$248,000
SOLD JUN 6, 2025

2804 Searles Ave Rockford, IL 61101

Northwest United Neighborhood
Studio
-- Bath
3,626 Sq Ft
0.27 Acres

Recently Sold

$68 Per Sq Ft

10% Below List Price

36 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • 1-Story Property

About This Home

As of June 2025

Great investment opportunity! This four-unit multi-family property sits on a double lot just under one acre, offering plenty of parking and a four-car garage at the back of the building. Each unit includes two bedrooms, one bathroom, a large eat-in kitchen, and a generous living room. The property also features central air for year-round comfort. Located in a convenient area, this is a fantastic opportunity for investors or owner-occupants. Units 1 and 3 are available for viewing. Don’t miss out on this income-generating property in a prime location!

Last Agent to Sell the Property

Charla Piper

Century 21 Affiliated License #475188693 Listed on: 03/14/2025

Century 21 Affiliated

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1967

Parking

  • Additional Parking

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 3,626 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Oven
  • Range

Schools

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

Utilities

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

Community Details

  • 4 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,197

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 3626
  • General Features: Additional Parking, Main Floor Primary
  • Legal Description: North Glenwood SUB PT E 1/2 SEC 10-44-1 E 200 FT Lot 090
  • Lvt Date: 03/14/2025
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Maintenance Yr: 1000
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: 110587
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 3626
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Great investment opportunity! This four-unit multi-family property sits on a double lot just under one acre, offering plenty of parking and a four-car garage at the back of the building. Each unit includes two bedrooms, one bathroom, a large eat-in kitchen, and a generous living room. The property also features central air for year-round comfort. Located in a convenient area, this is a fantastic opportunity for investors or owner-occupants. Units 1 and 3 are available for viewing. Don’t miss out on this income-generating property in a prime location!
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: 2600
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 3626
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

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

Building Info

  • Year Built: 1967

Tax Info

  • Year: 2023
  • Taxes: 3197

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
Mar 14, 2025
Closed on
May 28, 2025
Sold by
Fenwick Kayla
Bought by
Sale Properties Llc
Seller's Agent
Charla Piper
Century 21 Affiliated
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$275,000
Sold Price
$248,000
Premium/Discount to List
-$27,000
-9.82%
Views
39
Current Estimated Value
$262,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,667
Avg. Annual Appreciation
12.21%
Original Mortgage
$198,400
Outstanding Balance
$198,055
Interest Rate
8.75%
Mortgage Type
New Conventional
Estimated Equity
$68,612

Purchase Details

Listed on
Aug 1, 2022
Closed on
Aug 17, 2022
Sold by
Carrington Gwendolyn R
Bought by
Fenwick Kayla
Seller's Agent
Ralph Gleitz
Century 21 Affiliated
Buyer's Agent
Otis Johnson
Re/Max Ignite
List Price
$180,000
Sold Price
$186,000
Premium/Discount to List
$6,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Dec 6, 2002
Bought by
Carrington Gwendolyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $248,000 None Listed On Document
Warranty Deed $186,000 Cicero France & Alexander Pc
Deed $133,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2025 06/06/25 Sold $248,000 -9.8% $68 / Sq Ft
04/19/2025 04/19/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $275,000 0.0% $76 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $275,000 +47.8% $76 / Sq Ft
08/17/2022 08/17/22 Sold $186,000 +3.3% $51 / Sq Ft View Prior Sale
08/05/2022 08/05/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $180,000 -- $50 / 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 $4,063 $48,879 $2,273 $46,606
2023 $3,106 $35,916 $2,004 $33,912
2022 $2,539 $27,891 $1,947 $25,944
2021 $2,399 $25,574 $1,785 $23,789
2020 $2,337 $24,176 $1,687 $22,489
2019 $2,283 $23,042 $1,608 $21,434
2018 $2,306 $21,715 $1,515 $20,200
2017 $2,298 $20,782 $1,450 $19,332
2016 $2,340 $20,393 $1,423 $18,970
2015 $2,370 $20,393 $1,423 $18,970
2014 $3,157 $20,395 $1,778 $18,617
Source: Public Records

Agents Affiliated with this Home

  • Charla Piper

    Seller's Agent in 2025

    Charla Piper

    Century 21 Affiliated

    (608) 359-9578

    5 in this area

    188 Total Sales

    Charla Piper
    Section Image

  • N

    Buyer's Agent in 2025

    NON-NWIAR Member

    NorthWest Illinois Alliance of REALTORS®

    NON-NWIAR Member
    Section Image
  • Ralph Gleitz

    Seller's Agent in 2022

    Ralph Gleitz

    Century 21 Affiliated

    (815) 995-1899

    4 in this area

    69 Total Sales

    Ralph Gleitz
    Section Image
  • Otis Johnson

    Buyer's Agent in 2022

    Otis Johnson

    RE/MAX

    (608) 931-8647

    3 in this area

    159 Total Sales

    Otis Johnson
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202501154

NorthWest Illinois Alliance of REALTORS®

APN: 11-10-401-002

Illinois Winnebago County Rockford 61101 Northwest United

2804 Searles Ave, Rockford, IL

Sold

MultiFamily

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