1507 7th Ave
Rock Falls, IL 61071
2 bd 1 ba 770 sqft Built 1952 Lot 7,440 sqft single_family
Most recent sale
$49,900
Oct 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 26, 2022 | Sold | $49,900 | MLS #11638338 |
| Oct 10, 2022 | Price changed | $49,900 | MLS #11638338 |
| Sep 26, 2022 | Listed | $59,900 | MLS #11638338 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $18,083 | $3,097 | $21,180 | $2,323 |
| 2023 | $16,677 | $2,856 | $19,533 | $2,191 |
| 2022 | $15,424 | $2,693 | $18,117 | $1,401 |
| 2021 | $14,592 | $2,548 | $17,140 | $1,309 |
| 2020 | $14,342 | $2,504 | $16,846 | $1,299 |
| 2019 | $13,829 | $2,414 | $16,243 | $1,204 |
| 2018 | $13,521 | $2,360 | $15,881 | $1,112 |
| 2017 | $13,268 | $2,316 | $15,584 | $1,098 |
| 2016 | $13,045 | $2,277 | $15,322 | $1,066 |
| 2015 | $13,150 | $2,295 | $15,445 | $1,060 |
| 2014 | $11,621 | $2,328 | $13,949 | $1,534 |
| 2013 | $11,940 | $2,392 | $14,332 | $1,540 |
| 2012 | $14,296 | $2,460 | $16,756 | $1,142 |
| 2011 | $14,691 | $2,528 | $17,219 | $1,159 |
| 2010 | $13,852 | $2,545 | $16,397 | $1,061 |
| 2009 | $13,846 | $2,544 | $16,390 | $1,079 |
| 2008 | $13,559 | $2,491 | $16,050 | $1,089 |
| 2006 | $13,288 | $2,441 | $15,729 | $941 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
770 sqft
Lot size
7,440 sqft
ZIP code
61071
City
Rock Falls
Street
7th Ave
Coordinates
41.76681, -89.69683
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
$299
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value
—
Frequently asked questions
When did 1507 7th Ave last sell?
1507 7th Ave most recently sold on Oct 26, 2022 for $49,900.
What is the current tax assessment for 1507 7th Ave?
The most recent total assessment for 1507 7th Ave (year 2024) is $21,180 with $2,323 in property tax.
How does 1507 7th Ave's assessment compare to its last sale price?
The current assessment is 57.6% below the last sale price of $49,900.
When was 1507 7th Ave built?
1507 7th Ave was built in 1952.
How does 1507 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 1507 7th Ave?
1507 7th Ave is a 2 bed, 1 bath, 770 sqft, 7,440 sqft lot single_family.
Is 1507 7th Ave a flip candidate?
No — 1507 7th Ave does not appear in our flips dataset.
Is 1507 7th Ave a tax-appeal candidate?
No — 1507 7th 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 7th Ave