NOT LISTED FOR SALE

2440 Holmes St Rockford, IL 61108

12 Beds
6 Baths
-- Sq Ft
21,344 Sq Ft Lot

Sale Details

Date Sold: January 31, 2018

Last sale price $220,000 $0 Per Sq Ft

3 Days on Market

About This Home

As of January 2018

All brick 6 unit in a great location! All units are ranch style with 2 bedrooms & 1 bath. Individual laundry facilities & storage in the basement. 4 new furnaces installed. Off street parking in the back. 5 units currently rent for $600/mo & 1 unit at $625. Located within walking distance to shopping, restaurants, & UTC Aerospace, the rental history is solid. Make some upgrades & improve on the income. Investment opportunity awaits!

Last Agent to Sell the Property

Pamela Cunningham

Gambino Realtors Listed on: 12/04/2017

Gambino Realtors

Last Buyer's Agent

Jason Taylor

Century 21 Affiliated License #471018829

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 0.49

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Insurance Expense $2,500

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0.49 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 31500
  • Outdoor Parking: 6-12 Spaces
  • Total Annual Exp: 4000
  • Total Annual Income: 43500
  • Total Monthly Income: 3625
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 1
  • Estimated Year Built: 1966
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1966

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.49
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Fuses

Lot Info

  • Lot Dimensions: 140X147.98X174X131.8
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 1232452003

Rental Info

  • Gross Rental Income: 43500
  • Tenant Pays: Electric, Heat

Multi Family

  • Insurance Expense: 2500

Tax Info

  • Taxes: 8103.42
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2018 01/31/18 Sold $220,000 -2.2% --
12/07/2017 12/07/17 Pending -- -- --
12/04/2017 12/04/17 For Sale $225,000 +21.6% --
04/13/2015 04/13/15 Sold $185,000 -7.5% $51 / Sq Ft View Prior Sale
03/14/2015 03/14/15 Pending -- -- --
09/16/2014 09/16/14 For Sale $200,000 -- $56 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $8,822 $93,090 $11,115 $81,975
2022 $8,382 $73,367 $8,760 $64,607
2021 $8,245 $67,272 $8,032 $59,240
2020 $8,177 $63,596 $7,593 $56,003
2019 $8,120 $60,614 $7,237 $53,377
2018 $8,179 $57,123 $6,820 $50,303
2017 $8,111 $54,668 $6,527 $48,141
2016 $8,103 $53,644 $6,405 $47,239
2015 $8,206 $53,644 $6,405 $47,239
2014 $7,981 $53,652 $8,008 $45,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09812081

Midwest Real Estate Data (MRED)
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