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506 7th St

Dixon, IL 61021

2 bd 1 ba 968 sqft Built 1965 single_family
Most recent sale
$95,000
Feb 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 8, 2022 Sold $95,000 MLS #11290772
Dec 16, 2021 Listed $97,500 MLS #11290772
May 28, 2008 Sold $80,000 Public Record
May 23, 2008 Sold $80,000 MRED
Apr 24, 2008 Listed $83,500 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $30,709 $9,076 $39,785 $3,094
2023 $28,173 $8,327 $36,500 $2,648
2022 $25,381 $7,502 $32,883 $3,142
2021 $23,501 $6,946 $30,447 $2,360
2020 $22,382 $6,615 $28,997 $2,244
2019 $21,730 $6,422 $28,152 $2,175
2018 $21,304 $6,296 $27,600 $2,080
2017 $20,485 $6,054 $26,539 $1,975
2016 $19,888 $5,878 $25,766 $1,911
2015 $19,888 $5,878 $25,766 $1,832
2014 $19,888 $5,878 $25,766 $1,801
2013 $19,691 $5,820 $25,511 $1,793
2012 $20,300 $6,000 $26,300 $1,810
2011 $20,300 $6,000 $26,300 $1,859
2010 $21,420 $6,120 $27,540 $1,859
2009 $21,000 $6,000 $27,000 $1,885
2008 $22,050 $5,775 $27,825 $1,586
2006 $23,468 $5,430 $28,898 $1,541
2005 $22,120 $5,118 $27,238 $1,541

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
968 sqft
Lot size
ZIP code
61021
City
Dixon
Street
7th St
Coordinates
41.83910, -89.47428

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
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 7th St last sell?
506 7th St most recently sold on Feb 8, 2022 for $95,000.
What is the current tax assessment for 506 7th St?
The most recent total assessment for 506 7th St (year 2024) is $39,785 with $3,094 in property tax.
How does 506 7th St's assessment compare to its last sale price?
The current assessment is 58.1% below the last sale price of $95,000.
When was 506 7th St built?
506 7th St was built in 1965.
How does 506 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 506 7th St?
506 7th St is a 2 bed, 1 bath, 968 sqft single_family.
Is 506 7th St a flip candidate?
No — 506 7th St does not appear in our flips dataset.
Is 506 7th St a tax-appeal candidate?
No — 506 7th 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
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$154.9K
2026 Q4
$158.5K
ZIP 61021 — Median Price History + Forecast

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