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310 Gilbert Ter

Machesney Park, IL 61115

3 bd 1 ba 1,114 sqft Built 1949 Lot 7,841 sqft single_family
Most recent sale
$57,500
May 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2022 Sold $57,500 MLS #11355813
Mar 25, 2022 Price changed $54,000 MLS #11355813
Mar 24, 2022 Listed $42,000 MLS #11355813
Dec 6, 2010 Sold $50,000 Public Record
Nov 25, 2010 Listing removed $55,000 NorthWestILAlliance
Oct 27, 2010 Listed $55,000 MLS #58686

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $29,758 $3,891 $33,649 $2,201
2023 $29,758 $3,891 $33,649 $2,061
2022 $24,104 $3,152 $27,256 $1,998
2021 $22,418 $2,932 $25,350 $1,825
2020 $21,355 $2,793 $24,148 $1,659
2019 $20,455 $2,675 $23,130 $1,690
2018 $19,784 $2,587 $22,371 $1,793
2017 $19,241 $2,516 $21,757 $1,750
2016 $18,858 $2,466 $21,324 $1,715
2015 $18,528 $2,423 $20,951 $1,693
2014 $18,528 $2,423 $20,951 $1,678
2013 $19,312 $2,526 $21,838 $1,678
2012 $20,481 $2,679 $23,160 $1,675
2011 $21,334 $2,791 $24,125 $1,647
2010 $22,325 $2,921 $25,246 $1,294
2009 $23,025 $3,013 $26,038 $140
2008 $22,649 $2,964 $25,613 $178
2007 $21,932 $2,870 $24,802 $252
2006 $19,406 $2,266 $21,672 $257

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,114 sqft
Lot size
7,841 sqft
ZIP code
61115
City
Machesney Park
Street
Gilbert Ter
Coordinates
42.34291, -89.05775

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$345
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 310 Gilbert Ter last sell?
310 Gilbert Ter most recently sold on May 23, 2022 for $57,500.
What is the current tax assessment for 310 Gilbert Ter?
The most recent total assessment for 310 Gilbert Ter (year 2024) is $33,649 with $2,201 in property tax.
How does 310 Gilbert Ter's assessment compare to its last sale price?
The current assessment is 41.5% below the last sale price of $57,500.
When was 310 Gilbert Ter built?
310 Gilbert Ter was built in 1949.
How does 310 Gilbert Ter compare to others on Gilbert Ter?
We track 8 other properties on Gilbert Ter. Browse the list under "Other properties on Gilbert Ter" to compare beds, baths, and sale history.
What are the property facts for 310 Gilbert Ter?
310 Gilbert Ter is a 3 bed, 1 bath, 1,114 sqft, 7,841 sqft lot single_family.
Is 310 Gilbert Ter a flip candidate?
No — 310 Gilbert Ter does not appear in our flips dataset.
Is 310 Gilbert Ter a tax-appeal candidate?
No — 310 Gilbert Ter 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
+4.4%
Implied 1-yr
+17.7%
2026 Q2
$213.9K
2026 Q3
$221.2K
ZIP 61115 — Median Price History + Forecast

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