$194,800
- 3 Beds
- 1 Bath
- 1,120 sqft (on 45 acres)
550 Oak St, Spring Valley, IL 61362
Est. Refi. Payment $1,417/mo*
Refinance Your HomeHome Value
Trulia Estimate
$195KSince last month
Decreased$300 (-0.1%)Since last year
Decreased$41K (-16.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +143% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $201K |
| July 2026 | $201K |
| June 2026 | $217K |
| May 2026 | $265K |
| April 2026 | $266K |
| March 2026 | $258K |
| February 2026 | $265K |
| January 2026 | $260K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.39 | Single-Family Home | $109,900 | 11/14/25 | 3 | 1 | 1,660 | |
0.53 | Single-Family Home | $118,500 | 08/28/26 | 3 | 1 | 820 | |
0.43 | Single-Family Home | $99,900 | 06/04/26 | 2 | 1 | 847 | |
0.37 | Single-Family Home | $146,000 | 08/25/26 | 3 | 2 | 1,441 | |
0.46 | Single-Family Home | $134,000 | 09/22/25 | 2 | 1 | 858 | |
0.32 | Single-Family Home | $210,000 | 07/06/26 | 3 | 2 | 1,779 | |
0.39 | Single-Family Home | $140,000 | 09/05/25 | 4 | 1.5 | 1,310 | |
0.52 | Single-Family Home | $190,000 | 11/21/25 | 3 | 2 | 1,186 | |
0.60 | Single-Family Home | $85,000 | 02/27/26 | 2 | 1 | 1,228 | |
0.78 | Single-Family Home | $145,500 | 10/23/25 | 3 | 1 | 1,189 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.21 | $74,800 | 3 | 1 | 1,050 | Off Market | |
0.22 | $85,300 | 3 | 1 | 1,162 | Off Market | |
0.24 | $156,700 | 2 | 2 | 1,672 | Off Market | |
0.25 | - | - | - | - | Off Market | |
0.29 | $148,000 | 4 | 3 | 1,590 | Recently Sold | |
0.28 | $88,700 | 1 | 1 | 969 | Off Market | |
0.28 | $88,600 | 2 | 1 | 896 | Off Market | |
0.34 | - | - | - | - | Off Market | |
0.33 | $25,000 | 2 | 1 | - | Recently Sold | |
0.32 | $210,000 | 3 | 2 | 1,779 | Recently Sold | |
0.34 | $128,900 | 3 | 2 | 1,344 | Off Market | |
0.37 | $146,000 | 3 | 2 | 1,441 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1963
Lot Size
45 acres
Living Area
1,120 sqft
Price/Sqft
$174
Parking
Garage
About this House
If you have been waiting for an affordable property with great hunting, this is it! On the property is an approximate 1120 square foot house with three bedrooms and one bathroom which would be great for a hunting cabin, weekend getaway, or even a primary residence. Hardwood floors flow through the living room and bedrooms. In the living room is a wood-burning fireplace to help heat the house and keep energy costs down. There is a forced air furnace to heat the house along with a wood-burning stove to help keep the basement warm. In between the kitchen and 2-car garage, there is a room that would make a great workshop or man-cave area. Because of the proximity to Spring Valley, the house utilizes city water instead of a well. Also on the property is a mobile home with running water which would be great for accommodating guests or a hunter if you chose to lease out hunting rights for extra income. There is also a small storage shed to keep all your tools and toys out of the garage. As far as hunting, this property has the potential to keep you busy all season long! There is an opportunity to hunt multiple species on this farm including deer, turkeys, coyotes, raccoons, rabbits, squirrels, ducks, geese, etc. There were tons of well-defined deer trails and tracks throughout the entire property. We saw many locations where multiple trails pinched down into a single spot. These would make perfect stand locations to intercept the heavy deer traffic. There are approximately 2 acres of a grass field which could easily be converted into a nice food plot to attract and nourish wildlife. There are also many spots within the timber which could be cleared and planted to make great kill plots. Spring Creek runs through the northwest corner providing a year-round water source for wildlife. The northeast portion has a nice trail system which could easily be continued into the rest of the property with a little work. This would make great access for getting to and from your stand when you’re setting up on that buck of a lifetime! On the south side of the property, there is plenty of mature timber along with a small pond. Deer love to bed in the thick vegetation in this area, and we kicked up a couple of deer bedded in the tall grass when walking the property. Being so close to the Illinois River, this bottom area has the potential for great waterfowl hunting when you get tired of hunting deer! We don’t anticipate this property lasting long, so give one of us a call to schedule your personal showing before someone else beats you to it!
550 Oak St, Spring Valley, IL 61362 is a 3 bedroom, 1 bathroom, 1,120 sqft single-family home built in 1963. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $194,800, with a rent estimate of $1,248/month.
Home Details for 550 Oak St
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Interior Details BasementNumber of Rooms: 5Types of Rooms: Breakfast Nook, Dining Room, Family Room |
Heating & Cooling Heating: Propane ButaneAir ConditioningCooling System: CentralHeating Fuel: Propane Butane |
Levels, Entrance, & Accessibility Stories: 1Floors: Hardwood, Linoleum Vinyl |
Appliances & Utilities DishwasherRefrigerator |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: Vinyl |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: Single Family Home |
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Lot Area: 45.00 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 12, 2019 Source: Agent Provided | ListingRemoved | $240,000 |
May 8, 2019 Source: Agent Provided | PendingToActive | $240,000 |
Dec 12, 2018 Source: Agent Provided | Pending | $240,000 |
Jun 26, 2018 Source: Agent Provided | PriceChange | $240,000 Price decreased by 4% |
Apr 2, 2018 Source: N/A | PriceChange | $250,000 Price decreased by 17% |
Feb 23, 2017 Source: Agent Provided | Listed For Sale | $300,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $570 | $15,315 |
Home facts updated by county records
Market trends in Spring Valley
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
21
5MoM
Around this home
What Locals Say about Spring Valley
At least 18 Trulia users voted on each feature.
96 % Say parking is easy
96 % Say kids play outside
88 % Say yards are well-kept
86 % Say it's dog friendly
78 % Say there's holiday spirit
73 % Say people would walk alone at night
72 % Say there are sidewalks
67 % Say car is needed
64 % Say it's walkable to restaurants
64 % Say neighbors are friendly
52 % Say they plan to stay for at least 5 years
50 % Say there's wildlife
48 % Say it's quiet
45 % Say it's walkable to grocery stores
27 % Say streets are well-lit
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 550 Oak St
- What is 550 Oak St estimated to be worth?Trulia's estimated value for 550 Oak St in Spring Valley, IL is $194,800.
- Is Spring Valley a buyer's or seller's market?Spring Valley is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Spring Valley?Residents describe Spring Valley, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Spring Valley, IL.
- What are the closest schools to 550 Oak St?The closest schools to 550 Oak St in Spring Valley, IL are Hall High School (rated 4/10), John F Kennedy Elementary School (Pre-K/Middle, rated 5/10).
- Does 550 Oak St have air conditioning?Yes, 550 Oak St in Spring Valley, IL has air conditioning.
- How big is the lot at 550 Oak St?The lot at 550 Oak St in Spring Valley, IL is about 45 acres.

