909 Ridge Ave Unit 911 Rockford, IL 61103
Signal Hill NeighborhoodEstimated payment $1,312/month
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $910
Year Built
- Built in 1930
Lot Details
- 3,869 Sq Ft Lot
- Lot Dimensions are 66.75 x 97.88 x 50 x 50
- Additional Parcels
Home Design
- Flat Roof Shape
- Rubber Roof
Interior Spaces
- 3,350 Sq Ft Home
- 1-Story Property
Utilities
- Forced Air Heating System
Community Details
- 6 Units
- Gross Income $50,000
Map
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 | $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 |
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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $335,000 | None Listed On Document | |
| Grant Deed | $44,500 | Other | |
| Deed | $60,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $217,750 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12531802
APN: 11-14-378-017
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