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305 Ridge Rd

Rochelle, IL 61068

3 bd 3 ba 1,880 sqft Built 1965 Lot 8,170 sqft single_family
Most recent sale
$231,750
Jan 12, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 12, 2023 Sold $231,750 MRED
Oct 28, 2022 Price changed $244,900 MRED
Oct 4, 2022 Listed $250,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $65,287 $10,161 $75,448 $6,126
2022 $51,793 $9,049 $60,842 $4,642
2021 $47,846 $8,359 $56,205 $4,333
2020 $45,568 $7,961 $53,529 $4,119
2019 $44,784 $7,824 $52,608 $4,024
2018 $43,906 $7,671 $51,577 $3,906
2017 $43,906 $7,671 $51,577 $3,852
2016 $42,702 $7,461 $50,163 $3,792
2015 $41,988 $7,336 $49,324 $3,719
2014 $41,988 $7,336 $49,324 $3,668
2013 $44,017 $7,691 $51,708 $3,850
2012 $46,842 $8,184 $55,026 $4,164
2011 $48,546 $8,482 $57,028 $4,224
2010 $49,919 $8,722 $58,641 $4,429
2009 $51,623 $9,020 $60,643 $4,587
2007 $51,623 $9,020 $60,643 $4,272
2006 $48,896 $7,910 $56,806 $4,252

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,880 sqft
Lot size
8,170 sqft
ZIP code
61068
City
Rochelle
Street
Ridge Rd
Coordinates
41.93715, -89.06132

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
$1,391
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 Ridge Rd last sell?
305 Ridge Rd most recently sold on Jan 12, 2023 for $231,750.
What is the current tax assessment for 305 Ridge Rd?
The most recent total assessment for 305 Ridge Rd (year 2024) is $75,448 with $6,126 in property tax.
How does 305 Ridge Rd's assessment compare to its last sale price?
The current assessment is 67.4% below the last sale price of $231,750.
When was 305 Ridge Rd built?
305 Ridge Rd was built in 1965.
How does 305 Ridge Rd compare to others on Ridge Rd?
We track 1 other property on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 305 Ridge Rd?
305 Ridge Rd is a 3 bed, 3 bath, 1,880 sqft, 8,170 sqft lot single_family.
Is 305 Ridge Rd a flip candidate?
No — 305 Ridge Rd does not appear in our flips dataset.
Is 305 Ridge Rd a tax-appeal candidate?
No — 305 Ridge Rd 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

Explore nearby

Other properties on Ridge Rd