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417 State St

Cherry Valley, IL 61016

5 bd 2 ba 3,225 sqft Built 1933 Lot 16,553 sqft single_family
Most recent sale
$120,000
May 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 3, 2022 Sold $120,000 MLS #10897027
Apr 6, 2022 Relisted $145,000 MLS #10897027
Apr 6, 2022 Listed $145,000 MLS #202005706
Mar 8, 2022 Listing removed $138,000 MRED
Aug 1, 2000 Sold $112,000 Public Record
May 2, 1991 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $71,035 $11,484 $82,519 $5,933
2023 $64,256 $10,388 $74,644 $5,178
2022 $48,054 $6,982 $55,036 $3,996
2021 $45,700 $6,640 $52,340 $4,011
2020 $43,757 $6,358 $50,115 $3,142
2019 $41,705 $6,060 $47,765 $3,242
2018 $39,091 $5,901 $44,992 $3,438
2017 $37,938 $5,727 $43,665 $3,555
2016 $37,136 $5,606 $42,742 $3,605
2015 $36,454 $5,503 $41,957 $3,646
2014 $36,454 $5,503 $41,957 $3,577
2013 $37,493 $5,660 $43,153 $3,479
2012 $38,865 $5,867 $44,732 $3,467
2011 $39,317 $5,935 $45,252 $3,377
2010 $42,424 $6,086 $48,510 $3,329
2009 $42,905 $6,155 $49,060 $3,124
2008 $42,905 $6,155 $49,060 $3,107
2007 $41,490 $5,952 $47,442 $3,404
2006 $39,030 $5,821 $44,851 $3,270

Property facts

Year built
1933
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
3,225 sqft
Lot size
16,553 sqft
ZIP code
61016
City
Cherry Valley
Street
State St
Coordinates
42.23789, -88.96003

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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 417 State St last sell?
417 State St most recently sold on May 3, 2022 for $120,000.
What is the current tax assessment for 417 State St?
The most recent total assessment for 417 State St (year 2025) is $82,519 with $5,933 in property tax.
How does 417 State St's assessment compare to its last sale price?
The current assessment is 31.2% below the last sale price of $120,000.
When was 417 State St built?
417 State St was built in 1933.
How does 417 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 417 State St?
417 State St is a 5 bed, 2 bath, 3,225 sqft, 16,553 sqft lot single_family.
Is 417 State St a flip candidate?
No — 417 State St does not appear in our flips dataset.
Is 417 State St a tax-appeal candidate?
No — 417 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
-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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