NOT LISTED FOR SALE

1602 E State St Rockford, IL 61104

Miracle Mile Neighborhood

Estimated Value: $778,995

Studio
100 Baths
8,262 Sq Ft
$94/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2025

Last sale price $740,000 $90 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,605 / mo

26 Days on Market

Highlights

  • Balcony
  • Air Conditioning
  • Baseboard Heating
  • Brick or Stone Mason
  • Storage
  • Laundry Facilities

About This Home

As of November 2025

A great investment opportunity in the heart of Rockford with great cashflow. A rare 10 family features spacious 1 bedroom units with kitchen, living rooms and bathroom and balcony. Each unit has a storage space and garage. 2 buildings with 6 and 4 units respectively. Currently fully rented for 750 per 7 units and 800 for 3 units.

Last Agent to Sell the Property

Carlos Serna

Century 21 Affiliated License #475161572 Listed on: 08/19/2025

Century 21 Affiliated

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,563

Year Built

  • Built in 1977

Home Design

  • Brick or Stone Mason
  • Tile Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Storage
  • Washer and Dryer
  • Basement

Kitchen

  • Stove
  • Range

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Air Conditioning
  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 10 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,563

Year Built

Built in 1977

Lot Details

0 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Below Grade Finished Sq Ft: 2000
  • General Features: Balcony, Laundry in Building, Storage Area
  • Legal Description: Murtfeldts Sub Lots 6 & 7 Blk 13
  • Lvt Date: 08/19/2025
  • Style: 2 Story
  • Type: 5+ Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 10
  • Number Of Units In Bldg: 10
  • Utilities Yr: 6180
  • Agent Only_ L A1 User Code: 10344
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 8262
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: A great investment opportunity in the heart of Rockford with great cashflow. A rare 10 family features spacious 1 bedroom units with kitchen, living rooms and bathroom and balcony. Each unit has a storage space and garage. 2 buildings with 6 and 4 units respectively. Currently fully rented for 750 per 7 units and 800 for 3 units.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 6262
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Rubber, Tile

Garage/Parking

  • Total Numberof Parking Spaces: 10

Utilities

  • Cooling: Window Unit
  • Heating: Baseboard, Electric
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2024
  • Taxes: 13563

MLS Schools

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

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

Closed on
May 27, 2025
Sold by
Cocuyos Investment Group Llc
Bought by
Current Estimated Value
$778,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2022
Sold by
New Age Rentals Llc
Bought by
Cocuyos Investment Group Llc

Purchase Details

Closed on
Jun 7, 2019
Sold by
Jusst Investments Llc
Bought by
New Age Rentals Llc

Purchase Details

Closed on
Mar 29, 2016
Sold by
Lynch Susan P
Bought by
Jusst Investments Llc

Purchase Details

Closed on
Jun 4, 2003
Bought by
Lynch Leo A and Lynch Susan P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Miracle Mile, IL

  • Malcolm Payne Real Estate Agent - Payne Realty GA

    Malcolm Payne

    Payne Realty GA

    (470) 747-6786

    155 Total Sales

    1 in Miracle Mile

    $159,900 Price

    Malcolm Payne
     Section Image
  • Ron Donavon Real Estate Agent - Keller Williams Inspire - Geneva

    Ron Donavon

    Keller Williams Inspire - Geneva

    (331) 258-3865

    186 Total Sales

    1 in Miracle Mile

    $197,000 Price

    Ron Donavon
     Section Image
  • Rion Tovar-South Real Estate Agent - Weichert Realtors - Tovar Properties

    Rion Tovar-South

    Weichert Realtors - Tovar Properties

    (815) 912-0170

    174 Total Sales

    2 in Miracle Mile

    $49,000 Price Range

    Rion Tovar-South
     Section Image
  • Kathleen Oehlberg Real Estate Agent - Realty One Group Strategies

    Kathleen Oehlberg

    Realty One Group Strategies

    (815) 706-5733

    229 Total Sales

    1 in Miracle Mile

    $144,900 Price

    Kathleen Oehlberg
     Section Image
  • Allison Hawkins Real Estate Agent - Keller Williams Realty Signature

    Allison Hawkins

    Keller Williams Realty Signature

    (779) 774-7983

    295 Total Sales

    2 in Miracle Mile

    $110,000 Price Range

    Allison Hawkins
     Section Image
  • Dave Larson Real Estate Agent - Keller Williams Realty Signature

    Dave Larson

    Responds Quickly

    Keller Williams Realty Signature

    (779) 368-2150

    138 Total Sales

    3 in Miracle Mile

    $135K - $188K Price Range

    Dave Larson
     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
$740,000 None Listed On Document
Cocuyos Investment Group Llc $450,000 Midwest Law Works Llc
New Age Rentals Llc $360,000 None Listed On Document
Jusst Investments Llc $319,000 --
Lynch Leo A $327,500 --
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
Previous Owner $555,000
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
11/25/2025 11/25/25 Sold $740,000 -2.0% $90 / Sq Ft
09/14/2025 09/14/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $755,000 0.0% $91 / Sq Ft
08/22/2025 08/22/25 Pending -- -- --
08/19/2025 08/19/25 For Sale $755,000 -- $91 / 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 $14,081 $159,487 $7,415 $152,072
2024 $13,563 $143,127 $6,654 $136,473
2022 $11,716 $102,547 $5,244 $97,303
2021 $11,524 $94,028 $4,808 $89,220
2020 $11,430 $88,890 $4,545 $84,345
2019 $11,350 $84,722 $4,332 $80,390
2018 $11,432 $79,844 $4,082 $75,762
2017 $11,337 $76,413 $3,907 $72,506
2016 $11,327 $74,981 $3,834 $71,147
2015 $11,469 $74,981 $3,834 $71,147
2014 $11,235 $74,988 $3,834 $71,154
Source: Public Records

Agents Affiliated with this Home

  • Carlos Serna Real Estate Agent - Century 21 Affiliated

    Seller's Agent in 2025

    Carlos Serna

    Century 21 Affiliated

    (815) 262-3919

    2 in this area

    229 Total Sales

    Carlos Serna
    Section Image

  • NM

    Buyer's Agent in 2025

    NON-NWIAR Member

    NorthWest Illinois Alliance of REALTORS®

    NON-NWIAR Member
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202505050

NorthWest Illinois Alliance of REALTORS®

APN: 11-24-382-016

Illinois Winnebago County Rockford 61104 Miracle Mile

1602 E State 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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