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405 2nd St

Spring Valley, IL 61362

3 bd 1 ba 1,245 sqft Built 1910 single_family
Most recent sale
$100,000
Apr 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2024 Sold $100,000 MRED
Jan 26, 2024 Listed $85,000 MRED
Dec 9, 2016 Sold $100,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $17,331 $8,336 $25,667 $2,868
2023 $17,331 $8,336 $25,667 $3,053
2022 $18,223 $7,211 $25,434 $2,952
2021 $17,201 $6,807 $24,008 $2,864
2020 $16,514 $6,535 $23,049 $2,749
2019 $16,157 $6,394 $22,551 $2,717
2018 $15,735 $6,227 $21,962 $2,650
2017 $15,410 $6,098 $21,508 $2,611
2016 $15,289 $6,050 $21,339 $571
2015 $15,178 $6,006 $21,184 $549
2014 $15,342 $6,071 $21,413 $525
2013 $16,018 $6,339 $22,357 $497
2012 $16,147 $6,390 $22,537 $535
2011 $16,738 $6,624 $23,362 $529
2010 $17,008 $6,731 $23,739 $521
2008 $17,112 $6,772 $23,884 $539

Property facts

Year built
1910
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,245 sqft
Lot size
ZIP code
61362
City
Spring Valley
Street
2nd St
Coordinates
41.32935, -89.19485

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 2nd St last sell?
405 2nd St most recently sold on Apr 5, 2024 for $100,000.
What is the current tax assessment for 405 2nd St?
The most recent total assessment for 405 2nd St (year 2024) is $25,667 with $2,868 in property tax.
How does 405 2nd St's assessment compare to its last sale price?
The current assessment is 74.3% below the last sale price of $100,000.
When was 405 2nd St built?
405 2nd St was built in 1910.
How does 405 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 405 2nd St?
405 2nd St is a 3 bed, 1 bath, 1,245 sqft single_family.
Is 405 2nd St a flip candidate?
No — 405 2nd St does not appear in our flips dataset.
Is 405 2nd St a tax-appeal candidate?
No — 405 2nd 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
+4.8%
Implied 1-yr
+19.2%
2026 Q3
$174.2K
2026 Q4
$180.6K
ZIP 61362 — Median Price History + Forecast

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