$650,000
SOLD MAY 27, 2025

545 Sandra Ln Rockford, IL 61107

Studio
-- Bath
1,981 Sq Ft
13,068 Sq Ft Lot

Recently Sold

$328 Per Sq Ft

Highlights

  • Air Conditioning
  • 1-Story Property
  • Heating Available

About This Home

As of May 2025

Don’t miss this beautifully renovated, fully tenant occupied, 4-unit property, each offering a spacious 1 bedroom, 1 bathroom layout. Every unit has been tastefully updated with modern finishes, and each tenant enjoys their own private garage. A perfect investment or owner-occupy opportunity with solid rental potential and low-maintenance appeal!

Last Agent to Sell the Property

Ricky Davis

Stateline Real Estate LLC License #471013255 Listed on: 04/24/2025

Co-Listed By

Airielh Nolasco

Stateline Real Estate LLC License #475214531

Last Buyer's Agent

Amanda Clark

Gambino Realtors License #475184385

Gambino Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,459

Year Built

  • Built in 1979

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property

Kitchen

  • Stove
  • Range
  • Microwave

Schools

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

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Separate Meters
  • Electric Water Heater

Community Details

  • 4 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,459

Year Built

Built in 1979

Lot Details

0.3 Acres

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Microwave, Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Legal Description: COUNTRY AIR ESTATES PT SE 1/4 SEC 21-44-2 LOT 052
  • Lvt Date: 04/24/2025
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 4
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: 5696
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 1981
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Don’t miss this beautifully renovated, fully tenant occupied, 4-unit property, each offering a spacious 1 bedroom, 1 bathroom layout. Every unit has been tastefully updated with modern finishes, and each tenant enjoys their own private garage. A perfect investment or owner-occupy opportunity with solid rental potential and low-maintenance appeal!
  • Designated Managing Broker Y N: No
  • 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: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 8

Utilities

  • Cooling: Wall Unit
  • Heating: Electric
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Building Info

  • Year Built: 1979

Tax Info

  • Year: 2023
  • Taxes: 7459

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
Apr 24, 2025
Closed on
May 22, 2025
Sold by
Your Property Solutions-Realington Enter
Bought by
Dy 6501 Hermitage Llc
Seller's Agent
Ricky Davis
Stateline Real Estate LLC
Buyer's Agent
Amanda Clark
Gambino Realtors
List Price
$650,000
Sold Price
$650,000
Views
2
Current Estimated Value
$477,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$173,000
Avg. Annual Appreciation
-47.96%
Original Mortgage
$520,000
Outstanding Balance
$517,318
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
-$139,318

Purchase Details

Closed on
Jan 18, 2024
Sold by
Lemus Investment Group
Bought by
Your Prop Sol-Realington Ent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,309
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Lemus Investment Group

Purchase Details

Closed on
Aug 19, 2002
Bought by
Vitek Elmer R
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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Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Warranty Deed $270,500 None Listed On Document
Deed $220,000 Chicago Title
Deed $143,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 FHA
Previous Owner $216,309 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2025 05/27/25 Sold $650,000 0.0% $328 / Sq Ft
04/24/2025 04/24/25 For Sale $650,000 -- $328 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
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 $4,666 $49,240 $9,406 $39,834
2023 $8,155 $78,543 $8,294 $70,249
2022 $8,021 $70,203 $7,413 $62,790
2021 $7,890 $64,371 $6,797 $57,574
2020 $7,825 $60,854 $6,426 $54,428
2019 $7,770 $58,001 $6,125 $51,876
2018 $6,013 $41,998 $4,597 $37,401
2017 $5,963 $40,193 $4,399 $35,794
2016 $5,958 $39,440 $4,317 $35,123
2015 $6,033 $39,440 $4,317 $35,123
2014 $5,868 $39,445 $5,397 $34,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202502008

NorthWest Illinois Alliance of REALTORS®

APN: 12-21-427-002

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