550 Oak St, Spring Valley, IL 61362
Property image
Property image
OFF MARKET

$194,800

Trulia Estimate
  • 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 Home

Home Value

Trulia Estimate
$195K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 550 Oak St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 45.00 acres

Price and Tax history

DateEventPrice
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%

Market trends in Spring Valley

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
21
5
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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.

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 550 Oak St

Skip to last item
Skip to first item

Homes for sale near 550 Oak St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item