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1503 3rd Ave

Sterling, IL 61081

4 bd 3 ba 1,502 sqft Built 1900 Lot 7,500 sqft single_family
Most recent sale
$140,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $140,000 MLS #11349938
Mar 17, 2022 Listed $145,900 MLS #11349938
Feb 5, 2019 Sold $25,000 MLS #09894244
Jan 23, 2019 Relisted $42,500 MLS #09894244
Jan 22, 2019 Listing removed $42,500 MRED
Jan 21, 2019 Relisted $42,500 MLS #09894244
Jan 10, 2019 Listing removed $42,500 MRED
Mar 23, 2018 Listed $42,500 MLS #09894244

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $38,942 $3,482 $42,424 $3,589
2023 $36,555 $3,269 $39,824 $3,336
2022 $23,413 $3,128 $26,541 $2,835
2021 $10,721 $2,950 $13,671 $1,494
2020 $10,345 $2,847 $13,192 $1,453
2019 $5,538 $2,795 $8,333 $929
2018 $20,450 $2,799 $23,249 $2,560
2017 $20,310 $2,780 $23,090 $2,564
2016 $19,655 $2,690 $22,345 $2,499
2015 $19,618 $2,685 $22,303 $2,501
2014 $19,746 $2,703 $22,449 $2,385
2013 $20,194 $2,764 $22,958 $2,390
2012 $20,556 $2,814 $23,370 $2,340
2011 $20,741 $2,839 $23,580 $2,315
2010 $21,072 $2,884 $23,956 $2,342
2009 $20,701 $2,833 $23,534 $2,209
2008 $20,451 $2,799 $23,250 $2,127
2006 $19,744 $2,702 $22,446 $2,079

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,502 sqft
Lot size
7,500 sqft
ZIP code
61081
City
Sterling
Street
3rd Ave
Coordinates
41.80042, -89.69448

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
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1503 3rd Ave last sell?
1503 3rd Ave most recently sold on May 27, 2022 for $140,000.
What is the current tax assessment for 1503 3rd Ave?
The most recent total assessment for 1503 3rd Ave (year 2024) is $42,424 with $3,589 in property tax.
How does 1503 3rd Ave's assessment compare to its last sale price?
The current assessment is 69.7% below the last sale price of $140,000.
When was 1503 3rd Ave built?
1503 3rd Ave was built in 1900.
How does 1503 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 1503 3rd Ave?
1503 3rd Ave is a 4 bed, 3 bath, 1,502 sqft, 7,500 sqft lot single_family.
Is 1503 3rd Ave a flip candidate?
No — 1503 3rd Ave does not appear in our flips dataset.
Is 1503 3rd Ave a tax-appeal candidate?
No — 1503 3rd Ave 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
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$196.6K
2026 Q4
$194.2K
ZIP 61081 — Median Price History + Forecast

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