Opportunity awaits at this spacious 4-bedroom home with many of the most expensive exterior improvements already completed. The property features a newer roof, new siding, replacement windows, and electrical work that has already been started, providing an excellent head start for your renovation project. The interior is ready for your vision and offers the chance to customize the finishes to maximize resale value or create a strong cash-flowing rental. With approximately 1,485 square feet, a full basement, and a functional floor plan, this property has excellent upside potential. Ideal for investors, contractors, rehabbers, or buyers utilizing renovation financing. Property is being sold AS-IS. Seller will make no repairs. Cash or renovation loan preferred. Bring your ideas and unlock the value this property has to offer.
Closed
$70,000
231 Oakwood Ave, Rockford, IL 61101
3beds
1,400sqft
Single Family Residence
Built in 1930
4,792 Square Feet Lot
$70,400 Zestimate®
$50/sqft
$1,643 Estimated rent
Home value
$70,400
$65,000 - $77,000
$1,643/mo
Zestimate® history
Owner options
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$1,643/mo
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$1,643/mo
Rent Zestimate®
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$431/mo
Est. payment
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$431/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Brenda Reyes 815-307-4750,
RE/MAX Liberty
Bought with:
Aladdin Albayati
REMAX Legends
Source: MRED as distributed by MLS GRID,MLS#: 12676010
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Living room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10X10
Heating
- Forced Air
Cooling
- None
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 0
- Total interior livable area: 1,400 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Street, Off Site
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 4,792 Square Feet
Details
- Parcel number: 1122132003
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Rockford
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $26,802
- Annual tax amount: $359
- Date on market: 7/4/2026
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Sold | $70,000+2.2%$50/sqft |
Source:  MRED as distributed by MLS GRID #12676010 Report a problem | ||
| 7/19/2026 | Pending sale | $68,500$49/sqft |
Source: MRED as distributed by MLS GRID #12676010 Report a problem | ||
| 7/4/2026 | Listed for sale | $68,500+585%$49/sqft |
Source: MRED as distributed by MLS GRID #12676010 Report a problem | ||
| 6/24/2024 | Sold | $10,000-60%$7/sqft |
Source: MRED as distributed by MLS GRID #12068474 Report a problem | ||
| 6/20/2024 | Pending sale | $25,000$18/sqft |
Source: MRED as distributed by MLS GRID #12068474 Report a problem | ||
| 5/29/2024 | Listed for sale | $25,000+100%$18/sqft |
Source: MRED as distributed by MLS GRID #12068474 Report a problem | ||
| 6/1/1998 | Sold | $12,500$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $847 +113.2% | $8,934 +13.4% |
| 2023 | $397 -9.1% | $7,878 +11.9% |
| 2022 | $437 | $7,042 +9.1% |
| 2021 | -- | $6,457 +5.8% |
| 2020 | $492 -4% | $6,105 +4.9% |
| 2019 | $512 -6.1% | $5,818 +6.1% |
| 2018 | $546 -3.8% | $5,483 -11.2% |
| 2017 | $567 | $6,174 +1.9% |
| 2016 | $567 -1.8% | $6,058 |
| 2015 | $578 -1.2% | $6,058 -7.9% |
| 2014 | $585 +25.6% | $6,577 -21.1% |
| 2009 | $466 | $8,335 +8% |
| 2007 | -- | $7,717 +18.6% |
| 2006 | -- | $6,505 +4.8% |
| 2005 | -- | $6,210 +0.8% |
| 2004 | -- | $6,163 -2.4% |
| 2003 | -- | $6,315 +3.3% |
| 2001 | -- | $6,111 |
| 2000 | -- | -- |
| 1999 | -- | -- |
Find assessor info on the county website
Neighborhood: West Gateway
Nearby homes
- $100,0004 bd1 ba1.2k sqft223 Oakwood Ave, Rockford, IL 61101Sold
- $124,9002 bd1 ba1.1k sqft233 Oakwood Ave, Rockford, IL 61101For Sale
- $92,9004 bd2 ba2.5k sqft1140 W Jefferson St, Rockford, IL 61101Off Market
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- $76,0003 bd2 ba1.7k sqft217 Oakwood Ave, Rockford, IL 61101Off Market
- $130,500-- bd-- ba2.4k sqft1132-1134 W Jefferson St, Rockford, IL 61101Off Market
Nearby schools
GreatSchools rating
- 2/10Lewis Lemon Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Kennedy Middle SchoolGrades: 6-8Distance: 1.5 mi
- 1/10Auburn High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: 205
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Winnebago County
- Rockford
- 61101
- West Gateway
- 231 Oakwood Ave
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