NOT LISTED FOR SALE

Estimated Value: $217,980 - $297,000

Studio
3 Baths
5,360 Sq Ft
$45/Sq Ft Est. Value

Last Sold March 06, 2025

Last sale price $205,000 $38 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,615/month

23 Days on Market

Highlights

  • Property is near public transit
  • Storage
  • Forced Air Heating System
  • Brick or Stone Mason
  • 1-Story Property

About This Home

As of March 2025

Ranch style, 3 unit building located in the heart of Rockford. Hardwood floors all throughout. Each unit consist of 2 bedrooms, living room and a eat-in kitchen. Each unit has private access to the basement with their own designated space. Separate utilities. Off-street parking. Newer roof. All units are currently occupied making these a great cash flow opportunity.

Last Agent to Sell the Property

Dimas Trujillo

Smart Home Realty License #475182208 Listed on: 01/05/2025

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 1962

Lot Details

  • 6,098

Parking

  • 4 Car Parking Spaces

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Basement

Kitchen

  • Stove
  • Range

Location

  • Property is near public transit

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,635

Year Built

Built in 1962

Lot Details

6,098 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: 2680
  • General Features: Main Floor Primary, On Bus Route, Storage Area
  • Legal Description: ROCK VIEW ADD TO THE CITY OF ROCKFORD LOT 006 BLOCK 002
  • Lvt Date: 01/05/2025
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Maintenance Yr: 894
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 3
  • Number Of Units In Bldg: 3
  • Utilities Yr: 2004
  • Agent Only_ L A1 User Code: 110388
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 5360
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Ranch style, 3 unit building located in the heart of Rockford. Hardwood floors all throughout. Each unit consist of 2 bedrooms, living room and a eat-in kitchen. Each unit has private access to the basement with their own designated space. Separate utilities. Off-street parking. Newer roof. All units are currently occupied making these a great cash flow opportunity.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: No
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2680
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

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

Building Info

  • Year Built: 1962

Tax Info

  • Year: 2023
  • Taxes: 3635

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2025
Closed on
Mar 5, 2025
Sold by
Kabayiza Vincent N and Gasominari Eric
Bought by
Makoviychuk Vasyl and Makoviychuk Nataliya
Seller's Agent
Dimas Trujillo
Smart Home Realty
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%
Views
48
Current Estimated Value
$243,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,495
Avg. Annual Appreciation
17.63%
Original Mortgage
$153,750
Outstanding Balance
$153,099
Interest Rate
7.83%
Mortgage Type
New Conventional
Estimated Equity
$90,396

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 18, 2022
Sold by
Nafranowicz Nathan J
Bought by
Kabayiza Vincent N and Gasominari Eric
Seller's Agent
Vic Nafranowicz
Vic Nafranowicz Inc., Realtors
Buyer's Agent
Joshua Martinez
Realty One Group Strategies
List Price
$143,500
Sold Price
$130,000
Premium/Discount to List
-$13,500
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%
Original Mortgage
$127,645
Interest Rate
2.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Makoviychuk Vasyl $205,000 None Listed On Document
Kabayiza Vincent N $130,000 Kelly C Connor Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makoviychuk Vasyl $153,750
Previous Owner Kabayiza Vincent N $127,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2025 03/06/25 Sold $205,000 -4.6% $38 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $214,900 +65.3% $40 / Sq Ft
01/19/2022 01/19/22 Sold $130,000 0.0% $24 / Sq Ft View Prior Sale
11/30/2021 11/30/21 Off Market $130,000 -- --
11/01/2021 11/01/21 Price Changed $134,400 -6.3% $25 / Sq Ft
10/21/2021 10/21/21 For Sale $143,500 -- $27 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $3,762 $39,700 $3,486 $36,214
2023 $3,635 $35,006 $3,074 $31,932
2022 $3,575 $31,289 $2,748 $28,541
2021 $3,516 $28,690 $2,520 $26,170
2020 $3,487 $27,122 $2,382 $24,740
2019 $3,463 $25,850 $2,270 $23,580
2018 $3,488 $24,362 $2,139 $22,223
2017 $3,459 $23,315 $2,047 $21,268
2016 $3,456 $22,878 $2,009 $20,869
2015 $3,500 $22,878 $2,009 $20,869
2014 $3,190 $21,688 $2,517 $19,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202500042

NorthWest Illinois Alliance of REALTORS®

APN: 11-36-227-005

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