The main purpose of this study was to develop an Information Literacy Assessment for 2nd-grade students and evaluate their performance. The assessment included a regular test and a portfolio assessment. There were 30 multiple-choice items and 3 constructed-response items in the test, while the portfolio assessment was based on the Super3 model. This study was conducted in an elementary school located in southern Taiwan. One hundred and forty-two second graders took the test, and only one class was randomly selected as the subjects for the portfolio assessment. The results showed that the test and portfolio assessment had good validity and reliability. In the fields of library literacy and media literacy, second-grade students with different abilities performed differently, while boys and girls performed similarly. Students performed well in the process of the Super3 model, only in the Plan Phase, they still needed teachers’ help to pose inquiry questions. At last, several suggestions were proposed for information literacy assessment and future research.