503 5th St
Rock Falls, IL 61071
2 bd 1 ba 743 sqft Built 1923 Lot 4,356 sqft single_family
Most recent sale
$50,000
Aug 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2026 | Listed for rent | $925 | RentalBeast |
| Dec 8, 2024 | Listed for rent | $875 | RentalBeast |
| Aug 29, 2022 | Sold | $50,000 | MLS #11388863 |
| Jun 27, 2022 | Price changed | $55,000 | MLS #11388863 |
| Jun 13, 2022 | Price changed | $57,500 | MLS #11388863 |
| Apr 29, 2022 | Listed | $60,000 | MLS #11388863 |
| Sep 18, 2020 | Sold | $48,000 | MLS #10767645 |
| Aug 12, 2020 | Price changed | $54,900 | MLS #10767645 |
| Jul 2, 2020 | Listed | $57,000 | MLS #10767645 |
| Nov 19, 2018 | Sold | $38,000 | MLS #10039150 |
| Oct 5, 2018 | Price changed | $39,900 | MLS #10039150 |
| Aug 28, 2018 | Price changed | $49,900 | MLS #10039150 |
| Aug 2, 2018 | Listed | $52,500 | MLS #10039150 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $15,875 | $2,195 | $18,070 | $1,982 |
| 2023 | $14,641 | $2,024 | $16,665 | $1,869 |
| 2022 | $21,228 | $1,908 | $23,136 | $1,981 |
| 2021 | $20,083 | $1,805 | $21,888 | $1,867 |
| 2020 | $19,740 | $1,774 | $21,514 | $1,857 |
| 2019 | $19,034 | $1,711 | $20,745 | $1,734 |
| 2018 | $18,610 | $1,673 | $20,283 | $2,282 |
| 2017 | $18,261 | $1,642 | $19,903 | $2,281 |
| 2016 | $17,954 | $1,614 | $19,568 | $2,238 |
| 2015 | $18,099 | $1,627 | $19,726 | $1,540 |
| 2014 | $18,356 | $1,650 | $20,006 | $1,540 |
| 2013 | $18,860 | $1,695 | $20,555 | $1,564 |
| 2012 | $19,393 | $1,743 | $21,136 | $1,607 |
| 2011 | $19,929 | $1,791 | $21,720 | $1,624 |
| 2010 | $20,059 | $1,803 | $21,862 | $1,619 |
| 2009 | $20,051 | $1,802 | $21,853 | $1,626 |
| 2008 | $19,635 | $1,765 | $21,400 | $1,622 |
| 2006 | $19,242 | $1,730 | $20,972 | $1,538 |
Property facts
Year built
1923
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
743 sqft
Lot size
4,356 sqft
ZIP code
61071
City
Rock Falls
Street
5th St
Coordinates
41.77897, -89.68382
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 503 5th St last sell?
503 5th St most recently sold on Aug 29, 2022 for $50,000.
What is the current tax assessment for 503 5th St?
The most recent total assessment for 503 5th St (year 2024) is $18,070 with $1,982 in property tax.
How does 503 5th St's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $50,000.
When was 503 5th St built?
503 5th St was built in 1923.
How does 503 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 503 5th St?
503 5th St is a 2 bed, 1 bath, 743 sqft, 4,356 sqft lot single_family.
Is 503 5th St a flip candidate?
Yes — 503 5th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 503 5th St a tax-appeal candidate?
No — 503 5th 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 5th St