2505 Illinois St
Cedar Rapids, IA 52404
2 bd 1 ba 1,170 sqft Built 1953 Lot 7,405 sqft single_family
Most recent sale
$161,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 30, 2022 | Sold | $161,000 | CedarRapids |
| May 27, 2022 | Sold | $161,000 | Public Record |
| Mar 21, 2022 | Listed | $145,000 | MLS #2202676 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $144,200 | $30,900 | $175,100 | $2,760 |
| 2023 | $114,700 | $26,000 | $140,700 | $2,888 |
| 2022 | $114,100 | $22,800 | $136,900 | $2,258 |
| 2021 | $98,600 | $22,800 | $121,400 | $2,340 |
| 2020 | $98,400 | $19,500 | $117,900 | $2,146 |
| 2019 | $92,600 | $19,500 | $112,100 | $2,060 |
| 2018 | $87,800 | $19,500 | $107,300 | $1,996 |
| 2017 | $87,800 | $19,500 | $107,300 | $2,042 |
| 2016 | $86,000 | $19,500 | $105,500 | $2,040 |
| 2015 | $88,500 | $19,500 | $108,000 | $1,906 |
| 2014 | $82,109 | $19,525 | $101,634 | $1,928 |
| 2012 | $85,393 | $19,525 | $104,918 | $1,864 |
| 2011 | $76,361 | $32,542 | $108,903 | $1,878 |
| 2010 | $76,361 | $32,542 | $108,903 | $1,812 |
| 2009 | $81,265 | $32,542 | $113,807 | $1,826 |
| 2004 | $73,878 | $32,542 | $106,420 | $1,736 |
Property facts
Year built
1953
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,170 sqft
Lot size
7,405 sqft
ZIP code
52404
City
Cedar Rapids
Street
Illinois St
Coordinates
41.95368, -91.67336
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
$1,755
Gross rental yield
13.08%
Implied cap rate
8.50%
Trend-extrapolated value
—
Frequently asked questions
When did 2505 Illinois St last sell?
2505 Illinois St most recently sold on May 27, 2022 for $161,000.
What is the current tax assessment for 2505 Illinois St?
The most recent total assessment for 2505 Illinois St (year 2025) is $175,100 with $2,760 in property tax.
How does 2505 Illinois St's assessment compare to its last sale price?
The current assessment is 8.8% above the last sale price of $161,000.
When was 2505 Illinois St built?
2505 Illinois St was built in 1953.
How does 2505 Illinois St compare to others on Illinois St?
We track 5 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 2505 Illinois St?
2505 Illinois St is a 2 bed, 1 bath, 1,170 sqft, 7,405 sqft lot single_family.
Is 2505 Illinois St a flip candidate?
No — 2505 Illinois St does not appear in our flips dataset.
Is 2505 Illinois St a tax-appeal candidate?
No — 2505 Illinois St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.1%
Implied 1-yr
+28.5%
2026 Q3
$624.7K
2026 Q4
$655.1K
ZIP 52404 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Illinois St