High cashflow brick 4 unit! The units are 3 level townhouse style units with 2x 2br/1ba and 2x 2br/1.5ba all units have a large basement that some tenants use as a 3rd bedroom with laundry hookups. Building is currently rented at $3930, great tenants with potential to increase rents. Interior renovations and several new windows 2023, new roof 2023, waterproofing work to all four basements 2025, new water heater 2026, asphalt pavement repairs 2026. Utilities are all separate and paid by tenants except for water. One tenant is month to month so able to accommodate investors or owner occupants is FHA/VA friendly.
Closed
$315,000
3312 Sablewood Dr, Rockford, IL 61101
8beds
--sqft
Multi Family
Built in 1966
-- sqft lot
$315,100 Zestimate®
$--/sqft
$1,285 Estimated rent
Home value
$315,100
$290,000 - $343,000
$1,285/mo
Zestimate® history
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$2,345/mo
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Zillow last checked:
Listing updated:
Listed by:
Henry Lazerow henry@fultongrace.com,
Fulton Grace Realty
Bought with:
Rose Schlickman
Key Realty - Rockford
Source: MRED as distributed by MLS GRID,MLS#: 12670345
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 1
- Parking features: Unassigned, Yes, Other
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 1110202015
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Community Sewer
- Water: Community
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Rockford
Financial & listing details
- Tax assessed value: $162,945
- Annual tax amount: $5,147
- Date on market: 6/6/2026
- Listing terms: Other
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Sold | $315,000+128.3% |
Source:  MRED as distributed by MLS GRID #12670345 Report a problem | ||
| 6/16/2023 | Sold | $138,000+15% |
Source:  NorthWest Illinois Alliance of REALTORS® #202207779 Report a problem | ||
| 12/18/2020 | Sold | $120,000+79.1% |
Source: Public Record Report a problem | ||
| 12/18/2018 | Sold | $67,000-19.3% |
Source: Public Record Report a problem | ||
| 5/10/2007 | Sold | $83,000+22.1% |
Source: Public Record Report a problem | ||
| 7/31/2006 | Sold | $68,000-12.7% |
Source: Public Record Report a problem | ||
| 4/7/2006 | Sold | $77,931-2.6% |
Source: Public Record Report a problem | ||
| 4/18/2001 | Sold | $80,000-1.2% |
Source: Public Record Report a problem | ||
| 10/29/1999 | Sold | $81,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,147 +3.5% | $54,315 +13.4% |
| 2023 | $4,973 +1.7% | $47,893 +11.9% |
| 2022 | $4,891 | $42,807 +9.1% |
| 2021 | -- | $39,251 +5.8% |
| 2020 | $4,771 +0.7% | $37,107 +4.9% |
| 2019 | $4,738 -0.4% | $35,367 +6.1% |
| 2018 | $4,756 +97.5% | $33,330 +2.7% |
| 2017 | $2,408 | $32,461 +1.9% |
| 2016 | $2,408 -50% | $31,853 -0.5% |
| 2015 | $4,812 -1.7% | $31,997 +35.7% |
| 2014 | $4,894 +41.2% | $23,574 -21.1% |
| 2009 | $3,467 | $29,884 +8% |
| 2007 | -- | $27,666 -8.1% |
| 2006 | -- | $30,103 +4.7% |
| 2005 | -- | $28,738 +6.6% |
| 2004 | -- | $26,971 -7.6% |
| 2003 | -- | $29,193 +3.3% |
| 2001 | -- | $28,249 +1% |
| 2000 | -- | $27,969 |
| 1999 | -- | $27,969 |
Find assessor info on the county website
Neighborhood: 61101
Nearby homes
- $140,0002 bd1 ba900 sqft3312 Sablewood Dr #1, Rockford, IL 61101Off Market
- $140,0002 bd1 ba900 sqft3312 Sablewood Dr APT 2, Rockford, IL 61101Off Market
- $268,9008 bd6 ba3.4k sqft3316 Sablewood Dr, Rockford, IL 61101Off Market
- $198,7002 bd1 ba-- sqft3316 Sablewood Dr APT 3, Rockford, IL 61101Off Market
- $218,6002 bd2 ba620 sqft3308 Sablewood Dr, Rockford, IL 61101Off Market
- $206,800-- bd-- ba900 sqft3308 Sablewood Dr APT 3, Rockford, IL 61101Off Market
- $--2 bd2 ba620 sqft3308 Sablewood Dr APT 2, Rockford, IL 61101Off Market
- $183,6002 bd2 ba1.1k sqft3308 Sablewood Dr APT 1, Rockford, IL 61101Off Market
Nearby schools
GreatSchools rating
- 6/10West View Elementary SchoolGrades: K-5Distance: 0.9 mi
- 2/10West Middle SchoolGrades: 6-8Distance: 1.1 mi
- 1/10Auburn High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Conklin Elementary School
- Middle: West Middle School
- High: Auburn High School
- 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
- 3312 Sablewood Dr
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