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512 7th Ave

Rock Falls, IL 61071

2 bd 2 ba 880 sqft Built 1948 Lot 7,100 sqft single_family
Most recent sale
$49,900
Mar 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2025 Sold $107,500 MRED
Jul 15, 2025 Listed $105,000 MRED
Mar 29, 2022 Sold $49,900 MLS #11330392
Feb 22, 2022 Listed $49,900 MLS #11330392
Nov 1, 2020 Listing removed $49,900 MRED
Jun 25, 2020 Price changed $49,900 MLS #10739921
Jun 8, 2020 Listed $52,500 MLS #10739921
Dec 19, 2017 Listing removed $46,900 MRED
Sep 26, 2017 Price changed $46,900 MLS #09663829
Sep 19, 2017 Relisted $49,900 MLS #09663829
Aug 27, 2017 Listing removed $49,900 MRED
Jun 19, 2017 Listed $49,900 MLS #09663829
Feb 14, 2017 Listing removed $47,900 MRED
Aug 15, 2016 Relisted $47,900 MLS #09011937
Aug 14, 2016 Listing removed $47,900 MRED
Aug 14, 2015 Listed $47,900 MLS #09011937
Dec 5, 2014 Listing removed $49,900 SaukValley
Nov 21, 2014 Listing removed $49,900 MRED
Oct 22, 2014 Listed $49,900 MLS #08759090
Aug 11, 2014 Price changed $49,900 MLS #123065
May 21, 2014 Price changed $53,000 MLS #123065
May 19, 2014 Listed $53,500 MLS #123065
Apr 7, 2014 Listing removed $53,500 SaukValley
Oct 28, 2013 Price changed $53,500 MLS #121962
Oct 7, 2013 Listed $56,900 MLS #121962
May 3, 2007 Sold $55,900 Public Record
May 2, 2007 Sold $55,900 MRED
Mar 25, 2007 Listed $55,900 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $18,617 $5,320 $23,937 $2,625
2023 $17,170 $4,906 $22,076 $2,476
2022 $16,189 $4,626 $20,815 $2,406
2021 $15,316 $4,377 $19,693 $2,314
2020 $15,054 $4,302 $19,356 $2,317
2019 $14,515 $4,148 $18,663 $2,194
2018 $14,191 $4,056 $18,247 $2,052
2017 $13,925 $3,980 $17,905 $2,051
2016 $13,691 $3,913 $17,604 $2,013
2015 $13,801 $3,945 $17,746 $1,991
2014 $14,926 $4,001 $18,927 $2,081
2013 $15,335 $4,111 $19,446 $2,090
2012 $15,769 $4,227 $19,996 $2,123
2011 $16,205 $4,344 $20,549 $2,122
2010 $16,311 $4,372 $20,683 $2,111
2009 $16,304 $4,370 $20,674 $2,070
2008 $15,966 $4,279 $20,245 $1,151
2006 $15,647 $4,193 $19,840 $1,092

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
880 sqft
Lot size
7,100 sqft
ZIP code
61071
City
Rock Falls
Street
7th Ave
Coordinates
41.77609, -89.69803

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
$299
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 512 7th Ave last sell?
512 7th Ave most recently sold on Mar 29, 2022 for $49,900.
What is the current tax assessment for 512 7th Ave?
The most recent total assessment for 512 7th Ave (year 2024) is $23,937 with $2,625 in property tax.
How does 512 7th Ave's assessment compare to its last sale price?
The current assessment is 52.0% below the last sale price of $49,900.
When was 512 7th Ave built?
512 7th Ave was built in 1948.
How does 512 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 512 7th Ave?
512 7th Ave is a 2 bed, 2 bath, 880 sqft, 7,100 sqft lot single_family.
Is 512 7th Ave a flip candidate?
No — 512 7th Ave does not appear in our flips dataset.
Is 512 7th Ave a tax-appeal candidate?
No — 512 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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