1507 1st Ave
Rock Falls, IL 61071
2 bd 1 ba 736 sqft Built 1952 Lot 15,682 sqft single_family
Most recent sale
$50,000
Aug 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 2, 2022 | Sold | $50,000 | MLS #11465467 |
| Jul 15, 2022 | Listed | $56,500 | MLS #11465467 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $10,937 | $11,419 | $22,356 | $1,574 |
| 2023 | $10,087 | $10,531 | $20,618 | $1,415 |
| 2022 | $9,011 | $9,929 | $18,940 | $918 |
| 2021 | $8,525 | $9,394 | $17,919 | $589 |
| 2020 | $8,379 | $9,233 | $17,612 | $601 |
| 2019 | $8,079 | $8,903 | $16,982 | $590 |
| 2018 | $7,899 | $8,705 | $16,604 | $565 |
| 2017 | $7,751 | $8,542 | $16,293 | $575 |
| 2016 | $7,621 | $8,398 | $16,019 | $574 |
| 2015 | $7,682 | $8,466 | $16,148 | $578 |
| 2014 | $7,791 | $8,586 | $16,377 | $591 |
| 2013 | $8,005 | $8,822 | $16,827 | $626 |
| 2012 | $8,231 | $9,071 | $17,302 | $775 |
| 2011 | $8,459 | $9,322 | $17,781 | $804 |
| 2010 | $8,514 | $9,383 | $17,897 | $767 |
| 2009 | $8,511 | $9,379 | $17,890 | $820 |
| 2008 | $1,188 | $16,329 | $17,517 | $1,743 |
| 2006 | $1,164 | $16,003 | $17,167 | $1,715 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
736 sqft
Lot size
15,682 sqft
ZIP code
61071
City
Rock Falls
Street
1st Ave
Coordinates
41.76697, -89.68875
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1507 1st Ave last sell?
1507 1st Ave most recently sold on Aug 2, 2022 for $50,000.
What is the current tax assessment for 1507 1st Ave?
The most recent total assessment for 1507 1st Ave (year 2024) is $22,356 with $1,574 in property tax.
How does 1507 1st Ave's assessment compare to its last sale price?
The current assessment is 55.3% below the last sale price of $50,000.
When was 1507 1st Ave built?
1507 1st Ave was built in 1952.
How does 1507 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 1507 1st Ave?
1507 1st Ave is a 2 bed, 1 bath, 736 sqft, 15,682 sqft lot single_family.
Is 1507 1st Ave a flip candidate?
No — 1507 1st Ave does not appear in our flips dataset.
Is 1507 1st Ave a tax-appeal candidate?
No — 1507 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.2%
2026 Q3
$189.8K
2026 Q4
$193.9K
ZIP 61071 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave