316 Elm St
Franklin Grove, IL 61031
3 bd 3 ba 1,536 sqft Built 1986 Lot 10,296 sqft single_family
Most recent sale
$155,000
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $155,000 | MLS #11442559 |
| Jul 25, 2022 | Price changed | $164,999 | MLS #11442559 |
| Jul 12, 2022 | Price changed | $169,999 | MLS #11442559 |
| Jun 22, 2022 | Listed | $175,000 | MLS #11442559 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $54,638 | $4,436 | $59,074 | $3,647 |
| 2024 | $47,511 | $3,857 | $51,368 | $3,533 |
| 2023 | $41,314 | $3,354 | $44,668 | $3,064 |
| 2022 | $37,903 | $3,077 | $40,980 | $2,578 |
| 2021 | $39,359 | $2,944 | $42,303 | $2,708 |
| 2020 | $38,213 | $2,858 | $41,071 | $2,636 |
| 2019 | $37,100 | $2,775 | $39,875 | $2,583 |
| 2018 | $35,333 | $2,643 | $37,976 | $2,796 |
| 2017 | $35,923 | $2,643 | $38,566 | $2,852 |
| 2016 | $35,923 | $2,643 | $38,566 | $2,865 |
| 2015 | $35,923 | $2,643 | $38,566 | $2,887 |
| 2014 | $35,923 | $2,643 | $38,566 | $2,895 |
| 2013 | $47,072 | $3,145 | $50,217 | $3,797 |
| 2012 | $48,528 | $3,242 | $51,770 | $3,884 |
| 2011 | $49,518 | $3,308 | $52,826 | $3,899 |
| 2010 | $49,518 | $3,308 | $52,826 | $3,899 |
| 2009 | $48,547 | $3,243 | $51,790 | $3,730 |
| 2008 | $46,235 | $3,089 | $49,324 | $3,569 |
| 2006 | $39,821 | $2,081 | $41,902 | $3,872 |
| 2005 | $52,526 | $1,961 | $54,487 | $3,872 |
Property facts
Year built
1986
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,536 sqft
Lot size
10,296 sqft
ZIP code
61031
City
Franklin Grove
Street
Elm St
Coordinates
41.84384, -89.29907
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
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 316 Elm St last sell?
316 Elm St most recently sold on Sep 29, 2022 for $155,000.
What is the current tax assessment for 316 Elm St?
The most recent total assessment for 316 Elm St (year 2025) is $59,074 with $3,647 in property tax.
How does 316 Elm St's assessment compare to its last sale price?
The current assessment is 61.9% below the last sale price of $155,000.
When was 316 Elm St built?
316 Elm St was built in 1986.
How does 316 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 316 Elm St?
316 Elm St is a 3 bed, 3 bath, 1,536 sqft, 10,296 sqft lot single_family.
Is 316 Elm St a flip candidate?
No — 316 Elm St does not appear in our flips dataset.
Is 316 Elm St a tax-appeal candidate?
No — 316 Elm St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.6%
2026 Q1
$226.2K
2026 Q2
$225.3K
ZIP 61031 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm St