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1511 Avenue K

Sterling, IL 61081

1 bd 1 ba 1,123 sqft Built 1948 Lot 7,100 sqft single_family
Most recent sale
$57,900
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $57,900 MLS #11347483
Mar 15, 2022 Listed $54,900 MLS #11347483

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $19,678 $3,107 $22,785 $1,750
2023 $18,472 $2,917 $21,389 $1,613
2022 $17,673 $2,791 $20,464 $2,186
2021 $10,998 $2,632 $13,630 $119
2020 $10,613 $2,540 $13,153 $120
2019 $10,087 $2,494 $12,581 $121
2018 $10,103 $2,498 $12,601 $119
2017 $10,034 $2,481 $12,515 $120
2016 $9,711 $2,401 $12,112 $121
2015 $9,693 $2,396 $12,089 $122
2014 $9,756 $2,412 $12,168 $124
2013 $9,978 $2,467 $12,445 $125
2012 $10,157 $2,511 $12,668 $221
2011 $10,248 $2,534 $12,782 $135
2010 $10,411 $2,574 $12,985 $134
2009 $10,228 $2,529 $12,757 $178
2008 $10,105 $2,499 $12,604 $604
2006 $8,965 $2,413 $11,378 $587

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
1,123 sqft
Lot size
7,100 sqft
ZIP code
61081
City
Sterling
Street
Avenue K
Coordinates
41.80083, -89.71123

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
$347
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value

Frequently asked questions

When did 1511 Avenue K last sell?
1511 Avenue K most recently sold on Apr 29, 2022 for $57,900.
What is the current tax assessment for 1511 Avenue K?
The most recent total assessment for 1511 Avenue K (year 2024) is $22,785 with $1,750 in property tax.
How does 1511 Avenue K's assessment compare to its last sale price?
The current assessment is 60.6% below the last sale price of $57,900.
When was 1511 Avenue K built?
1511 Avenue K was built in 1948.
How does 1511 Avenue K compare to others on Avenue K?
We track 8 other properties on Avenue K. Browse the list under "Other properties on Avenue K" to compare beds, baths, and sale history.
What are the property facts for 1511 Avenue K?
1511 Avenue K is a 1 bed, 1 bath, 1,123 sqft, 7,100 sqft lot single_family.
Is 1511 Avenue K a flip candidate?
No — 1511 Avenue K does not appear in our flips dataset.
Is 1511 Avenue K a tax-appeal candidate?
No — 1511 Avenue K 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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