909 |
Property facts
Year built
2005
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,083 sqft
Lot size
—
ZIP code
61016
City
Cherry Valley
Street
Ridge Ln
Coordinates
42.25643, -88.93824
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
$1,722
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7160 Ridge Ln last sell?
7160 Ridge Ln most recently sold on Dec 13, 2021 for $287,000.
What is the current tax assessment for 7160 Ridge Ln?
The most recent total assessment for 7160 Ridge Ln (year 2025) is $117,081 with $8,806 in property tax.
How does 7160 Ridge Ln's assessment compare to its last sale price?
The current assessment is 59.2% below the last sale price of $287,000.
When was 7160 Ridge Ln built?
7160 Ridge Ln was built in 2005.
How does 7160 Ridge Ln compare to others on Ridge Ln?
We track 8 other properties on Ridge Ln. Browse the list under "Other properties on Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 7160 Ridge Ln?
7160 Ridge Ln is a 3 bed, 3 bath, 2,083 sqft single_family.
Is 7160 Ridge Ln a flip candidate?
No — 7160 Ridge Ln does not appear in our flips dataset.
Is 7160 Ridge Ln a tax-appeal candidate?
No — 7160 Ridge Ln 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 Ridge Ln