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308 7th Ave

Sterling, IL 61081

2 bd 2 ba 1,337 sqft Built 1900 Lot 5,227 sqft single_family
Most recent sale
$108,500
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 4, 2024 Sold $117,500 NorthWestILAlliance
Aug 26, 2024 Listed $119,900 MRED
Jul 22, 2022 Sold $108,500 MLS #11386764
Jun 13, 2022 Price changed $109,900 MLS #11386764
Jun 3, 2022 Price changed $114,900 MLS #11386764
May 23, 2022 Price changed $119,900 MLS #11386764
Apr 27, 2022 Listed $124,900 MLS #11386764

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $36,415 $3,850 $40,265 $4,198
2023 $34,183 $3,614 $37,797 $3,962
2022 $25,306 $3,458 $28,764 $3,073
2021 $19,308 $3,261 $22,569 $2,467
2020 $18,632 $3,147 $21,779 $2,399
2019 $18,294 $3,090 $21,384 $2,384
2018 $18,323 $3,095 $21,418 $2,358
2017 $18,197 $3,074 $21,271 $2,363
2016 $17,611 $2,975 $20,586 $1,632
2015 $17,578 $2,969 $20,547 $1,632
2014 $17,693 $2,988 $20,681 $1,560
2013 $18,095 $3,056 $21,151 $1,577
2012 $18,419 $3,111 $21,530 $1,556
2011 $18,584 $3,139 $21,723 $1,544
2010 $18,880 $3,189 $22,069 $1,571
2009 $18,548 $3,133 $21,681 $1,513
2008 $18,324 $3,095 $21,419 $1,486
2006 $17,691 $2,988 $20,679 $1,449

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,337 sqft
Lot size
5,227 sqft
ZIP code
61081
City
Sterling
Street
7th Ave
Coordinates
41.79118, -89.68611

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
$651
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 308 7th Ave last sell?
308 7th Ave most recently sold on Jul 22, 2022 for $108,500.
What is the current tax assessment for 308 7th Ave?
The most recent total assessment for 308 7th Ave (year 2024) is $40,265 with $4,198 in property tax.
How does 308 7th Ave's assessment compare to its last sale price?
The current assessment is 62.9% below the last sale price of $108,500.
When was 308 7th Ave built?
308 7th Ave was built in 1900.
How does 308 7th Ave compare to others on 7th Ave?
We track 8 other properties on 7th Ave. Browse the list under "Other properties on 7th Ave" to compare beds, baths, and sale history.
What are the property facts for 308 7th Ave?
308 7th Ave is a 2 bed, 2 bath, 1,337 sqft, 5,227 sqft lot single_family.
Is 308 7th Ave a flip candidate?
No — 308 7th Ave does not appear in our flips dataset.
Is 308 7th Ave a tax-appeal candidate?
No — 308 7th 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
-1.4%
Implied 1-yr
-5.6%
2026 Q3
$152.5K
2026 Q4
$150.2K
ZIP 61081 — Median Price History + Forecast

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