1506 2nd Ave
Sterling, IL 61081
3 bd 1 ba 1,450 sqft Built 1920 Lot 7,405 sqft single_family
Most recent sale
$81,000
Feb 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 1, 2022 | Sold | $81,000 | Public Record |
| Jan 28, 2022 | Sold | $81,000 | MLS #11278339 |
| Nov 30, 2021 | Listed | $79,900 | MLS #11278339 |
| Jun 15, 2011 | Sold | $50,666 | Public Record |
| May 13, 2008 | Sold | $72,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $28,392 | $3,482 | $31,874 | $2,697 |
| 2023 | $26,652 | $3,269 | $29,921 | $2,507 |
| 2022 | $25,499 | $3,128 | $28,627 | $3,058 |
| 2021 | $22,237 | $2,950 | $25,187 | $2,753 |
| 2020 | $21,458 | $2,847 | $24,305 | $2,677 |
| 2019 | $21,068 | $2,795 | $23,863 | $2,660 |
| 2018 | $21,102 | $2,799 | $23,901 | $2,632 |
| 2017 | $20,957 | $2,780 | $23,737 | $2,637 |
| 2016 | $20,282 | $2,690 | $22,972 | $2,570 |
| 2015 | $20,244 | $2,685 | $22,929 | $2,572 |
| 2014 | $20,376 | $2,703 | $23,079 | $2,452 |
| 2013 | $20,839 | $2,764 | $23,603 | $2,457 |
| 2012 | $21,212 | $2,814 | $24,026 | $2,407 |
| 2011 | $21,402 | $2,839 | $24,241 | $1,791 |
| 2010 | $21,743 | $2,884 | $24,627 | $1,822 |
| 2009 | $19,861 | $2,833 | $22,694 | $1,608 |
| 2008 | $19,622 | $2,799 | $22,421 | $1,578 |
| 2006 | $18,944 | $2,702 | $21,646 | $1,538 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,450 sqft
Lot size
7,405 sqft
ZIP code
61081
City
Sterling
Street
2nd Ave
Coordinates
41.80056, -89.69509
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$486
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1506 2nd Ave last sell?
1506 2nd Ave most recently sold on Feb 1, 2022 for $81,000.
What is the current tax assessment for 1506 2nd Ave?
The most recent total assessment for 1506 2nd Ave (year 2024) is $31,874 with $2,697 in property tax.
How does 1506 2nd Ave's assessment compare to its last sale price?
The current assessment is 60.6% below the last sale price of $81,000.
When was 1506 2nd Ave built?
1506 2nd Ave was built in 1920.
How does 1506 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 1506 2nd Ave?
1506 2nd Ave is a 3 bed, 1 bath, 1,450 sqft, 7,405 sqft lot single_family.
Is 1506 2nd Ave a flip candidate?
No — 1506 2nd Ave does not appear in our flips dataset.
Is 1506 2nd Ave a tax-appeal candidate?
No — 1506 2nd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.6%
2026 Q3
$152.5K
2026 Q4
$150.2K
ZIP 61081 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd Ave