506 2nd St
Rock Falls, IL 61071
3 bd 3 ba 2,348 sqft Lot 30,636 sqft single_family
Most recent sale
$159,900
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $159,900 | MLS #11443364 |
| Jun 22, 2022 | Listed | $159,900 | MLS #11443364 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $37,892 | $9,240 | $47,132 | $4,511 |
| 2023 | $34,946 | $8,522 | $43,468 | $4,202 |
| 2022 | $32,949 | $8,035 | $40,984 | $3,467 |
| 2021 | $31,172 | $7,602 | $38,774 | $3,264 |
| 2020 | $30,639 | $7,472 | $38,111 | $3,246 |
| 2019 | $29,543 | $7,205 | $36,748 | $3,028 |
| 2018 | $28,884 | $7,044 | $35,928 | $2,804 |
| 2017 | $28,343 | $6,912 | $35,255 | $2,779 |
| 2016 | $27,866 | $6,796 | $34,662 | $2,706 |
| 2015 | $28,091 | $6,851 | $34,942 | $2,687 |
| 2014 | $28,490 | $6,948 | $35,438 | $2,688 |
| 2013 | $29,272 | $7,139 | $36,411 | $2,731 |
| 2012 | $30,100 | $7,341 | $37,441 | $2,914 |
| 2011 | $30,932 | $7,544 | $38,476 | $2,941 |
| 2010 | $31,134 | $7,593 | $38,727 | $2,932 |
| 2009 | $31,122 | $7,590 | $38,712 | $3,315 |
| 2008 | $30,476 | $7,432 | $37,908 | $3,264 |
| 2006 | $29,867 | $7,283 | $37,150 | $3,189 |
Property facts
Year built
—
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,348 sqft
Lot size
30,636 sqft
ZIP code
61071
City
Rock Falls
Street
2nd St
Coordinates
41.78496, -89.68309
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
$959
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 2nd St last sell?
506 2nd St most recently sold on Aug 5, 2022 for $159,900.
What is the current tax assessment for 506 2nd St?
The most recent total assessment for 506 2nd St (year 2024) is $47,132 with $4,511 in property tax.
How does 506 2nd St's assessment compare to its last sale price?
The current assessment is 70.5% below the last sale price of $159,900.
When was 506 2nd St built?
The year built for 506 2nd St is not in our records.
How does 506 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 506 2nd St?
506 2nd St is a 3 bed, 3 bath, 2,348 sqft, 30,636 sqft lot single_family.
Is 506 2nd St a flip candidate?
No — 506 2nd St does not appear in our flips dataset.
Is 506 2nd St a tax-appeal candidate?
No — 506 2nd St 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 2nd St