508 Grand Ave
Loves Park, IL 61111
3 bd 1 ba 1,294 sqft Built 1940 Lot 6,534 sqft single_family
Most recent sale
$47,000
Dec 8, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 13, 2026 | Listed for rent | $1,900 | AppfolioUnits |
| Feb 6, 2026 | Sold | $160,000 | NorthWestILAlliance |
| Nov 18, 2025 | Listed | $169,900 | MRED |
| Dec 8, 2021 | Sold | $47,000 | MLS #11275149 |
| Nov 22, 2021 | Listed | $60,000 | MLS #202107711 |
| Oct 21, 1993 | Sold | $51,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | $16,953 | $3,889 | $20,842 | $2,045 |
| 2019 | $16,158 | $3,707 | $19,865 | $2,099 |
| 2018 | $15,228 | $3,493 | $18,721 | $2,194 |
| 2017 | $14,574 | $3,343 | $17,917 | $2,137 |
| 2016 | $14,301 | $3,280 | $17,581 | $2,115 |
| 2015 | $14,301 | $3,280 | $17,581 | $2,139 |
| 2014 | $14,301 | $3,280 | $17,581 | $2,114 |
| 2013 | $15,193 | $3,485 | $18,678 | $2,115 |
| 2012 | $16,113 | $3,696 | $19,809 | $2,057 |
| 2011 | $16,981 | $3,895 | $20,876 | $1,999 |
| 2010 | $17,873 | $4,100 | $21,973 | $1,968 |
| 2009 | $18,129 | $4,159 | $22,288 | $1,879 |
| 2008 | $17,584 | $4,034 | $21,618 | $1,808 |
| 2007 | $16,783 | $3,850 | $20,633 | $1,702 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,294 sqft
Lot size
6,534 sqft
ZIP code
61111
City
Loves Park
Street
Grand Ave
Coordinates
42.31258, -89.05700
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
$282
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Grand Ave last sell?
508 Grand Ave most recently sold on Dec 8, 2021 for $47,000.
What is the current tax assessment for 508 Grand Ave?
The most recent total assessment for 508 Grand Ave (year 2020) is $20,842 with $2,045 in property tax.
How does 508 Grand Ave's assessment compare to its last sale price?
The current assessment is 55.7% below the last sale price of $47,000.
When was 508 Grand Ave built?
508 Grand Ave was built in 1940.
How does 508 Grand Ave compare to others on Grand Ave?
We track 8 other properties on Grand Ave. Browse the list under "Other properties on Grand Ave" to compare beds, baths, and sale history.
What are the property facts for 508 Grand Ave?
508 Grand Ave is a 3 bed, 1 bath, 1,294 sqft, 6,534 sqft lot single_family.
Is 508 Grand Ave a flip candidate?
No — 508 Grand Ave does not appear in our flips dataset.
Is 508 Grand Ave a tax-appeal candidate?
No — 508 Grand Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-5.8%
2026 Q3
$200.9K
2026 Q4
$197.7K
ZIP 61111 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grand Ave