$345,000

Estimated payment $1,891/month

Total Views 590
-- Bed
-- Bath
3,350 Sq Ft
$103 Price per Sq Ft

Highlights

  • Property is near public transit
  • 1-Story Property
  • Baseboard Heating
  • Brick or Stone Mason

About This Home

Check out this exciting investment opportunity! This six unit multifamily property offers a rare investment opportunity with great rental potential. Each unit was built with tenant practicality in mind, making it an appealing choice for steady, long term income. Street parking is available for residents and guests, adding convenience to the property as well as access to the bus line. Please keep in mind that this property must be purchased together with 9XX Ridge Avenue which is to the north or the building. Four units are currently rented at this time. If you are looking to add a great investment property to your portfolio, this is it. Schedule a showing today!

Listing Agent

Katarina Giese

Keller Williams Realty Signature License #475197916 Listed on: 12/11/2025

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1930

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 3,350 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Location

  • Property is near public transit

Schools

  • Ellis Arts Academy Elementary School
  • West Middle School
  • Auburn High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 6 Units
  • 1-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$909

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Oven
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 3350
  • General Features: On Bus Route
  • Legal Description: COUNTY CLKS 1ST PLAT OF PT GARRISONS ADD 66.75 FT ON RIDGE AVE BY 97.88 FT DEEP NW COR AS LOT B LOT 020 BLOCK 001
  • Lvt Date: 12/11/2025
  • Style: 1 Story
  • Type: 5+ Units
  • Legal Account Yr: 500
  • Maintenance Yr: 500
  • Management Yr: 500
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 5
  • Number Of Units In Bldg: 6
  • Other Yr: 500
  • Utilities Yr: 500
  • Agent Only_ L A1 User Code: 110813
  • Elementary School: Ellis Arts Academy
  • Estimated Total Finished Sq Ft: 3350
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Check out this exciting investment opportunity! This six unit multifamily property offers a rare investment opportunity with great rental potential. Each unit was built with tenant practicality in mind, making it an appealing choice for steady, long term income. Street parking is available for residents and guests, adding convenience to the property as well as access to the bus line. Please keep in mind that this property must be purchased together with 9XX Ridge Avenue which is to the north or the building. Four units are currently rented at this time. If you are looking to add a great investment property to your portfolio, this is it. Schedule a showing today!
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 3350
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone

Utilities

  • Heating: Baseboard, Electric, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1930

Tax Info

  • Year: 2024
  • Taxes: 909

MLS Schools

  • HighSchool: Auburn High
  • School District: Rockford 205
  • Middle School: West Middle

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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

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 $29 $306 $306 --
2023 $28 $270 $270 $0
2022 $28 $241 $241 $0
2021 $27 $221 $221 $0
2020 $27 $209 $209 $0
2019 $27 $199 $199 $0
2018 $27 $187 $187 $0
2017 $27 $179 $179 $0
2016 $27 $176 $176 $0
2015 $27 $176 $176 $0
2014 $33 $220 $220 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2025 12/11/25 For Sale $235,000 -31.9% $70 / Sq Ft
12/11/2025 12/11/25 For Sale $345,000 +3.0% $103 / Sq Ft
05/16/2025 05/16/25 Sold $335,000 0.0% $100 / Sq Ft View Prior Sale
03/28/2025 03/28/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $335,000 +1240.0% $100 / Sq Ft
04/12/2022 04/12/22 Sold $25,000 -45.7% $7 / Sq Ft View Prior Sale
03/29/2022 03/29/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $46,000 +3.4% $14 / Sq Ft
11/11/2016 11/11/16 Sold $44,500 -10.8% -- View Prior Sale
10/30/2016 10/30/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $49,900 -- --
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $335,000 None Listed On Document
Grant Deed $44,500 Other
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,750 New Conventional
Source: Public Records

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202507527

NorthWest Illinois Alliance of REALTORS®

APN: 11-14-378-017