7372 Illinois Route 16
Hillsboro, IL 62049
3 bd 3 ba 1,392 sqft Built 1985 Lot 217,800 sqft single_family
Most recent sale
$275,000
Apr 5, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2024 | Sold | $275,000 | MARIS |
| Feb 21, 2024 | Listed | $275,000 | MARIS |
| Feb 6, 2023 | Sold | $255,000 | MARIS |
| Dec 21, 2022 | Listed | $260,000 | MARIS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $61,750 | $6,350 | $68,100 | $4,237 |
| 2022 | $53,080 | $5,460 | $58,540 | $3,810 |
| 2021 | $47,810 | $4,920 | $52,730 | $3,555 |
| 2020 | $47,610 | $4,900 | $52,510 | $3,503 |
| 2019 | $44,560 | $4,590 | $49,150 | $3,323 |
| 2018 | $40,750 | $4,200 | $44,950 | $3,002 |
| 2017 | $42,390 | $4,370 | $46,760 | $3,309 |
| 2016 | $44,090 | $4,550 | $48,640 | $3,352 |
| 2015 | $45,860 | $4,730 | $50,590 | $3,421 |
| 2014 | $46,810 | $4,830 | $51,640 | $3,487 |
| 2013 | $44,940 | $4,640 | $49,580 | $3,251 |
| 2012 | $43,610 | $4,500 | $48,110 | $3,005 |
| 2011 | $43,380 | $4,480 | $47,860 | $3,048 |
| 2010 | $43,862 | $4,530 | $48,392 | $3,038 |
Property facts
Year built
1985
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,392 sqft
Lot size
217,800 sqft
ZIP code
62049
City
Hillsboro
Street
Illinois Route 16
Coordinates
39.17227, -89.55323
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,506
Gross rental yield
10.94%
Implied cap rate
7.11%
Trend-extrapolated value
—
Frequently asked questions
When did 7372 Illinois Route 16 last sell?
7372 Illinois Route 16 most recently sold on Apr 5, 2024 for $275,000.
What is the current tax assessment for 7372 Illinois Route 16?
The most recent total assessment for 7372 Illinois Route 16 (year 2024) is $68,100 with $4,237 in property tax.
How does 7372 Illinois Route 16's assessment compare to its last sale price?
The current assessment is 75.2% below the last sale price of $275,000.
When was 7372 Illinois Route 16 built?
7372 Illinois Route 16 was built in 1985.
How does 7372 Illinois Route 16 compare to others on Illinois Route 16?
We track 7 other properties on Illinois Route 16. Browse the list under "Other properties on Illinois Route 16" to compare beds, baths, and sale history.
What are the property facts for 7372 Illinois Route 16?
7372 Illinois Route 16 is a 3 bed, 3 bath, 1,392 sqft, 217,800 sqft lot single_family.
Is 7372 Illinois Route 16 a flip candidate?
No — 7372 Illinois Route 16 does not appear in our flips dataset.
Is 7372 Illinois Route 16 a tax-appeal candidate?
No — 7372 Illinois Route 16 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.2%
2026 Q1
$150.7K
2026 Q2
$154.8K
ZIP 62049 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Illinois Route 16