NOT LISTED FOR SALE

Estimated Value: $198,000 - $259,000

-- Bed
4 Baths
3,624 Sq Ft
$63/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $125,000 $34 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,633/month

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • 1-minute walk to Churchill Park

About This Home

As of December 2021

Fully Occupied 4 Unit Apartment Building for sale in Rockford, IL 61104. Close to shopping, near schools and hospitals, museums and community events year-round. Detached Garages and easy access to public transportation. Rent starting at $450 per unit, great opportunity for investment!"

Last Agent to Sell the Property

Scott Wilke

Best Realty License #471.020358 Listed on: 11/08/2021

Co-Listed By

Jennifer Heatherly

Best Realty License #475.199608

Last Buyer's Agent

Nastasia Brown

Keller Williams Realty Signature License #475181736

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,782

Lot Details

  • 7,841

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3,624 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Range

Schools

  • John Nelson Elementary School
  • Abraham Lincoln Middle School
  • Rockford East High School

Utilities

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

Community Details

  • 4 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,782

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 1776
  • Front: 50
  • Legal Description: FAIR VIEW SUBD PT E 1/2 SEC 25-44-1 5-59 ANXD 1920 LOT 009 BLOCK 004
  • Lvt Date: 11/09/2021
  • Rear: 50
  • Side 1: 157.5
  • Side 2: 157.5
  • Style: 2 Story
  • Type: 3 - 4 Units
  • Maintenance Yr: 2100
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Other Yr: 760
  • Utilities Yr: 1999
  • Agent Only_ L A1 User Code: 110179
  • Elementary School: John Nelson Elementary
  • Estimated Total Finished Sq Ft: 3624
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Fully Occupied 4 Unit Apartment Building for sale in Rockford, IL 61104. Close to shopping, near schools and hospitals, museums and community events year-round. Detached Garages and easy access to public transportation. Rent starting at $450 per unit, great opportunity for investment!"
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 3624
  • L O2 Brokerage Number: 481010044
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

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

Schools

  • Elementary School #2: C Henry Bloom Elementary

Tax Info

  • Year: 2020
  • Taxes: 4782

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Orchard Park 61101 Llc
Bought by
Sanchez Juan
Current Estimated Value
$228,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Outstanding Balance
$143,817
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$84,815

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 10, 2021
Sold by
Lucas Randal E and Lucas Debra K
Bought by
Orchard Park 61101 Llc
Seller's Agent
Scott Wilke
Best Realty
Buyer's Agent
Nastasia Brown
Keller Williams Realty Signature
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.84%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sanchez Juan $195,000 None Listed On Document
Orchard Park 61101 Llc $125,000 Cook Frank
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Juan $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $125,000 -13.8% $34 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $145,000 -- $40 / 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 $5,159 $54,442 $3,104 $51,338
2023 $4,985 $48,005 $2,737 $45,268
2022 $4,902 $42,907 $2,446 $40,461
2021 $4,822 $39,343 $2,243 $37,100
2020 $4,782 $37,193 $2,120 $35,073
2019 $4,749 $35,449 $2,021 $33,428
2018 $4,783 $33,408 $1,905 $31,503
2017 $4,743 $31,972 $1,823 $30,149
2016 $4,739 $31,373 $1,789 $29,584
2015 $4,799 $31,373 $1,789 $29,584
2014 $5,807 $31,377 $2,237 $29,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202107433

NorthWest Illinois Alliance of REALTORS®

APN: 11-25-426-015