Why Live in Miracle Mile
Miracle Mile in Rockford has seen significant revitalization over the past two decades, focusing on unique local businesses rather than big box stores. The residential area west of Keith Creek features early 20th-century homes, including Cape Cod, Tudor Revival, and Foursquare styles, with prices ranging from $100,000 to $250,000. Multi-family units are available for $90,000 to $230,000. The neighborhood is home to several attractions, such as Johnny Pamcakes, Shooters Bar & Grill inside Don Carter Lanes, and the Gothic Victorian-themed Wolf Hollow gift shop. Rivera’s Fresh Market offers Mexican-themed groceries and dining, while Schnucks is located a few blocks south. Alpine Hills Adventure Park provides year-round outdoor activities, including mountain biking, hiking, snowboarding, and tubing, with a snow-making machine for winter sports. Alpine Park features a playground, public pool, and sports courts, while Dahlquist Park offers baseball, tennis, and basketball facilities. Public schools in the area are part of Rockford School District 205, with Rockford East High School offering a Production Academy for engineering students. Rockford Christian School provides private K-12 education. The neighborhood is safer than the national average, and UW Health Swedish American Hospital is a major medical center nearby. Downtown Chicago is about 85 miles away, with plans for a high-speed train connection. Public transportation is accessible via Rockford Mass Transit District bus lines, and Chicago Rockford International Airport is 6 miles south, with Chicago O’Hare International Airport approximately 70 miles east.
Frequently Asked Questions
Is Miracle Mile a good place to live?
Miracle Mile is a good place to live. Miracle Mile is considered somewhat walkable and somewhat bikeable. Miracle Mile has 13 parks for recreational activities. It is fairly sparse in population with 6.0 people per acre and a median age of 37. The average household income is $55,878 which is below the national average. College graduates make up 11.3% of residents. A majority of residents in Miracle Mile are home owners, with 46.2% of residents renting and 53.8% of residents owning their home. A
local real estate agent serving Miracle Mile can help you decide if this neighborhood is the right one for you. Learn more on our
Miracle Mile neighborhood guide.
How much do you need to make to afford a house in Miracle Mile?
The median home price in Miracle Mile is $572,509. If you put a 20% down payment of $114,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $127K a year to afford the median home price in Miracle Mile. The average household income in Miracle Mile is $56K.
What are the best public schools in Miracle Mile?
The best public schools that serve Miracle Mile are:
What are the best private schools in Miracle Mile?
The best private schools that serve Miracle Mile are:
What are the most popular zip codes in Miracle Mile, Rockford, IL?
What are the most popular neighborhoods near Miracle Mile, Rockford, IL?
Are home prices dropping in Miracle Mile?
Yes, home prices in Miracle Mile are down 26% in the last 12 months.
Home Trends in Miracle Mile, IL
On average, homes in Miracle Mile, Rockford sell after 125 days on the market compared to the national average of 70 days. The median sale price for homes in Miracle Mile, Rockford over the last 12 months is $572,509, up 39% from the median home sale price over the previous 12 months.
Median Sale Price
$572,509
Median Single Family Sale Price
$572,509
Average Price Per Sq Ft
$172
Number of Homes for Sale
0
Last 12 months Home Sales
15
Median List Price
$572,509
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
39%