Why Live in Orchid 3rd Union College
Orchid 3rd Union College in Rockford, located along the Rock River southeast of downtown, is known for its early 20th-century brownstone brick homes and cottages. The neighborhood, once the site of Rockford College, has seen significant improvement over the past 10 to 15 years, with increased homeownership and well-maintained yards. Despite this, 81% of residents still rent, often in larger homes converted into multi-family units. Home prices are relatively low, ranging from $40,000 to $120,000, featuring vintage Foursquares and Victorians. Local features include Nelson Park with its baseball diamond, basketball court, and playground, and Tenth Avenue Park, which spans 9 acres and includes a serene creek. The Rock River Recreation Trail offers opportunities for walking, jogging, and biking. Dining options include Olivo Taco on College Avenue and Isla Del Mar, known for its seafood and Mexican dishes. The Rockford Midtown Market operates from June to September, providing fresh produce and crafts. Public transportation is accessible via the Rockford Mass Transit District, with stops on College Avenue, Kishwaukee, and Seminary Streets. The Chicago Rockford International Airport is a 17-minute drive away. For entertainment, residents can visit the BMO Center for hockey games or the Coronado Performing Arts Center for various shows. The nearest medical facility is UW Health SwedishAmerican Hospital, located about a mile-and-a-half northeast.
Frequently Asked Questions
Is Orchid 3rd Union College a good place to live?
Orchid 3rd Union College is a good place to live. Orchid 3rd Union College is considered somewhat walkable and somewhat bikeable. Orchid 3rd Union College is a suburban neighborhood. Orchid 3rd Union College has 12 parks for recreational activities. It is fairly sparse in population with 4.3 people per acre and a median age of 31. The average household income is $36,565 which is below the national average. College graduates make up 10.1% of residents. A majority of residents in Orchid 3rd Union College are renters, with 70.6% of residents renting and 29.4% of residents owning their home. A
local real estate agent serving Orchid 3rd Union College can help you decide if this neighborhood is the right one for you. Learn more on our
Orchid 3rd Union College neighborhood guide.
How much do you need to make to afford a house in Orchid 3rd Union College?
The median home price in Orchid 3rd Union College is $59,950. If you put a 20% down payment of $12,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $13K a year to afford the median home price in Orchid 3rd Union College. The average household income in Orchid 3rd Union College is $37K.
What are the best public schools in Orchid 3rd Union College?
The best public schools that serve Orchid 3rd Union College are:
What are the best private schools in Orchid 3rd Union College?
The best private schools that serve Orchid 3rd Union College are:
What are the most popular zip codes in Orchid 3rd Union College, Rockford, IL?
What are the most popular neighborhoods near Orchid 3rd Union College, Rockford, IL?
Are home prices dropping in Orchid 3rd Union College?
Yes, home prices in Orchid 3rd Union College are down 44% in the last 12 months.
Home Trends in Orchid 3rd Union College, IL
On average, homes in Orchid 3rd Union College, Rockford sell after 61 days on the market compared to the national average of 52 days. The median sale price for homes in Orchid 3rd Union College, Rockford over the last 12 months is $41,500, down 33% from the median home sale price over the previous 12 months.
Median Sale Price
$41,500
Median Single Family Sale Price
$41,500
Average Price Per Sq Ft
$30
Number of Homes for Sale
0
Last 12 months Home Sales
2
Median List Price
$59,950
Median Change From 1st List Price
29%
Median Home Sale Price YoY Change
-33%