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1240 42nd Ave

Rock Island, IL 61201

5 bd 4 ba 2,722 sqft Built 1938 Lot 38,768 sqft townhomes
Most recent sale
$342,500
Dec 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 8, 2025 Sold $356,000 MRED
Dec 16, 2022 Sold $342,500 Public Record
Dec 14, 2022 Sold $342,500 MRED
Dec 14, 2022 Listing removed $349,900 RMLSAlliance
Oct 18, 2022 Listed $349,900 RMLSAlliance
Jun 21, 2021 Sold $135,500 Public Record
Jun 21, 2021 Listing removed RMLSAlliance
Jun 18, 2019 Listing removed $219,900 RMLSAlliance
Aug 1, 2015 Listing removed $194,900 QUADCITYREALTOR
Jul 31, 2015 Sold $191,500 Public Record
Jul 30, 2015 Sold $191,500 MRED
May 15, 2015 Listed $194,900 QUADCITYREALTOR
Sep 12, 2011 Sold $195,500 Public Record
Sep 9, 2011 Listing removed RMLSAlliance
Sep 9, 2011 Sold $195,500 MRED
Jul 26, 2011 Listing removed $199,900 QUADCITYREALTOR
Apr 25, 2011 Listed $199,900 QUADCITYREALTOR
Apr 25, 2011 Listing removed $219,900 QUADCITYREALTOR
Mar 2, 2011 Listed $219,900 QUADCITYREALTOR
Mar 2, 2011 Listing removed $219,900 QUADCITYREALTOR
Jan 5, 2011 Price changed $219,900 QUADCITYREALTOR
Aug 30, 2010 Listed $239,900 QUADCITYREALTOR
May 2, 2005 Sold $199,500 Public Record
Apr 30, 2005 Sold $199,500 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $58,196 $23,402 $81,598 $7,608
2022 $55,190 $22,193 $77,383 $7,301
2021 $52,412 $21,076 $73,488 $7,123
2020 $50,984 $20,502 $71,486 $6,957
2019 $50,479 $20,299 $70,778 $6,876
2018 $47,076 $18,930 $66,006 $6,246
2017 $46,610 $18,743 $65,353 $6,067
2016 $45,966 $18,484 $64,450 $5,877
2015 $45,511 $18,301 $63,812 $5,865
2014 $45,511 $18,301 $63,812 $5,648
2013 $45,855 $18,439 $64,294 $5,679
2012 $59,223 $18,689 $77,912 $6,865
2011 $60,742 $19,168 $79,910 $6,931
2010 $60,742 $19,168 $79,910 $6,910
2009 $60,410 $19,063 $79,473 $6,810
2008 $59,812 $18,874 $78,686 $6,754
2007 $58,639 $18,504 $77,143 $6,595
2006 $54,221 $17,110 $71,331 $6,082

Property facts

Year built
1938
Property type
townhomes
Stories
2
Beds
5
Baths
4
Living area
2,722 sqft
Lot size
38,768 sqft
ZIP code
61201
City
Rock Island
Street
42nd Ave
Coordinates
41.46935, -90.58151

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,055
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1240 42nd Ave last sell?
1240 42nd Ave most recently sold on Dec 16, 2022 for $342,500.
What is the current tax assessment for 1240 42nd Ave?
The most recent total assessment for 1240 42nd Ave (year 2024) is $81,598 with $7,608 in property tax.
How does 1240 42nd Ave's assessment compare to its last sale price?
The current assessment is 76.2% below the last sale price of $342,500.
When was 1240 42nd Ave built?
1240 42nd Ave was built in 1938.
How does 1240 42nd Ave compare to others on 42nd Ave?
We track 8 other properties on 42nd Ave. Browse the list under "Other properties on 42nd Ave" to compare beds, baths, and sale history.
What are the property facts for 1240 42nd Ave?
1240 42nd Ave is a 5 bed, 4 bath, 2,722 sqft, 38,768 sqft lot townhomes.
Is 1240 42nd Ave a flip candidate?
Yes — 1240 42nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1240 42nd Ave a tax-appeal candidate?
No — 1240 42nd 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
+2.6%
Implied 1-yr
+10.2%
2026 Q3
$156.8K
2026 Q4
$160.2K
ZIP 61201 — Median Price History + Forecast

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