NOT LISTED FOR SALE

140 Summit St Rockford, IL 61107

Jackson Oaks Neighborhood

Estimated Value: $236,665

Studio
4 Baths
2,748 Sq Ft
$86/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2026

Last sale price $235,000 $86 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,529 / mo

6 Days on Market

About This Home

As of May 2026

Fully occupied 4-unit building in a convenient Rockford location just minutes from UW Health and downtown Rockford! This property has two 2-bedroom units and two 1-bedroom units, making it a great addition to any investment portfolio. Recent updates include a new main water line, newer water heaters in 2017 and 2025, newer vinyl windows, and vinyl siding for lower-maintenance ownership. With all units currently occupied, this property provides immediate rental income and long-term investment potential.

Last Agent to Sell the Property

Olga Kampmeier

Keller Williams Realty Signature License #475166479 Listed on: 04/30/2026

Keller Williams Realty Signature

Last Buyer's Agent

Olga Kampmeier

Keller Williams Realty Signature License #475166479 Listed on: 04/30/2026

Keller Williams Realty Signature

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 1900

Lot Details

  • 6,098

Parking

  • 2 Car Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Range

Schools

  • C Henry Bloom Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

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

Community Details

  • 4 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,190

Year Built

Built in 1900

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Legal Description: CROSBYS ADDN N 66/100 FT E 84 FT LOT 13 + E 84 FT S 59.34 FT LOT 012 BLOCK 012
  • Lvt Date: 04/30/2026
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: 110092
  • Elementary School: C Henry Bloom Elementary
  • Estimated Total Finished Sq Ft: 2748
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Fully occupied 4-unit building in a convenient Rockford location just minutes from UW Health and downtown Rockford! This property has two 2-bedroom units and two 1-bedroom units, making it a great addition to any investment portfolio. Recent updates include a new main water line, newer water heaters in 2017 and 2025, newer vinyl windows, and vinyl siding for lower-maintenance ownership. With all units currently occupied, this property provides immediate rental income and long-term investment potential.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2748
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 2

Utilities

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

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2025
  • Taxes: 2190

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Abraham Lincoln Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2026
Closed on
May 26, 2026
Sold by
Simba Rentals Llc
Bought by
Seller's Agent
Olga Kampmeier
Keller Williams Realty Signature
Buyer's Agent
Olga Kampmeier
Keller Williams Realty Signature
List Price
$225,000
Sold Price
$235,000
Premium/Discount to List
$10,000
4.44%
Views
29
Current Estimated Value
$236,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,665
Avg. Annual Appreciation
2.10%
Original Mortgage
$188,000
Outstanding Balance
$187,646
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$49,019

Purchase Details

Closed on
Aug 10, 2022
Sold by
Summit Court Llc
Bought by
Simba Rentals Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Jackson Oaks, IL

  • Jeanne Keating Real Estate Agent - Compass

    Jeanne Keating

    Compass

    (855) 211-8768

    132 Total Sales

    1 in Jackson Oaks

    $75,000 Price

    Jeanne Keating
     Section Image
  • Kathleen Oehlberg Real Estate Agent - Realty One Group Strategies

    Kathleen Oehlberg

    Realty One Group Strategies

    (815) 706-5733

    229 Total Sales

    4 in Jackson Oaks

    $50K - $105K Price Range

    Kathleen Oehlberg
     Section Image
  • Cathy Fiebig-Zittlow Real Estate Agent - Keller Williams Realty Signature

    Cathy Fiebig-Zittlow

    Keller Williams Realty Signature

    (815) 332-0809

    208 Total Sales

    1 in Jackson Oaks

    $75,000 Price

    Cathy Fiebig-Zittlow
     Section Image
  • John Juliano Real Estate Agent - Berkshire Hathaway HomeServices Crosby Starck RE

    John Juliano

    Berkshire Hathaway HomeServices Crosby Starck RE

    (815) 420-4433

    115 Total Sales

    2 in Jackson Oaks

    $42,500 Price Range

    John Juliano
     Section Image
  • Teresa Skridla Real Estate Agent - Century 21 Affiliated

    Teresa Skridla

    Century 21 Affiliated

    (815) 420-4842

    219 Total Sales

    2 in Jackson Oaks

    $99,000 Price Range

    Teresa Skridla
     Section Image
  • Michelle Fitzgerald Real Estate Agent - Century 21 Signature Real Estate

    Michelle Fitzgerald

    Century 21 Signature Real Estate

    (319) 409-6715

    172 Total Sales

    2 in Jackson Oaks

    $44,800 Price Range

    Michelle Fitzgerald
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$235,000 None Listed On Document
Simba Rentals Llc $605,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $188,000
Previous Owner Simba Rentals Llc $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2026 05/26/26 Sold $235,000 +4.4% $86 / Sq Ft
05/06/2026 05/06/26 Pending -- -- --
04/30/2026 04/30/26 For Sale $225,000 +1053.8% $82 / Sq Ft
01/22/2013 01/22/13 Sold $19,500 -27.8% $28 / Sq Ft View Prior Sale
12/15/2012 12/15/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $27,000 -- $39 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,190 $24,810 $2,436 $22,374
2024 $1,918 $20,242 $2,187 $18,055
2023 $1,483 $14,278 $1,928 $12,350
2022 $1,458 $12,762 $1,723 $11,039
2021 $1,434 $11,702 $1,580 $10,122
2020 $1,423 $11,063 $1,494 $9,569
2019 $1,413 $10,544 $1,424 $9,120
2018 $1,177 $9,937 $1,342 $8,595
2017 $1,411 $9,510 $1,284 $8,226
2016 $1,410 $9,332 $1,260 $8,072
2015 $936 $6,118 $1,260 $4,858
2014 $4,524 $6,119 $1,575 $4,544
Source: Public Records

Agents Affiliated with this Home

  • Olga Kampmeier Real Estate Agent - Keller Williams Realty Signature

    Seller's Agent in 2026

    Olga Kampmeier

    Keller Williams Realty Signature

    (815) 621-9180

    8 in this area

    787 Total Sales

    Olga Kampmeier
    Section Image
  • Larry Holen Real Estate Agent - DICKERSON & NIEMAN

    Seller's Agent in 2013

    Larry Holen

    DICKERSON & NIEMAN

    (815) 703-7060

    4 in this area

    210 Total Sales

    Larry Holen
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202602424

NorthWest Illinois Alliance of REALTORS®

APN: 11-24-356-012

Illinois Winnebago County Rockford 61107 Jackson Oaks

140 Summit St, Rockford, IL

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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