NOT LISTED FOR SALE

1315 School St Rockford, IL 61101

West Gateway Coalition Neighborhood

Estimated Value: $123,000 - $145,000

6 Beds
9 Baths
3,969 Sq Ft
$34/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $86,000 $22 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,017/month

44 Days on Market

About This Home

As of August 2021

Well-kept and lovingly maintained three story all brick apartment building with spacious 1320 Sq Ft 2BR/1BA apartments on each floor. Excellent rental income potential near downtown Rockford! Newer carpet, furnaces, windows, and new roof shingles all done in 2020!! Separate utilities, plenty of off-street parking, and open front porches on each floor. Take a look at this one before it's gone!

Last Agent to Sell the Property

Fidel Batres

Keller Williams Realty Signature License #475133262 Listed on: 04/26/2021

Keller Williams Realty Signature

Last Buyer's Agent

Fidel Batres

Keller Williams Realty Signature License #475133262 Listed on: 04/26/2021

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,653

Lot Details

  • 7,841

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Parking

  • 6 Car Parking Spaces
  • Additional Parking

Schools

  • Lewis Lemon Elementary School
  • Kennedy Middle School
  • Auburn High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 3 Units
  • 3-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,653

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 3969
  • Estimated Below Grade Finished Sq Ft: 1323
  • Front: 51.06
  • General Features: Additional Parking
  • Grid: 17
  • Legal Description: HENRY WILLIAMS SUBD LOT 022
  • Lvt Date: 04/26/2021
  • Rear: 51.06
  • Side 1: 155
  • Side 2: 155
  • Style: 3+ Story
  • Type: 3 - 4 Units
  • Total Assessed Value: 19664
  • Annual Insurance Expense: 1500
  • Maintenance Yr: 500
  • Number Of Floors In Bldg: 3
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 3
  • Potential Income: 18000
  • Utilities Yr: 500
  • Agent Only_ L A1 User Code: 6028
  • Elementary School: Lewis Lemon Elementary
  • Estimated Total Finished Sq Ft: 3969
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Well-kept and lovingly maintained three story all brick apartment building with spacious 1320 Sq Ft 2BR/1BA apartments on each floor. Excellent rental income potential near downtown Rockford! Newer carpet, furnaces, windows, and new roof shingles all done in 2020!! Separate utilities, plenty of off-street parking, and open front porches on each floor. Take a look at this one before it's gone!
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • L O1 Brokerage Number: 481011083
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 21.67
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 6

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Schools

  • School District: Rockford 205
  • Elementary School: Lewis Lemon Elementary
  • Middle School: Kennedy Middle
  • High School: Auburn High

Tax Info

  • Year: 2020
  • Taxes: 2653

MLS Schools

  • HighSchool: Auburn High
  • School District: Rockford 205
  • Middle School: Kennedy Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Aug 6, 2021
Sold by
Willean Fox
Bought by
Macro Inc
Seller's Agent
Fidel Batres
Keller Williams Realty Signature
Buyer's Agent
Fidel Batres
Keller Williams Realty Signature
List Price
$85,000
Sold Price
$86,000
Premium/Discount to List
$1,000
1.18%
Current Estimated Value
$136,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,054
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Jan 26, 2011
Bought by
Fox Willean
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Macro Inc $86,000 Nathan J Noble Pc
Fox Willean $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Willean M $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $86,000 +1.2% $22 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $85,000 +6.4% $21 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $79,900 -- $20 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

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 $3,303 $34,855 $746 $34,109
2023 $3,191 $30,734 $658 $30,076
2022 $2,719 $23,801 $588 $23,213
2021 $2,675 $21,824 $539 $21,285
2020 $2,653 $20,632 $510 $20,122
2019 $2,634 $19,664 $486 $19,178
2018 $2,653 $18,532 $458 $18,074
2017 $2,631 $17,735 $438 $17,297
2016 $2,629 $17,403 $430 $16,973
2015 $2,662 $17,403 $430 $16,973
2014 $2,589 $17,405 $537 $16,868
Source: Public Records

Agents Affiliated with this Home

  • Fidel Batres

    Seller's Agent in 2021

    Fidel Batres

    Keller Williams Realty Signature

    (815) 677-8331

    58 in this area

    1,101 Total Sales

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202101745

NorthWest Illinois Alliance of REALTORS®

APN: 11-15-380-041

Illinois Winnebago County Rockford 61101 West Gateway Coalition

1315 School St, Rockford, IL

This home is located at 1315 School St, Rockford, IL 61101 since 26 April 2021 and is currently estimated at $136,054, approximately $34 per square foot. 1315 School St is a home located in Winnebago County with nearby schools including Lewis Lemon Elementary School, Kennedy Middle School, and Auburn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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