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320 State St

Cherry Valley, IL 61016

3 bd 2 ba 1,888 sqft Built 1920 Lot 9,148 sqft single_family
Most recent sale
$155,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $155,000 Public Record
Jul 15, 2022 Sold $155,000 MLS #11429811
Jun 9, 2022 Listed $135,000 MLS #11429811
Apr 27, 2015 Sold $100,000 Public Record
Mar 27, 2015 Sold $100,000 MLS #1726823
Feb 27, 2015 Listing removed $99,900 NorthWestILAlliance
Feb 17, 2015 Price changed $99,900 MLS #08721183
Dec 18, 2014 Price changed $109,900 MLS #08721183
Nov 26, 2014 Listing removed $114,900 NorthWestILAlliance
Nov 25, 2014 Listed $114,900 MLS #201407386
Nov 24, 2014 Price changed $114,900 MLS #08721183
Nov 21, 2014 Relisted $119,900 MLS #1726823
Nov 10, 2014 Listing removed $119,900 NorthWestILAlliance
Sep 12, 2014 Listing removed $119,900 SCWMLS
Sep 6, 2014 Listed $119,900 MLS #1726823
Sep 5, 2014 Listed $119,900 MLS #201405821
Oct 2, 2002 Sold $118,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $45,670 $11,484 $57,154 $4,109
2023 $41,312 $10,388 $51,700 $3,784
2022 $35,645 $6,982 $42,627 $3,265
2021 $33,899 $6,640 $40,539 $3,291
2020 $32,458 $6,358 $38,816 $3,272
2019 $30,936 $6,060 $36,996 $3,189
2018 $29,154 $5,901 $35,055 $3,170
2017 $28,294 $5,727 $34,021 $3,161
2016 $27,696 $5,606 $33,302 $3,123
2015 $27,188 $5,503 $32,691 $3,088
2014 $27,188 $5,503 $32,691 $3,030
2013 $27,963 $5,660 $33,623 $2,937
2012 $28,986 $5,867 $34,853 $2,832
2011 $29,323 $5,935 $35,258 $2,816
2010 $39,411 $6,086 $45,497 $3,458
2009 $39,857 $6,155 $46,012 $3,213
2008 $39,857 $6,155 $46,012 $3,193
2007 $38,543 $5,952 $44,495 $3,049
2006 $36,258 $5,821 $42,079 $2,927

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,888 sqft
Lot size
9,148 sqft
ZIP code
61016
City
Cherry Valley
Street
State St
Coordinates
42.23510, -88.95048

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 320 State St last sell?
320 State St most recently sold on Jul 22, 2022 for $155,000.
What is the current tax assessment for 320 State St?
The most recent total assessment for 320 State St (year 2025) is $57,154 with $4,109 in property tax.
How does 320 State St's assessment compare to its last sale price?
The current assessment is 63.1% below the last sale price of $155,000.
When was 320 State St built?
320 State St was built in 1920.
How does 320 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 320 State St?
320 State St is a 3 bed, 2 bath, 1,888 sqft, 9,148 sqft lot single_family.
Is 320 State St a flip candidate?
No — 320 State St does not appear in our flips dataset.
Is 320 State St a tax-appeal candidate?
No — 320 State St 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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