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407 Oak St

Spring Valley, IL 61362

3 bd 4 ba 2,339 sqft Built 1976 Lot 27,878 sqft single_family
Most recent sale
$282,000
Aug 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 26, 2022 Sold $282,000 MLS #11466057
Jul 15, 2022 Listed $274,999 MLS #11466057

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $93,461 $6,780 $100,241 $10,530
2023 $93,461 $6,780 $100,241 $9,745
2022 $71,319 $5,865 $77,184 $8,959
2021 $67,320 $5,536 $72,856 $7,380
2020 $64,631 $5,315 $69,946 $7,033
2019 $63,234 $5,200 $68,434 $6,922
2018 $61,584 $5,064 $66,648 $6,716
2017 $60,311 $4,959 $65,270 $6,589
2016 $59,838 $4,920 $64,758 $6,652
2015 $59,404 $4,884 $64,288 $6,339
2014 $60,047 $4,937 $64,984 $6,146
2013 $62,693 $5,154 $67,847 $6,127
2012 $63,199 $5,196 $68,395 $5,566
2011 $65,512 $5,386 $70,898 $5,736
2010 $66,570 $5,473 $72,043 $6,129
2009 $67,728 $5,568 $73,296 $6,016
2008 $66,978 $5,506 $72,484 $5,265

Property facts

Year built
1976
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,339 sqft
Lot size
27,878 sqft
ZIP code
61362
City
Spring Valley
Street
Oak St
Coordinates
41.32188, -89.17797

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
$1,692
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Oak St last sell?
407 Oak St most recently sold on Aug 26, 2022 for $282,000.
What is the current tax assessment for 407 Oak St?
The most recent total assessment for 407 Oak St (year 2024) is $100,241 with $10,530 in property tax.
How does 407 Oak St's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $282,000.
When was 407 Oak St built?
407 Oak St was built in 1976.
How does 407 Oak St compare to others on Oak St?
We track 8 other properties on Oak St. Browse the list under "Other properties on Oak St" to compare beds, baths, and sale history.
What are the property facts for 407 Oak St?
407 Oak St is a 3 bed, 4 bath, 2,339 sqft, 27,878 sqft lot single_family.
Is 407 Oak St a flip candidate?
No — 407 Oak St does not appear in our flips dataset.
Is 407 Oak St a tax-appeal candidate?
No — 407 Oak 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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