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217 South St

Franklin Grove, IL 61031

3 bd 1 ba 1,328 sqft Built 1956 Lot 6,534 sqft single_family
Most recent sale
$123,500
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Sold $123,500 MLS #11611805
Sep 2, 2022 Price changed $140,000 MLS #11611805
Aug 23, 2022 Listed $160,000 MLS #11611805

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $27,078 $3,118 $30,196 $2,390
2024 $23,546 $2,711 $26,257 $2,139
2023 $20,475 $2,357 $22,832 $1,908
2022 $18,784 $2,162 $20,946 $855
2021 $19,915 $2,084 $21,999 $951
2020 $19,335 $2,023 $21,358 $767
2019 $18,772 $1,964 $20,736 $783
2018 $17,878 $1,870 $19,748 $765
2017 $19,835 $1,870 $21,705 $938
2016 $19,835 $1,870 $21,705 $942
2015 $19,835 $1,870 $21,705 $949
2014 $19,835 $1,870 $21,705 $952
2013 $24,601 $2,240 $26,841 $954
2012 $25,362 $2,309 $27,671 $1,028
2011 $25,880 $2,356 $28,236 $1,009
2010 $25,880 $2,356 $28,236 $1,009
2009 $25,373 $2,310 $27,683 $1,440
2008 $24,165 $2,200 $26,365 $1,374
2006 $23,205 $1,431 $24,636 $1,176
2005 $21,873 $1,349 $23,222 $1,176

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,328 sqft
Lot size
6,534 sqft
ZIP code
61031
City
Franklin Grove
Street
South St
Coordinates
41.84060, -89.29706

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
$741
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 217 South St last sell?
217 South St most recently sold on Oct 24, 2022 for $123,500.
What is the current tax assessment for 217 South St?
The most recent total assessment for 217 South St (year 2025) is $30,196 with $2,390 in property tax.
How does 217 South St's assessment compare to its last sale price?
The current assessment is 75.5% below the last sale price of $123,500.
When was 217 South St built?
217 South St was built in 1956.
How does 217 South St compare to others on South St?
We track 8 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 217 South St?
217 South St is a 3 bed, 1 bath, 1,328 sqft, 6,534 sqft lot single_family.
Is 217 South St a flip candidate?
No — 217 South St does not appear in our flips dataset.
Is 217 South St a tax-appeal candidate?
No — 217 South 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
-0.4%
Implied 1-yr
-1.6%
2026 Q1
$226.2K
2026 Q2
$225.3K
ZIP 61031 — Median Price History + Forecast

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