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5308 Illinois St

Portland, OR 97221

3 bd 3 ba 2,431 sqft Built 1951 Lot 11,326 sqft single_family
Most recent sale
$565,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $565,000 MLS #22438739
May 12, 2022 Listed $579,900 MLS #22438739

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $240,530 $6,139
2019 $233,530 $5,913
2018 $226,730 $5,739
2017 $220,130 $5,501
2016 $213,720 $5,034
2015 $207,500 $4,902
2014 $201,460 $4,828
2013 $195,600 $4,462
2012 $189,910 $3,948
2011 $184,380 $3,827
2010 $179,010 $3,890
2009 $173,800 $3,787
2008 $168,740 $3,575
2007 $163,830 $3,567

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,431 sqft
Lot size
11,326 sqft
ZIP code
97221
City
Portland
Street
Illinois St
Coordinates
45.47871, -122.73166

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,862
Gross rental yield
10.33%
Implied cap rate
6.71%
Trend-extrapolated value

Frequently asked questions

When did 5308 Illinois St last sell?
5308 Illinois St most recently sold on Jun 16, 2022 for $565,000.
What is the current tax assessment for 5308 Illinois St?
The most recent total assessment for 5308 Illinois St (year 2020) is $240,530 with $6,139 in property tax.
How does 5308 Illinois St's assessment compare to its last sale price?
The current assessment is 57.4% below the last sale price of $565,000.
When was 5308 Illinois St built?
5308 Illinois St was built in 1951.
How does 5308 Illinois St compare to others on Illinois St?
We track 8 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 5308 Illinois St?
5308 Illinois St is a 3 bed, 3 bath, 2,431 sqft, 11,326 sqft lot single_family.
Is 5308 Illinois St a flip candidate?
No — 5308 Illinois St does not appear in our flips dataset.
Is 5308 Illinois St a tax-appeal candidate?
No — 5308 Illinois 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
-1.3%
Implied 1-yr
-5.1%
2026 Q3
$956.2K
2026 Q4
$942.9K
ZIP 97221 — Median Price History + Forecast

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