508 4th St
Rock Falls, IL 61071
3 bd 1 ba 1,566 sqft Built 1920 Lot 7,500 sqft single_family
Most recent sale
$18,000
May 21, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 8, 2024 | Listed | $45,000 | RMLSAlliance |
| May 21, 2021 | Sold | $18,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $14,858 | $5,101 | $19,959 | $2,189 |
| 2023 | $13,703 | $4,704 | $18,407 | $1,167 |
| 2022 | $12,920 | $4,435 | $17,355 | $1,313 |
| 2021 | $12,223 | $4,196 | $16,419 | $636 |
| 2020 | $12,014 | $4,124 | $16,138 | $615 |
| 2008 | $13,746 | $4,100 | $17,846 | $86 |
| 2006 | $13,471 | $4,018 | $17,489 | $89 |
| 2005 | — | — | $126,730 | — |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,566 sqft
Lot size
7,500 sqft
ZIP code
61071
City
Rock Falls
Street
4th St
Coordinates
41.77817, -89.69522
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
$108
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 4th St last sell?
508 4th St most recently sold on May 21, 2021 for $18,000.
What is the current tax assessment for 508 4th St?
The most recent total assessment for 508 4th St (year 2024) is $19,959 with $2,189 in property tax.
How does 508 4th St's assessment compare to its last sale price?
The current assessment is 10.9% above the last sale price of $18,000.
When was 508 4th St built?
508 4th St was built in 1920.
How does 508 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 508 4th St?
508 4th St is a 3 bed, 1 bath, 1,566 sqft, 7,500 sqft lot single_family.
Is 508 4th St a flip candidate?
No — 508 4th St does not appear in our flips dataset.
Is 508 4th St a tax-appeal candidate?
No — 508 4th 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 4th St