This 3-bedroom, 1.5-bath home offers incredible potential in the sought-after location of Loves Park. Features include a welcoming screened front porch, a full unfinished basement, and a spacious 2-car garage. Just blocks from the beautiful Martin Park, this property is perfect for investors or buyers looking to restore and customize a home in a prime neighborhood. Fire Damaged Property.
Closed
$35,000
242 River Ln, Loves Park, IL 61111
3beds
1,350sqft
Single Family Residence
Built in 1920
10,454 Square Feet Lot
$37,600 Zestimate®
$26/sqft
$1,941 Estimated rent
Home value
$37,600
$33,000 - $42,000
$1,941/mo
Zestimate® history
Owner options
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$215/mo
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List your homeWhat's special
Welcoming screened front porchFull unfinished basement
Zillow last checked:
Listing updated:
Listed by:
Katie Bak, ABR,CRS,e-PRO,MRP,SFR 847-609-8378,
Gates and Gables Realty
Bought with:
Brenda Muniz
Keller Williams Realty Signature
Source: MRED as distributed by MLS GRID,MLS#: 12479389
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Features: Bathroom (Full)
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 2
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 3
- Level: Second
- Area: 72 Square Feet
- Dimensions: 9X8
Dining room
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Kitchen
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14X11
Living room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Heating
- Other
Cooling
- Central Air
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,350 sqft
Property
Parking
- Total spaces: 2.5
- Parking features: Yes, Garage Owned, Detached, Garage
- Garage spaces: 2.5
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1.5
Lot
- Size: 10,454 Square Feet
Details
- Parcel number: 1101454040
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Loves Park
Financial & listing details
- Price per square foot: $26/sqft
- Tax assessed value: $124,947
- Annual tax amount: $2,774
- Date on market: 9/25/2025
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $35,000-5.4%$26/sqft |
Source:  MRED as distributed by MLS GRID #12479389 Report a problem | ||
| 10/8/2025 | Contingent | $37,000$27/sqft |
Source: MRED as distributed by MLS GRID #12479389 Report a problem | ||
| 9/25/2025 | Listed for sale | $37,000-43.1%$27/sqft |
Source: MRED as distributed by MLS GRID #12479389 Report a problem | ||
| 7/27/2020 | Sold | $65,000$48/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202002970 Report a problem | ||
| 6/17/2020 | Pending sale | $65,000$48/sqft |
Source: Gambino Realtors #202002970 Report a problem | ||
| 6/10/2020 | Listed for sale | $65,000$48/sqft |
Source: Gambino Realtors #202002970 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,969 +7% | $41,649 +13.4% |
| 2023 | $2,774 +5.2% | $36,724 +11.9% |
| 2022 | $2,636 | $32,824 +9.1% |
| 2021 | -- | $30,097 +12.6% |
| 2020 | $713 -7.1% | $26,729 +4.9% |
| 2019 | $768 -9.8% | $25,476 -5.2% |
| 2018 | $852 -1.7% | $26,883 +4.5% |
| 2017 | $867 | $25,728 +1.9% |
| 2016 | $867 -0.9% | $25,245 |
| 2015 | $874 -1.2% | $25,245 -10.4% |
| 2014 | $884 +53.7% | $28,174 -21.1% |
| 2009 | $575 | $35,715 +17.5% |
| 2007 | -- | $30,390 +4.8% |
| 2006 | -- | $29,000 +4.7% |
| 2005 | -- | $27,685 +5.5% |
| 2004 | -- | $26,236 +1% |
| 2003 | -- | $25,980 +3.3% |
| 2001 | -- | $25,140 +2.7% |
| 2000 | -- | $24,469 |
| 1999 | -- | $24,469 |
Find assessor info on the county website
Neighborhood: 61111
Nearby homes
- $298,100-- bd-- ba3k sqft240 River Ln, Loves Park, IL 61111Off Market
- $135,0003 bd2 ba1.6k sqft248 River Ln, Loves Park, IL 61111Sold
- $157,5003 bd1 ba1k sqft243 Merrill Ave, Loves Park, IL 61111Off Market
- $159,3003 bd2 ba1.1k sqft247 Merrill Ave, Loves Park, IL 61111Off Market
- $164,1004 bd2 ba1.6k sqft230 River Ln, Loves Park, IL 61111Off Market
- $118,6002 bd1 ba700 sqft239 Merrill Ave, Loves Park, IL 61111Off Market
- $221,4003 bd2 ba1.2k sqft249 Merrill Ave, Loves Park, IL 61111Off Market
- $151,2003 bd2 ba1.2k sqft235 Merrill Ave, Loves Park, IL 61111Off Market
Nearby schools
GreatSchools rating
- 6/10Loves Park Elementary SchoolGrades: 1-5Distance: 0.2 mi
- 5/10Harlem Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Harlem High SchoolGrades: 9-12Distance: 3.7 mi
Schools provided by the listing agent
- Elementary: Loves Park Elementary School
- Middle: Harlem Middle School
- High: Harlem High School
- District: 122
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Illinois
- Winnebago County
- Loves Park
- 61111
- 242 River Ln
Nearby cities
Nearby zip codes
Other Loves Park Topics
