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510 Erie St

Spring Valley, IL 61362

3 bd 1 ba 1,236 sqft Built 1906 Lot 6,530 sqft single_family
Most recent sale
$54,500
Feb 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2022 Sold $54,500 MLS #11251123
Dec 1, 2021 Price changed $55,900 MLS #11251123
Oct 20, 2021 Listed $58,900 MLS #11251123

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $19,544 $2,502 $22,046 $2,463
2023 $19,544 $2,502 $22,046 $2,289
2022 $16,905 $2,164 $19,069 $936
2021 $17,981 $2,043 $20,024 $733
2020 $17,263 $1,961 $19,224 $734
2019 $16,890 $1,919 $18,809 $741
2018 $16,449 $1,869 $18,318 $742
2017 $16,109 $1,830 $17,939 $747
2016 $15,983 $1,816 $17,799 $761
2015 $15,867 $1,803 $17,670 $732
2014 $16,039 $1,823 $17,862 $700
2013 $16,746 $1,903 $18,649 $663
2012 $16,881 $1,918 $18,799 $682
2011 $17,499 $1,988 $19,487 $673
2010 $17,782 $2,020 $19,802 $664
2009 $18,091 $2,055 $20,146 $639
2008 $17,891 $2,032 $19,923 $674

Property facts

Year built
1906
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,236 sqft
Lot size
6,530 sqft
ZIP code
61362
City
Spring Valley
Street
Erie St
Coordinates
41.32602, -89.19248

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
$327
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 510 Erie St last sell?
510 Erie St most recently sold on Feb 7, 2022 for $54,500.
What is the current tax assessment for 510 Erie St?
The most recent total assessment for 510 Erie St (year 2024) is $22,046 with $2,463 in property tax.
How does 510 Erie St's assessment compare to its last sale price?
The current assessment is 59.5% below the last sale price of $54,500.
When was 510 Erie St built?
510 Erie St was built in 1906.
How does 510 Erie St compare to others on Erie St?
We track 8 other properties on Erie St. Browse the list under "Other properties on Erie St" to compare beds, baths, and sale history.
What are the property facts for 510 Erie St?
510 Erie St is a 3 bed, 1 bath, 1,236 sqft, 6,530 sqft lot single_family.
Is 510 Erie St a flip candidate?
No — 510 Erie St does not appear in our flips dataset.
Is 510 Erie St a tax-appeal candidate?
No — 510 Erie 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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