$750,000

Estimated payment $4,480/month

Total Views 44
-- Bed
-- Bath
2,128 Sq Ft
$352 Price per Sq Ft

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Coin Laundry

About This Home

Two-properties, 10-unit multifamily portfolio centrally located, both properties are 100% occupied. Properties to be sold as a package. Property 1: 417 Walnut St. (PIN: 1123388003) This well-maintained, 6-unit building features spacious 2-bedroom, 1-bath units. Tenants enjoy the convenience of coin-operated laundry in the basement, as well as central air and forced-air (gas) heating. Ideally situated in the heart of downtown with easy access to local amenities. Property 2: 1921 Charles St. (PIN: 1125257007) A solid 4-unit, 2-story brick building, each unit offering 2 bedrooms and 1 bath. Durable construction and efficient layout make this a desirable, low-maintenance asset.

Listing Agent

Ricky Davis

Stateline Real Estate LLC License #471013255 Listed on: 06/13/2025

Co-Listing Agent

Airielh Nolasco

Stateline Real Estate LLC License #475214531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 1941

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Stove
  • Range

Schools

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

Utilities

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

Community Details

Overview

  • 10 Units
  • 2-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,462

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Grid: 72
  • Legal Description: 1921 Charles, CHURCHILL PLACE IN E 1/2 SEC 25-44-1 EXCL S WLY 40 FT IN WIDTH OF LOT 001 BLOCK 003 ----- 417 Walnut, EAST RKFD W1/3 LOT 1 + W1/3 N1/2 LOT 002 BLOCK 031
  • Lvt Date: 06/13/2025
  • Style: 2 Story
  • Type: 5+ Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 10
  • Number Of Units In Bldg: 10
  • Agent Only_ L A1 User Code: 5696
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 2128
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Two-properties, 10-unit multifamily portfolio centrally located, both properties are 100% occupied. Properties to be sold as a package. Property 1: 417 Walnut St. (PIN: 1123388003) This well-maintained, 6-unit building features spacious 2-bedroom, 1-bath units. Tenants enjoy the convenience of coin-operated laundry in the basement, as well as central air and forced-air (gas) heating. Ideally situated in the heart of downtown with easy access to local amenities. Property 2: 1921 Charles St. (PIN: 1125257007) A solid 4-unit, 2-story brick building, each unit offering 2 bedrooms and 1 bath. Durable construction and efficient layout make this a desirable, low-maintenance asset.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2128
  • L O1 Brokerage Number: 481012800
  • L O2 Brokerage Number: 481012800
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Price Per Sq Ft: 352.44
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone

Utilities

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

Schools

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

Building Info

  • Year Built: 1941

Tax Info

  • Year: 2024
  • Taxes: 3462

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
2023 $3,345 $32,214 $2,070 $30,144
2022 $3,290 $28,793 $1,850 $26,943
2021 $3,236 $26,401 $1,696 $24,705
2020 $3,209 $24,958 $1,603 $23,355
2019 $3,187 $23,788 $1,528 $22,260
2018 $3,210 $22,418 $1,440 $20,978
2017 $3,183 $21,455 $1,378 $20,077
2016 $3,180 $21,053 $1,352 $19,701
2015 $3,220 $21,053 $1,352 $19,701
2014 $3,132 $21,054 $1,690 $19,364
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $750,000 -- $352 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $180,000 None Listed On Document
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Closed $192,000 New Conventional
Previous Owner -- No Value Available
Source: Public Records

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202503195

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-257-007