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123 Lincoln Hwy

Franklin Grove, IL 61031

2 bd 1 ba 1,184 sqft Built 1940 Lot 6,534 sqft single_family
Most recent sale
$136,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $130,000 Public Record
Jul 13, 2022 Sold $136,000 MLS #11414218
May 24, 2022 Listed $129,900 MLS #11414218
Mar 29, 2022 Listing removed $85,000 MRED
Nov 29, 2021 Sold $74,000 MLS #11184288
Aug 21, 2017 Listing removed $70,000 MRED
Dec 6, 2016 Listed $70,000 MLS #09400108
Feb 5, 2016 Listing removed $79,900 MRED
Aug 11, 2015 Listed $79,900 MLS #09008165
Jan 23, 2014 Listing removed $79,000 MRED
Feb 26, 2013 Listed $79,000 MLS #08278842
Jun 7, 2011 Listing removed $78,900 SaukValley
Mar 5, 2010 Listed $78,900 MLS #104327
Aug 21, 2009 Listing removed $84,900 Dekalb
Jul 27, 2009 Listed $94,900 MLS #hr4320

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $29,539 $4,048 $33,587 $2,247
2023 $25,686 $3,520 $29,206 $1,939
2022 $23,565 $3,229 $26,794 $2,304
2021 $23,064 $3,124 $26,188 $2,266
2020 $22,392 $3,033 $25,425 $2,229
2019 $21,740 $2,945 $24,685 $2,208
2018 $20,705 $2,805 $23,510 $2,055
2017 $19,646 $2,805 $22,451 $1,966
2016 $19,646 $2,805 $22,451 $1,975
2015 $19,646 $2,805 $22,451 $1,990
2014 $19,646 $2,805 $22,451 $1,995
2013 $20,431 $3,306 $23,737 $2,038
2012 $21,063 $3,408 $24,471 $2,076
2011 $21,493 $3,478 $24,971 $2,079
2010 $21,493 $3,478 $24,971 $2,079
2009 $21,072 $3,410 $24,482 $1,994
2008 $20,069 $3,248 $23,317 $1,899
2006 $33,660 $2,522 $36,182 $2,841
2005 $31,728 $2,378 $34,106 $2,841

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,184 sqft
Lot size
6,534 sqft
ZIP code
61031
City
Franklin Grove
Street
Lincoln Hwy
Coordinates
41.84501, -89.29826

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
$816
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 123 Lincoln Hwy last sell?
123 Lincoln Hwy most recently sold on Jul 13, 2022 for $136,000.
What is the current tax assessment for 123 Lincoln Hwy?
The most recent total assessment for 123 Lincoln Hwy (year 2024) is $33,587 with $2,247 in property tax.
How does 123 Lincoln Hwy's assessment compare to its last sale price?
The current assessment is 75.3% below the last sale price of $136,000.
When was 123 Lincoln Hwy built?
123 Lincoln Hwy was built in 1940.
How does 123 Lincoln Hwy compare to others on Lincoln Hwy?
We track 8 other properties on Lincoln Hwy. Browse the list under "Other properties on Lincoln Hwy" to compare beds, baths, and sale history.
What are the property facts for 123 Lincoln Hwy?
123 Lincoln Hwy is a 2 bed, 1 bath, 1,184 sqft, 6,534 sqft lot single_family.
Is 123 Lincoln Hwy a flip candidate?
Yes — 123 Lincoln Hwy appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 123 Lincoln Hwy a tax-appeal candidate?
No — 123 Lincoln Hwy 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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