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1471 IL Route 2

Oregon, IL 61061

4 bd 4 ba 4,200 sqft Built 1992 Lot 53,579 sqft single_family
Most recent sale
$495,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $495,000 Public Record
Sep 16, 2022 Sold $495,000 MLS #11485688
Aug 7, 2022 Listed $519,000 MLS #11485688
Aug 6, 2022 Listed $519,000 MLS #202205218
Mar 7, 2022 Sold $312,500 Public Record
Jan 31, 2022 Price changed $330,000 MLS #202103502
Aug 20, 2021 Price changed $345,000 MLS #202103502
Jul 30, 2021 Price changed $360,900 MLS #202103502
Jul 1, 2021 Listed $364,900 MLS #202103502

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $98,611 $21,838 $120,449 $9,246
2022 $85,807 $19,003 $104,810 $7,986
2021 $83,853 $18,570 $102,423 $7,839
2020 $80,089 $17,736 $97,825 $7,504
2019 $76,824 $17,013 $93,837 $7,126
2018 $76,824 $17,013 $93,837 $7,090
2017 $73,962 $16,379 $90,341 $6,743
2016 $72,876 $16,139 $89,015 $6,557
2015 $71,238 $15,776 $87,014 $6,364
2014 $71,238 $15,776 $87,014 $6,053
2013 $73,677 $16,316 $89,993 $6,016
2012 $78,438 $17,370 $95,808 $6,280
2011 $79,214 $17,542 $96,756 $6,257
2010 $80,331 $17,789 $98,120 $6,155
2009 $80,331 $17,789 $98,120 $6,417
2007 $76,219 $17,321 $93,540 $6,059
2006 $76,219 $17,321 $93,540 $5,377

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
4,200 sqft
Lot size
53,579 sqft
ZIP code
61061
City
Oregon
Street
IL Route 2
Coordinates
42.03558, -89.33769

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
$2,970
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1471 IL Route 2 last sell?
1471 IL Route 2 most recently sold on Sep 20, 2022 for $495,000.
What is the current tax assessment for 1471 IL Route 2?
The most recent total assessment for 1471 IL Route 2 (year 2024) is $120,449 with $9,246 in property tax.
How does 1471 IL Route 2's assessment compare to its last sale price?
The current assessment is 75.7% below the last sale price of $495,000.
When was 1471 IL Route 2 built?
1471 IL Route 2 was built in 1992.
How does 1471 IL Route 2 compare to others on IL Route 2?
We track 8 other properties on IL Route 2. Browse the list under "Other properties on IL Route 2" to compare beds, baths, and sale history.
What are the property facts for 1471 IL Route 2?
1471 IL Route 2 is a 4 bed, 4 bath, 4,200 sqft, 53,579 sqft lot single_family.
Is 1471 IL Route 2 a flip candidate?
Yes — 1471 IL Route 2 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1471 IL Route 2 a tax-appeal candidate?
No — 1471 IL Route 2 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
-2.8%
Implied 1-yr
-11.4%
2026 Q3
$171K
2026 Q4
$165.1K
ZIP 61061 — Median Price History + Forecast

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