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540 3rd St

Rochelle, IL 61068

3 bd 2 ba 1,888 sqft Built 1911 Lot 7,200 sqft single_family
Most recent sale
$138,000
Sep 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Sold $138,000 MLS #11435440
Jul 2, 2022 Listed $145,000 MLS #11435440
Oct 24, 2014 Sold $85,000 Public Record
Jan 7, 2011 Sold $48,500 Public Record
Jan 3, 2011 Sold $45,150 Public Record
Oct 18, 2009 Listing removed $119,900 Dekalb
Jun 4, 2009 Price changed $119,900 MLS #psrv15
Mar 19, 2009 Price changed $126,900 MLS #psrv15
Mar 11, 2009 Listing removed $126,900 MRED
Sep 11, 2008 Listed $127,900 MLS #psrv15
Sep 10, 2008 Listed $126,900 MLS #07019493
Jul 18, 2007 Sold $129,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $39,871 $4,363 $44,234 $3,379
2022 $29,911 $3,885 $33,796 $2,589
2021 $27,631 $3,589 $31,220 $2,417
2020 $26,315 $3,418 $29,733 $2,299
2019 $25,862 $3,359 $29,221 $2,246
2018 $25,355 $3,293 $28,648 $2,180
2017 $25,355 $3,293 $28,648 $2,150
2016 $24,660 $3,203 $27,863 $2,117
2015 $24,248 $3,149 $27,397 $2,077
2014 $25,301 $3,149 $28,450 $2,149
2013 $26,524 $3,301 $29,825 $2,253
2012 $28,226 $3,513 $31,739 $2,380
2011 $29,253 $3,641 $32,894 $2,416
2010 $37,203 $3,744 $40,947 $3,183
2009 $34,965 $3,872 $38,837 $2,974
2007 $33,268 $3,684 $36,952 $2,775
2006 $33,268 $3,684 $36,952 $2,450

Property facts

Year built
1911
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,888 sqft
Lot size
7,200 sqft
ZIP code
61068
City
Rochelle
Street
3rd St
Coordinates
41.91598, -89.05998

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
$828
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 540 3rd St last sell?
540 3rd St most recently sold on Sep 19, 2022 for $138,000.
What is the current tax assessment for 540 3rd St?
The most recent total assessment for 540 3rd St (year 2024) is $44,234 with $3,379 in property tax.
How does 540 3rd St's assessment compare to its last sale price?
The current assessment is 67.9% below the last sale price of $138,000.
When was 540 3rd St built?
540 3rd St was built in 1911.
How does 540 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 540 3rd St?
540 3rd St is a 3 bed, 2 bath, 1,888 sqft, 7,200 sqft lot single_family.
Is 540 3rd St a flip candidate?
No — 540 3rd St does not appear in our flips dataset.
Is 540 3rd St a tax-appeal candidate?
No — 540 3rd 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$336.7K
2026 Q4
$342.5K
ZIP 61068 — Median Price History + Forecast

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