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307 7th Ave

Rock Falls, IL 61071

2 bd 2 ba 978 sqft Built 1936 Lot 7,008 sqft single_family
Most recent sale
$60,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $60,000 Public Record
Jul 22, 2022 Sold $60,000 MLS #11398989
Jun 2, 2022 Price changed $64,900 MLS #11398989
May 18, 2022 Price changed $69,900 MLS #11398989
May 10, 2022 Listed $74,900 MLS #11398989

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $21,544 $5,428 $26,972 $2,300
2023 $19,869 $5,006 $24,875 $2,117
2022 $18,234 $4,720 $22,954 $2,654
2021 $17,251 $4,465 $21,716 $2,552
2020 $16,956 $4,389 $21,345 $2,556
2019 $16,349 $4,232 $20,581 $2,420
2018 $15,985 $4,138 $20,123 $2,263
2017 $15,685 $4,060 $19,745 $2,262
2016 $15,421 $3,992 $19,413 $2,220
2015 $15,545 $4,024 $19,569 $2,196
2014 $15,766 $4,081 $19,847 $2,182
2013 $16,199 $4,193 $20,392 $2,191
2012 $16,657 $4,312 $20,969 $2,226
2011 $17,117 $4,431 $21,548 $2,225
2010 $17,229 $4,460 $21,689 $1,601
2009 $17,222 $4,458 $21,680 $1,608
2008 $16,864 $4,365 $21,229 $1,604

Property facts

Year built
1936
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
978 sqft
Lot size
7,008 sqft
ZIP code
61071
City
Rock Falls
Street
7th Ave
Coordinates
41.77801, -89.69724

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 307 7th Ave last sell?
307 7th Ave most recently sold on Jul 27, 2022 for $60,000.
What is the current tax assessment for 307 7th Ave?
The most recent total assessment for 307 7th Ave (year 2024) is $26,972 with $2,300 in property tax.
How does 307 7th Ave's assessment compare to its last sale price?
The current assessment is 55.0% below the last sale price of $60,000.
When was 307 7th Ave built?
307 7th Ave was built in 1936.
How does 307 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 307 7th Ave?
307 7th Ave is a 2 bed, 2 bath, 978 sqft, 7,008 sqft lot single_family.
Is 307 7th Ave a flip candidate?
No — 307 7th Ave does not appear in our flips dataset.
Is 307 7th Ave a tax-appeal candidate?
No — 307 7th 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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