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216 3rd Ave

Rock Falls, IL 61071

2 bd 1 ba 922 sqft Built 1950 Lot 8,250 sqft single_family
Most recent sale
$51,500
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 28, 2025 Listed for rent $1,100 RentalBeast
Jan 18, 2023 Listed for rent $1,100 Zumper
Aug 12, 2022 Sold $51,500 MLS #11362163
Jun 18, 2022 Price changed $59,000 MLS #11362163
May 12, 2022 Price changed $61,900 MLS #11362163
Mar 31, 2022 Listed $64,900 MLS #11362163
Jun 28, 2016 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $12,765 $5,847 $18,612 $2,041
2023 $11,773 $5,392 $17,165 $1,925
2022 $20,811 $5,084 $25,895 $2,300
2021 $19,689 $4,810 $24,499 $2,174
2020 $19,352 $4,728 $24,080 $2,165
2019 $18,660 $4,559 $23,219 $2,024
2018 $18,244 $4,457 $22,701 $1,878
2017 $17,902 $4,373 $22,275 $1,864
2016 $17,601 $4,299 $21,900 $1,246
2015 $17,743 $4,334 $22,077 $174
2014 $17,995 $4,396 $22,391 $170
2013 $18,489 $4,517 $23,006 $166
2012 $19,012 $4,645 $23,657 $271
2011 $19,538 $4,773 $24,311 $263
2010 $19,666 $4,804 $24,470 $260
2009 $19,658 $4,802 $24,460 $312
2008 $19,250 $4,702 $23,952 $411
2006 $18,865 $4,608 $23,473 $424

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
922 sqft
Lot size
8,250 sqft
ZIP code
61071
City
Rock Falls
Street
3rd Ave
Coordinates
41.77989, -89.69326

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
$309
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 216 3rd Ave last sell?
216 3rd Ave most recently sold on Aug 12, 2022 for $51,500.
What is the current tax assessment for 216 3rd Ave?
The most recent total assessment for 216 3rd Ave (year 2024) is $18,612 with $2,041 in property tax.
How does 216 3rd Ave's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $51,500.
When was 216 3rd Ave built?
216 3rd Ave was built in 1950.
How does 216 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 216 3rd Ave?
216 3rd Ave is a 2 bed, 1 bath, 922 sqft, 8,250 sqft lot single_family.
Is 216 3rd Ave a flip candidate?
No — 216 3rd Ave does not appear in our flips dataset.
Is 216 3rd Ave a tax-appeal candidate?
No — 216 3rd Ave 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
+2.5%
Implied 1-yr
+10.2%
2026 Q3
$189.8K
2026 Q4
$193.9K
ZIP 61071 — Median Price History + Forecast

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