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7065 Sorghum Ln

Cherry Valley, IL 61016

4 bd 3 ba 2,986 sqft Built 1995 Lot 12,632 sqft single_family
Most recent sale
$303,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $303,000 Public Record
Jul 28, 2022 Sold $303,000 MLS #11422839
Jun 2, 2022 Listed $299,000 MLS #11422839
Oct 28, 2008 Sold $205,000 Public Record
Jul 14, 1998 Sold $168,500 Public Record
Sep 28, 1995 Sold $152,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $89,627 $11,484 $101,111 $6,478
2023 $81,074 $10,388 $91,462 $5,754
2022 $62,093 $10,677 $72,770 $5,605
2021 $59,052 $10,154 $69,206 $5,648
2020 $56,542 $9,722 $66,264 $6,116
2019 $53,891 $9,266 $63,157 $5,986
2018 $52,533 $9,023 $61,556 $6,170
2017 $50,983 $8,757 $59,740 $6,171
2016 $49,905 $8,572 $58,477 $6,112
2015 $48,989 $8,415 $57,404 $6,053
2014 $51,377 $8,415 $59,792 $6,215
2013 $52,841 $8,655 $61,496 $6,004
2012 $54,775 $8,972 $63,747 $5,764
2011 $60,785 $9,076 $69,861 $6,230
2010 $62,331 $9,307 $71,638 $5,836
2009 $63,037 $9,412 $72,449 $5,545
2008 $63,037 $9,412 $72,449 $5,482
2007 $60,958 $9,102 $70,060 $5,217
2006 $58,504 $8,903 $67,407 $5,122

Property facts

Year built
1995
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,986 sqft
Lot size
12,632 sqft
ZIP code
61016
City
Cherry Valley
Street
Sorghum Ln
Coordinates
42.22347, -88.97780

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,818
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7065 Sorghum Ln last sell?
7065 Sorghum Ln most recently sold on Aug 3, 2022 for $303,000.
What is the current tax assessment for 7065 Sorghum Ln?
The most recent total assessment for 7065 Sorghum Ln (year 2025) is $101,111 with $6,478 in property tax.
How does 7065 Sorghum Ln's assessment compare to its last sale price?
The current assessment is 66.6% below the last sale price of $303,000.
When was 7065 Sorghum Ln built?
7065 Sorghum Ln was built in 1995.
How does 7065 Sorghum Ln compare to others on Sorghum Ln?
We track 8 other properties on Sorghum Ln. Browse the list under "Other properties on Sorghum Ln" to compare beds, baths, and sale history.
What are the property facts for 7065 Sorghum Ln?
7065 Sorghum Ln is a 4 bed, 3 bath, 2,986 sqft, 12,632 sqft lot single_family.
Is 7065 Sorghum Ln a flip candidate?
No — 7065 Sorghum Ln does not appear in our flips dataset.
Is 7065 Sorghum Ln a tax-appeal candidate?
No — 7065 Sorghum Ln 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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