501 Fairview Ave Rockford, IL 61108
Twin Sister Hills NeighborhoodEstimated payment $1,505/month
Total Views
2,033
--
Bed
--
Bath
2,429
Sq Ft
$90
Price per Sq Ft
Highlights
- Brick or Stone Mason
- Forced Air Heating and Cooling System
- 5-minute walk to Twin Sister Hills Park
- 1-Story Property
About This Home
Look No Further! Fantastic opportunity to own this all-brick, ranch-style 2-family duplex situated on a spacious corner lot in a highly desirable location! Each unit has been thoughtfully updated with new bathtubs, tile, vanities, and toilets. You'll also find beautiful hardwood floors and eat-in kitchens with stylish tiled backsplashes. One unit features a finished lower level with a full bath—ideal for extra living space or additional rental income. This property is perfect for owner-occupants looking to offset their mortgage with rental income from the second unit, or for savvy investors seeking a solid addition to their portfolio. Additional Highlights: Separate basements for each unit. Attached garage. Expansive lot with plenty of outdoor space. Property is being sold As-Is. Don’t miss out on this income-generating gem in a prime location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,502
Year Built
- Built in 1958
Home Design
- Duplex
- Brick or Stone Mason
- Shingle Roof
Interior Spaces
- 1-Story Property
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Stove
- Range<<rangeHoodToken>>
Schools
- Maud E Johnson Elementary School
- Abraham Lincoln Middle School
- Rockford East High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- Natural Gas Water Heater
Community Details
- 2 Units
- 1-Story Building
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,502 | $42,958 | $4,430 | $38,528 |
| 2023 | $3,310 | $37,878 | $3,906 | $33,972 |
| 2022 | $0 | $31,660 | $3,491 | $28,169 |
| 2021 | $2,823 | $29,030 | $3,201 | $25,829 |
| 2020 | $2,757 | $27,444 | $3,026 | $24,418 |
| 2019 | $2,700 | $26,157 | $2,884 | $23,273 |
| 2018 | $2,521 | $22,373 | $2,718 | $19,655 |
| 2017 | $2,691 | $24,138 | $2,601 | $21,537 |
| 2016 | $2,671 | $23,685 | $2,552 | $21,133 |
| 2015 | $2,705 | $23,685 | $2,552 | $21,133 |
| 2014 | $3,412 | $25,371 | $3,183 | $22,188 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 07/07/2025 07/07/25 | For Sale | $219,000 | +99.1% | -- |
| 09/23/2019 09/23/19 | Sold | $110,000 | +4.8% | $60 / Sq Ft |
| 08/12/2019 08/12/19 | Pending | -- | -- | -- |
| 07/19/2019 07/19/19 | For Sale | $105,000 | 0.0% | $57 / Sq Ft |
| 05/03/2019 05/03/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | Price Changed | $105,000 | -4.5% | $57 / Sq Ft |
| 04/15/2019 04/15/19 | For Sale | $110,000 | 0.0% | $60 / Sq Ft |
| 04/11/2019 04/11/19 | Pending | -- | -- | -- |
| 02/26/2019 02/26/19 | For Sale | $110,000 | -- | $60 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $159,000 | None Listed On Document | |
| Warranty Deed | $110,000 | Kelly Connor Nicholas Pc | |
| Deed | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $156,120 | FHA | |
| Previous Owner | $19,339 | FHA | |
| Previous Owner | $108,007 | FHA |
Source: Public Records
Similar Homes in Rockford, IL
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202503896
APN: 12-30-280-015
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