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Sold for $187,000
  • $187,000

    2525 Colorado Ave, Rockford, IL 61108

    --beds
    --baths
    1,591sqft
    2 Units
    Built in 1960
    -- sqft lot
    $229,300 Zestimate®
    $118/sqft
    $1,272 Estimated rent

    Home value

    $229,300

    $216,000 - $245,000

    $1,272/mo

    Zestimate® history
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    $1,441/mo

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    $1,441/mo

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    What's special

    Welcome to this charming duplex, perfect for comfortable living. Each unit features two bedrooms and a well-appointed bathroom. The spacious living and dining area creates a welcoming atmosphere for gatherings, while the eat-in kitchen offers ample space. Both units come with all appliances, including two stoves, two sets of washers and dryers, and a refrigerator (note: the refrigerator in Unit 2523 belongs to the tenant). The property also boasts divided basements—Unit 2525 includes a finished rec room, perfect for extra entertainment or relaxation space. Enjoy the convenience of separate utilities for each unit, with the owner covering water and sewer expenses. The roof is just four years old, adding peace of mind. This well-maintained property is a fantastic opportunity for investors or those seeking a comfortable multi-unit residence. Don’t miss out on this opportunity! Property sold AS-IS.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Haynes 815-985-1115,

    Gambino Realtors

    Bought with:

    Justin Smith, 475168898

    Century 21 Affiliated

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202403992MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Refrigerator, Stove/Cooktop, Washer, Gas Water Heater
    • Laundry: Common Area
    Features
    • Basement: Full
    Interior area
    • Total structure area: 1,591
    • Total interior livable area: 1,591 sqft
    • Finished area above ground: 1,591
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Features: On Bus Route
    Details
    • Parcel number: 1231478021
    • Zoning: R1 & R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Units
    Materials
    • Brick/Stone
    • Roof: Shingle
    Condition
    • Year built: 1960

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: City
    • Water: City
    • Utilities for property: Separate Utilities

    Community & HOA

    Community
    • Subdivision: IL
    Location
    • Region: Rockford

    Financial & listing details

    • Price per square foot: $118/sqft
    • Tax assessed value: $130,953
    • Annual tax amount: $3,997
    • Date on market: 7/26/2024
    • Cumulative days on market: 6 days

    Price history

    DateEventPrice
    8/26/2024Sold$187,000+5.6%$118/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202403992 Report a problem
    8/1/2024Pending sale$177,000$111/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202403992 Report a problem
    7/26/2024Listed for sale$177,000$111/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202403992 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,137 +3.5%$43,651 +13.4%
    2023$3,997 +8%$38,490 +18.8%
    2022$3,701 $32,389 +9.1%
    2021-- $29,698 +5.8%
    2020$3,610 +0.7%$28,075 +4.9%
    2019$3,585 +8.6%$26,759 +15.7%
    2018$3,300 +80.6%$23,128 -6.1%
    2017$1,827 $24,634 +1.9%
    2016$1,827 -50%$24,173
    2015$3,652 +97.5%$24,173 -5.3%
    2014$1,849 -58.7%$25,535 -36.1%
    2009$4,482 $39,941 +4.6%
    2007-- $38,195 +5.9%
    2006-- $36,068 +4.8%
    2005-- $34,432 +5.5%
    2004-- $32,631 +9.3%
    2003-- $29,856 +3.3%
    2001-- $28,891 +4.5%
    2000-- $27,653
    1999-- $27,653
    Find assessor info on the county website

    Neighborhood: Rolling Green South

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Whitehead Elementary
    • Middle: Bernard W Flinn Middle
    • High: Rockford East High
    • District: Rockford 205

    Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $229,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $229,300