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228 2nd Pl

Spring Valley, IL 61362

2 bd 1 ba 686 sqft Built 1905 Lot 5,123 sqft single_family
Most recent sale
$62,000
Nov 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2021 Sold $62,000 MLS #11232878

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $21,235 $3,260 $24,495 $2,066
2023 $21,235 $3,260 $24,495 $1,879
2022 $18,368 $2,820 $21,188 $1,762
2021 $14,678 $2,662 $17,340 $2,068
2020 $14,092 $2,556 $16,648 $1,270
2019 $13,787 $2,501 $16,288 $1,239
2018 $13,427 $2,436 $15,863 $1,190
2017 $13,150 $2,386 $15,536 $1,157
2016 $13,047 $2,367 $15,414 $1,164
2015 $12,952 $2,350 $15,302 $1,820
2014 $13,092 $2,375 $15,467 $1,077
2013 $13,669 $2,480 $16,149 $1,093
2012 $13,779 $2,500 $16,279 $979
2011 $14,283 $2,591 $16,874 $1,024
2010 $14,514 $2,633 $17,147 $1,034
2008 $14,602 $2,649 $17,251 $1,035

Property facts

Year built
1905
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
686 sqft
Lot size
5,123 sqft
ZIP code
61362
City
Spring Valley
Street
2nd Pl
Coordinates
41.32991, -89.20307

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$372
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 228 2nd Pl last sell?
228 2nd Pl most recently sold on Nov 29, 2021 for $62,000.
What is the current tax assessment for 228 2nd Pl?
The most recent total assessment for 228 2nd Pl (year 2024) is $24,495 with $2,066 in property tax.
How does 228 2nd Pl's assessment compare to its last sale price?
The current assessment is 60.5% below the last sale price of $62,000.
When was 228 2nd Pl built?
228 2nd Pl was built in 1905.
How does 228 2nd Pl compare to others on 2nd Pl?
We track 3 other properties on 2nd Pl. Browse the list under "Other properties on 2nd Pl" to compare beds, baths, and sale history.
What are the property facts for 228 2nd Pl?
228 2nd Pl is a 2 bed, 1 bath, 686 sqft, 5,123 sqft lot single_family.
Is 228 2nd Pl a flip candidate?
No — 228 2nd Pl does not appear in our flips dataset.
Is 228 2nd Pl a tax-appeal candidate?
No — 228 2nd Pl 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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