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305 1st St

Spring Valley, IL 61362

2 bd 1 ba 960 sqft Built 1910 Lot 5,297 sqft single_family
Most recent sale
$28,500
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $28,500 MLS #11438290
Jun 17, 2022 Listed $40,000 MLS #11438290
Mar 11, 2020 Listing removed $49,000 MRED
Dec 27, 2018 Listing removed $55,000 MRED
Dec 26, 2018 Listing removed $55,000 MRED
Jun 27, 2018 Listed $55,000 MLS #10000183
Feb 10, 2018 Listing removed $55,000 MRED
Sep 25, 2017 Price changed $55,000 MLS #09718010
Sep 17, 2017 Relisted $61,000 MLS #09718010
Aug 27, 2017 Listing removed $61,000 MRED
Aug 10, 2017 Listed $61,000 MLS #09718010

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $9,363 $3,701 $13,064 $1,459
2023 $9,363 $3,701 $13,064 $1,356
2022 $8,099 $3,202 $11,301 $1,311
2021 $17,094 $3,022 $20,116 $2,400
2020 $16,411 $2,901 $19,312 $2,304
2019 $16,056 $2,838 $18,894 $951
2018 $15,637 $2,764 $18,401 $893
2012 $16,047 $2,838 $18,885 $13
2011 $16,634 $2,942 $19,576 $13
2010 $16,903 $2,990 $19,893 $13
2009 $17,197 $3,042 $20,239 $13
2008 $17,007 $3,008 $20,015 $56

Property facts

Year built
1910
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
960 sqft
Lot size
5,297 sqft
ZIP code
61362
City
Spring Valley
Street
1st St
Coordinates
41.32845, -89.19607

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
$171
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 1st St last sell?
305 1st St most recently sold on Jul 15, 2022 for $28,500.
What is the current tax assessment for 305 1st St?
The most recent total assessment for 305 1st St (year 2024) is $13,064 with $1,459 in property tax.
How does 305 1st St's assessment compare to its last sale price?
The current assessment is 54.2% below the last sale price of $28,500.
When was 305 1st St built?
305 1st St was built in 1910.
How does 305 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 305 1st St?
305 1st St is a 2 bed, 1 bath, 960 sqft, 5,297 sqft lot single_family.
Is 305 1st St a flip candidate?
No — 305 1st St does not appear in our flips dataset.
Is 305 1st St a tax-appeal candidate?
No — 305 1st St 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
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$171.8K
2026 Q4
$169.4K
ZIP 61362 — Median Price History + Forecast

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