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1002 7th St

Sterling, IL 61081

2 bd 2 ba 790 sqft Built 1950 Lot 4,410 sqft single_family
Most recent sale
$55,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $55,000 MLS #11427630
Jun 7, 2022 Listed $59,900 MLS #11427630
Apr 18, 2022 Listing removed $59,900 MRED
Apr 11, 2022 Listed $59,900 MLS #11372017
Oct 8, 2010 Listing removed $56,900 MRED
Oct 7, 2010 Listing removed $56,900 SaukValley
Apr 14, 2010 Listed $56,900 MLS #07494229
Apr 8, 2010 Listed $56,900 MLS #114475

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $25,711 $1,097 $26,808 $2,169
2023 $24,135 $1,030 $25,165 $2,009
2022 $23,091 $985 $24,076 $2,572
2021 $21,776 $929 $22,705 $2,482
2020 $21,013 $896 $21,909 $2,413
2019 $20,631 $880 $21,511 $2,398
2018 $20,664 $881 $21,545 $2,372
2017 $20,522 $875 $21,397 $2,376
2016 $19,861 $847 $20,708 $2,316
2015 $19,823 $845 $20,668 $2,318
2014 $19,953 $851 $20,804 $2,210
2013 $20,406 $870 $21,276 $1,590
2012 $20,772 $886 $21,658 $1,568
2011 $20,959 $894 $21,853 $1,556
2010 $21,293 $908 $22,201 $1,584
2009 $20,919 $892 $21,811 $1,525
2008 $20,667 $881 $21,548 $1,497
2006 $19,953 $851 $20,804 $1,460

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
790 sqft
Lot size
4,410 sqft
ZIP code
61081
City
Sterling
Street
7th St
Coordinates
41.79295, -89.70978

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
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1002 7th St last sell?
1002 7th St most recently sold on Jul 28, 2022 for $55,000.
What is the current tax assessment for 1002 7th St?
The most recent total assessment for 1002 7th St (year 2024) is $26,808 with $2,169 in property tax.
How does 1002 7th St's assessment compare to its last sale price?
The current assessment is 51.3% below the last sale price of $55,000.
When was 1002 7th St built?
1002 7th St was built in 1950.
How does 1002 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 1002 7th St?
1002 7th St is a 2 bed, 2 bath, 790 sqft, 4,410 sqft lot single_family.
Is 1002 7th St a flip candidate?
No — 1002 7th St does not appear in our flips dataset.
Is 1002 7th St a tax-appeal candidate?
No — 1002 7th 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
-1.4%
Implied 1-yr
-5.6%
2026 Q3
$152.5K
2026 Q4
$150.2K
ZIP 61081 — Median Price History + Forecast

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