$525,000
OPEN SUN 11AM - 2PM

1198 Key Dr W Machesney Park, IL 61103

Estimated payment $3,796/month

Total Views 17,140
4 Beds
3.5 Baths
3,533 Sq Ft
$149 Price per Sq Ft

Highlights

  • Deeded Boat Dock
  • Waterfront
  • Granite Countertops
  • River View
  • Deck
  • Brick or Stone Mason

About This Home

Welcome to 1198 Key West Drive, a stunning waterfront property located in Rockford's sought-after River Key subdivision. This spacious 2-story home is perfectly situated on a premium water lot, offering picturesque views and tranquil living in a quiet, well-established neighborhood. Step inside to discover over 3,000 square feet of finished living space, including a bright and inviting walkout lower level that's perfect for entertaining, a home office, or multi-generational living. Fresh neutral paint and updated flooring throughout the lower level create a modern and move-in-ready space. The main level boasts a large living room with soaring ceilings and tall windows that bathe the home in natural light. Upstairs, enjoy generously sized bedrooms, including a primary suite with ample closet space and a private bath. The lower level includes a full bath, making it ideal for guests or extended stays. Step outside to enjoy serene water views from your backyard-perfect for kayaking, fishing, or simply relaxing by the water's edge. Additional highlights include: Bright, open-concept layout with vaulted ceilings Beautiful curb appeal on a corner lot Well-maintained landscaping with mature trees and greenery Attached garage and ample storage throughout Prime location near parks, shopping, and restaurants Homes on waterfront lots in River Key don't come up often-this is your chance to own a slice of peaceful, scenic living right in Rockford! Schedule your private tour today and make 1198 Key West Dr your next home!

Listing Agent

Justin Pillion

KELLER WILLIAMS INSPIRE License #475160180 Listed on: 07/16/2025

KELLER WILLIAMS INSPIRE

Open House Schedule

  • Sunday, July 27, 2025
    11:00 am to 2:00 pm
    7/27/2025 11:00:00 AM +00:00
    7/27/2025 2:00:00 PM +00:00

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,697

Year Built

  • Built in 2005

Lot Details

  • 0.56 Acre Lot
  • Waterfront

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • River Views

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deeded Boat Dock
  • Deck
  • Patio

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,697

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Countertop-Granite, Walk-In Closet, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Water Front Lot, River View, Subdivision
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 1156
  • Exemptions: Additional Exemptions Apply
  • General Features: Deck, Laundry 1st Floor, L.L. Finished Space, Patio, Deeded Boat Slip
  • Grid: 11
  • Legal Description: RIVER KEY SUB NO 1 PT SE1/4 SEC 24-45-1 & PT SW1/4 SEC 19-45-2 LOT 27
  • Lot Acreage: 0.56
  • Lvt Date: 07/16/2025
  • Number of Lower Level Full Bathrooms: 1
  • Number of Upper Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 110430
  • Egress: Yes
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 3533
  • Garage Type Driveway: Attached, Garage Remote/Opener, Tandem, Concrete
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Welcome to 1198 Key West Drive, a stunning waterfront property located in Rockford's sought-after River Key subdivision. This spacious 2-story home is perfectly situated on a premium water lot, offering picturesque views and tranquil living in a quiet, well-established neighborhood. Step inside to discover over 3,000 square feet of finished living space, including a bright and inviting walkout lower level that's perfect for entertaining, a home office, or multi-generational living. Fresh neutral paint and updated flooring throughout the lower level create a modern and move-in-ready space. The main level boasts a large living room with soaring ceilings and tall windows that bathe the home in natural light. Upstairs, enjoy generously sized bedrooms, including a primary suite with ample closet space and a private bath. The lower level includes a full bath, making it ideal for guests or extended stays. Step outside to enjoy serene water views from your backyard-perfect for kayaking, fishing, or simply relaxing by the water's edge. Additional highlights include: Bright, open-concept layout with vaulted ceilings Beautiful curb appeal on a corner lot Well-maintained landscaping with mature trees and greenery Attached garage and ample storage throughout Prime location near parks, shopping, and restaurants Homes on waterfront lots in River Key don't come up often-this is your chance to own a slice of peaceful, scenic living right in Rockford! Schedule your private tour today and make 1198 Key West Dr your next home!
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 2377
  • L O1 Brokerage Number: 481012753
  • Special Features: OpenHouse
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 16x16, On Level: Upper
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Finished
  • Bedroom 2: Dimensions: 13x12, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: Dimensions: 16x15, On Level: Walk Out
  • Dining Room: Yes, On Level: Main, Dimensions: 14x13
  • Family Room: Yes, On Level: Walk Out, Dimensions: 19x17
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 23x13, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20x19
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 148.6
  • Recreation Room: Yes, On Level: Walk Out, Dimensions: 17x14
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2023
  • Taxes: 10697

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $162,890 $49,565 $113,325
2023 $10,697 $141,976 $43,201 $98,775
2022 $0 $129,116 $39,288 $89,828
2021 $10,563 $121,876 $37,085 $84,791
2020 $10,550 $116,795 $35,539 $81,256
2019 $11,094 $112,023 $34,087 $77,936
2018 $11,171 $106,974 $32,551 $74,423
2017 $11,386 $104,877 $31,913 $72,964
2016 $11,171 $101,154 $30,780 $70,374
2015 $11,115 $99,199 $30,185 $69,014
2014 $9,172 $95,913 $30,185 $65,728
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $525,000 +18.5% $149 / Sq Ft
10/02/2023 10/02/23 Sold $443,000 -1.6% $125 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $450,000 +64.8% $127 / Sq Ft
05/13/2019 05/13/19 Sold $273,000 -2.2% $115 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
01/17/2019 01/17/19 Price Changed $279,000 -1.6% $117 / Sq Ft
11/19/2018 11/19/18 Price Changed $283,500 -1.9% $119 / Sq Ft
09/07/2018 09/07/18 Price Changed $289,000 -3.3% $122 / Sq Ft
07/17/2018 07/17/18 Price Changed $299,000 -6.3% $126 / Sq Ft
05/23/2018 05/23/18 For Sale $319,000 -- $134 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $273,000 Kelly Connor Nicholas Pc
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,000 VA
Closed $264,000 New Conventional
Closed $259,350 New Conventional
Source: Public Records

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Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202504154

NorthWest Illinois Alliance of REALTORS®

APN: 07-24-476-022