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Off market
  • $249,300

    1427 North Ave, Rockford, IL 61103

    --beds
    0baths
    3,982sqft
    MultiFamily
    Built in 1928
    -- sqft lot
    $249,300 Zestimate®
    $63/sqft
    $880 Estimated rent

    Home value

    $249,300

    $224,000 - $279,000

    $880/mo

    Zestimate® history
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    Owner options

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    $880/mo

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    $880/mo

    Rent Zestimate®

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    $1,931/mo

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    $1,931/mo

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    What's special

    "GREAT INVESTMENT OPPORTUNITY" UNIQUE & EXTREMELY WELL CARED FOR! THIS PET FREE/SMOKE FREE ALL BRICK FOUR FAMILY BUILDING EACH METICULOUS UNIT HAS A LARGE LIVING ROOM & A LARGE FORMAL DINING ROOM. EACH UNIT HAS 2 BEDROOMS, FULL MODERN BATHROOM AND NICE KITCHEN WITH STOVE & REFRIGERATOR. A FULL BASEMENT WITH A STORAGE UNIT FOR EACH UNIT. ON SITE LAUNDRY IN LOWER LEVEL. FIVE CAR GARAGE MANY UPDATES AS NOTED IN THE DOCS. 2 TENANTS OF 3 YEARS, 2 TENANTS IN THE PAST YEAR. RENTS ARE 2 @ $560 & 2@ $625=$2,370 MONTHLY INCOME. THIS BUILDING PROVIDES A GREAT RETURN ON INVESTMENT.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other, Gas
    Cooling
    • Window\Unit
    Appliances
    • Included: Dryer, Washer
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 3,982 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Stone, Brick
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: 1114401002

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • brick
    • Roof: Other
    Condition
    • Year built: 1928

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Location
    • Region: Rockford

    Financial & listing details

    • Price per square foot: $63/sqft
    • Tax assessed value: $140,139
    • Annual tax amount: $4,427

    Price history

    DateEventPrice
    4/30/2021Sold$150,000+5.6%$38/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202101332 Report a problem
    4/9/2021Listed for sale$142,000+18.3%$36/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202101332 Report a problem
    3/3/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/9/2021Listed for rent$625+4.2%
    Source: Zillow Rental Manager Report a problem
    10/27/2020Listing removed$600
    Source: Zillow Rental Manager Report a problem
    10/16/2020Listed for rent$600
    Source: Zillow Rental Manager Report a problem
    3/6/2015Sold$120,000-11%$30/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #201405212 Report a problem
    12/5/2014Price change$134,900-3.6%$34/sqft
    Source: RE/MAX Property Source #201405212 Report a problem
    8/13/2014Listed for sale$139,900+110.2%$35/sqft
    Source: RE/MAX Property Source #201405212 Report a problem
    7/25/2007Sold$66,543$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,427 +3.5%$46,713 +13.4%
    2023$4,277 +1.7%$41,189 +11.9%
    2022$4,206 $36,816 +9.1%
    2021-- $33,758 +5.8%
    2020$4,104 +0.7%$31,913 +4.9%
    2019$4,075 -0.4%$30,417 +6.1%
    2018$4,091 +0.5%$28,666 +4.5%
    2017$4,070 $27,434 +1.9%
    2016$4,070 +0.1%$26,920
    2015$4,067 -1.2%$26,920 0%
    2014$4,118 -20.1%$26,922 -45.5%
    2009$5,157 $49,379 +4.4%
    2007-- $47,281 +14.7%
    2006-- $41,222 +6.5%
    2005-- $38,713 +10.8%
    2004-- $34,945 +12.8%
    2003-- $30,974 +3.3%
    2001-- $29,973 +1%
    2000-- $29,676 +3.4%
    1999-- $28,693
    Find assessor info on the county website

    Neighborhood: Signal Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Rockford 205

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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