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8224 Ravere St

Machesney Park, IL 61115

3 bd 2 ba 1,223 sqft Built 1947 Lot 17,860 sqft single_family
Most recent sale
$60,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 20, 2024 Sold $150,000 MRED
Feb 19, 2024 Listed $145,000 MRED
Apr 22, 2022 Sold $60,000 Public Record
Mar 31, 2022 Listed $59,900 MLS #202201714
Nov 15, 2017 Sold $48,900 Public Record
Oct 3, 2017 Listing removed $54,900 NorthWestILAlliance
Sep 28, 2017 Listed $54,900 MLS #201705978

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $35,614 $8,665 $44,279 $3,525
2023 $35,614 $8,665 $44,279 $3,393
2022 $28,848 $7,018 $35,866 $3,371
2021 $26,830 $6,527 $33,357 $3,146
2020 $25,557 $6,217 $31,774 $2,905
2019 $24,480 $5,955 $30,435 $3,004
2018 $23,677 $5,760 $29,437 $3,225
2017 $23,028 $5,602 $28,630 $628
2016 $22,570 $5,491 $28,061 $409
2015 $22,175 $5,395 $27,570 $414
2014 $22,175 $5,395 $27,570 $410
2013 $23,113 $5,623 $28,736 $387
2012 $24,513 $5,963 $30,476 $649
2011 $25,534 $6,211 $31,745 $591
2010 $26,720 $6,500 $33,220 $565
2009 $27,558 $6,704 $34,262 $533
2008 $27,108 $6,595 $33,703 $569
2007 $26,250 $6,386 $32,636 $632
2006 $25,284 $6,151 $31,435 $645

Property facts

Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,223 sqft
Lot size
17,860 sqft
ZIP code
61115
City
Machesney Park
Street
Ravere St
Coordinates
42.34324, -89.05034

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8224 Ravere St last sell?
8224 Ravere St most recently sold on Apr 22, 2022 for $60,000.
What is the current tax assessment for 8224 Ravere St?
The most recent total assessment for 8224 Ravere St (year 2024) is $44,279 with $3,525 in property tax.
How does 8224 Ravere St's assessment compare to its last sale price?
The current assessment is 26.2% below the last sale price of $60,000.
When was 8224 Ravere St built?
8224 Ravere St was built in 1947.
How does 8224 Ravere St compare to others on Ravere St?
We track 8 other properties on Ravere St. Browse the list under "Other properties on Ravere St" to compare beds, baths, and sale history.
What are the property facts for 8224 Ravere St?
8224 Ravere St is a 3 bed, 2 bath, 1,223 sqft, 17,860 sqft lot single_family.
Is 8224 Ravere St a flip candidate?
Yes — 8224 Ravere St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8224 Ravere St a tax-appeal candidate?
No — 8224 Ravere 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
+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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