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1598 Franklin Rd

Franklin Grove, IL 61031

1 bd 1 ba 1,940 sqft Built 1900 Lot 43,560 sqft single_family
Most recent sale
$125,000
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2022 Sold $125,000 MLS #11482328
Aug 3, 2022 Listed $115,000 MLS #11482328

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,399 $6,069 $39,468 $2,424
2024 $29,043 $5,277 $34,320 $2,096
2023 $25,255 $4,589 $29,844 $1,797
2022 $23,170 $4,210 $27,380 $2,122
2021 $24,577 $3,951 $28,528 $2,239
2020 $23,861 $3,836 $27,697 $2,200
2019 $23,166 $3,724 $26,890 $1,290
2018 $22,063 $3,547 $25,610 $1,153
2017 $20,795 $3,461 $24,256 $1,049
2016 $20,795 $3,461 $24,256 $1,055
2015 $20,795 $3,461 $24,256 $1,067
2014 $20,795 $3,461 $24,256 $1,070
2013 $20,795 $3,461 $24,256 $1,045
2012 $21,438 $3,568 $25,006 $1,175
2011 $21,875 $3,641 $25,516 $1,968
2010 $21,875 $3,641 $25,516 $1,968
2009 $21,446 $3,570 $25,016 $1,888
2008 $20,425 $3,400 $23,825 $1,798
2006 $24,304 $3,299 $27,603 $2,006
2005 $22,909 $3,110 $26,019 $2,006

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
1,940 sqft
Lot size
43,560 sqft
ZIP code
61031
City
Franklin Grove
Street
Franklin Rd
Coordinates
41.81563, -89.31283

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1598 Franklin Rd last sell?
1598 Franklin Rd most recently sold on Sep 6, 2022 for $125,000.
What is the current tax assessment for 1598 Franklin Rd?
The most recent total assessment for 1598 Franklin Rd (year 2025) is $39,468 with $2,424 in property tax.
How does 1598 Franklin Rd's assessment compare to its last sale price?
The current assessment is 68.4% below the last sale price of $125,000.
When was 1598 Franklin Rd built?
1598 Franklin Rd was built in 1900.
How does 1598 Franklin Rd compare to others on Franklin Rd?
We track 3 other properties on Franklin Rd. Browse the list under "Other properties on Franklin Rd" to compare beds, baths, and sale history.
What are the property facts for 1598 Franklin Rd?
1598 Franklin Rd is a 1 bed, 1 bath, 1,940 sqft, 43,560 sqft lot single_family.
Is 1598 Franklin Rd a flip candidate?
No — 1598 Franklin Rd does not appear in our flips dataset.
Is 1598 Franklin Rd a tax-appeal candidate?
No — 1598 Franklin Rd 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
-0.4%
Implied 1-yr
-1.6%
2026 Q1
$226.2K
2026 Q2
$225.3K
ZIP 61031 — Median Price History + Forecast

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