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241 State St

Franklin Grove, IL 61031

4 bd 2 ba 1,724 sqft Built 1965 single_family
Most recent sale
$154,900
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $154,900 MLS #11303403
Jan 13, 2022 Listed $154,900 MLS #11303403

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $66,637 $9,867 $76,504 $5,581
2024 $57,945 $8,580 $66,525 $4,931
2023 $50,387 $7,461 $57,848 $4,333
2022 $46,227 $6,845 $53,072 $3,618
2021 $44,615 $6,597 $51,212 $3,479
2020 $43,316 $6,405 $49,721 $3,394
2019 $42,054 $6,218 $48,272 $3,335
2018 $40,051 $5,922 $45,973 $3,058
2017 $39,699 $5,922 $45,621 $3,032
2016 $39,699 $5,922 $45,621 $3,046
2015 $39,699 $5,922 $45,621 $3,069
2014 $39,699 $5,922 $45,621 $3,077
2013 $44,347 $4,231 $48,578 $3,227
2012 $45,719 $4,362 $50,081 $3,401
2011 $46,652 $4,451 $51,103 $3,423
2010 $46,652 $4,451 $51,103 $3,423
2009 $45,737 $4,364 $50,101 $3,266
2008 $43,559 $4,156 $47,715 $3,438
2006 $42,367 $3,698 $46,065 $3,200
2005 $39,935 $3,485 $43,420 $3,200

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,724 sqft
Lot size
ZIP code
61031
City
Franklin Grove
Street
State St
Coordinates
41.84329, -89.30331

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$929
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 241 State St last sell?
241 State St most recently sold on Feb 25, 2022 for $154,900.
What is the current tax assessment for 241 State St?
The most recent total assessment for 241 State St (year 2025) is $76,504 with $5,581 in property tax.
How does 241 State St's assessment compare to its last sale price?
The current assessment is 50.6% below the last sale price of $154,900.
When was 241 State St built?
241 State St was built in 1965.
How does 241 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 241 State St?
241 State St is a 4 bed, 2 bath, 1,724 sqft single_family.
Is 241 State St a flip candidate?
No — 241 State St does not appear in our flips dataset.
Is 241 State St a tax-appeal candidate?
No — 241 State 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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