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228 Avenue B

Rock Falls, IL 61071

1 bd 1 ba 625 sqft Built 1940 Lot 4,922 sqft single_family
Most recent sale
$40,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $40,000 MLS #11469847
Aug 29, 2022 Price changed $49,900 MLS #11469847
Jul 20, 2022 Listed $51,000 MLS #11469847

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $16,974 $2,594 $19,568 $2,146
2023 $15,654 $2,392 $18,046 $1,351
2022 $14,760 $2,255 $17,015 $337
2021 $13,964 $2,133 $16,097 $342
2020 $13,725 $2,097 $15,822 $349
2019 $13,234 $2,022 $15,256 $343
2018 $11,939 $1,977 $13,916 $328
2017 $11,715 $1,940 $13,655 $304
2016 $11,518 $1,907 $13,425 $849
2015 $11,611 $1,922 $13,533 $845
2014 $11,776 $1,949 $13,725 $850
2013 $12,099 $2,002 $14,101 $871
2012 $12,441 $2,059 $14,500 $903
2011 $12,785 $2,116 $14,901 $919
2010 $12,627 $2,130 $14,757 $894
2009 $12,622 $2,129 $14,751 $915
2008 $12,360 $2,085 $14,445 $930
2006 $12,113 $2,043 $14,156 $890

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
625 sqft
Lot size
4,922 sqft
ZIP code
61071
City
Rock Falls
Street
Avenue B
Coordinates
41.78298, -89.68547

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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 228 Avenue B last sell?
228 Avenue B most recently sold on Sep 30, 2022 for $40,000.
What is the current tax assessment for 228 Avenue B?
The most recent total assessment for 228 Avenue B (year 2024) is $19,568 with $2,146 in property tax.
How does 228 Avenue B's assessment compare to its last sale price?
The current assessment is 51.1% below the last sale price of $40,000.
When was 228 Avenue B built?
228 Avenue B was built in 1940.
How does 228 Avenue B compare to others on Avenue B?
We track 8 other properties on Avenue B. Browse the list under "Other properties on Avenue B" to compare beds, baths, and sale history.
What are the property facts for 228 Avenue B?
228 Avenue B is a 1 bed, 1 bath, 625 sqft, 4,922 sqft lot single_family.
Is 228 Avenue B a flip candidate?
No — 228 Avenue B does not appear in our flips dataset.
Is 228 Avenue B a tax-appeal candidate?
No — 228 Avenue B 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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