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524 State Ave

Freeport, IL 61032

3 bd 2 ba 1,496 sqft Built 1907 Lot 3,500 sqft single_family
Most recent sale
$45,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $45,000 MLS #11286500
Dec 14, 2021 Listed $55,000 MLS #11286500

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $10,238 $268 $10,506 $515
2023 $10,238 $268 $10,506 $477
2016 $4,748 $268 $5,016 $540
2015 $5,337 $268 $5,605 $533
2014 $5,460 $274 $5,734 $517
2013 $6,185 $282 $6,467 $495
2012 $7,999 $292 $8,291 $471
2011 $9,278 $304 $9,582 $448
2010 $9,492 $311 $9,803 $436
2009 $9,642 $316 $9,958 $424
2008 $9,642 $316 $9,958 $450

Property facts

Year built
1907
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,496 sqft
Lot size
3,500 sqft
ZIP code
61032
City
Freeport
Street
State Ave
Coordinates
42.29346, -89.61573

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
$270
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 524 State Ave last sell?
524 State Ave most recently sold on Jan 28, 2022 for $45,000.
What is the current tax assessment for 524 State Ave?
The most recent total assessment for 524 State Ave (year 2024) is $10,506 with $515 in property tax.
How does 524 State Ave's assessment compare to its last sale price?
The current assessment is 76.7% below the last sale price of $45,000.
When was 524 State Ave built?
524 State Ave was built in 1907.
How does 524 State Ave compare to others on State Ave?
We track 8 other properties on State Ave. Browse the list under "Other properties on State Ave" to compare beds, baths, and sale history.
What are the property facts for 524 State Ave?
524 State Ave is a 3 bed, 2 bath, 1,496 sqft, 3,500 sqft lot single_family.
Is 524 State Ave a flip candidate?
No — 524 State Ave does not appear in our flips dataset.
Is 524 State Ave a tax-appeal candidate?
No — 524 State Ave 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
+3.2%
Implied 1-yr
+13.0%
2026 Q3
$179.2K
2026 Q4
$184K
ZIP 61032 — Median Price History + Forecast

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