Rare opportunity to own a 3-unit property in the heart of Rockton! Perfect for owner-occupants or investors looking to add a versatile income-producing property in a desirable location. Situated on just over a half-acre lot, this property features three 1-bedroom, 1-bath units with separate gas and electric meters for each unit. Unit 1 is currently rented to a long-term occupant who would like to stay, providing immediate income. Units 2 and 3 are fully remodeled, vacant, and ready to be rented. Unit 3 is a unique ADU connected to the detached garage, offering additional flexibility and rental potential. Don't miss this rare chance to own a multi-unit property with immediate cash flow and room for upside in sought-after Rockton!
Pending
$200,000
509 W Franklin St, Rockton, IL 61072
--beds
--baths
1,512sqft
3 - 4 Units
Built in 1900
-- sqft lot
$192,500 Zestimate®
$132/sqft
$-- HOA
What's special
- 33 days |
- 726 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Nicholas Carter 815-323-2563,
Keller Williams Realty Signature
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202603417
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Stove/Cooktop, Gas Water Heater
Features
- Has basement: Yes
Interior area
- Total structure area: 1,512
- Total interior livable area: 1,512 sqft
- Finished area above ground: 1,512
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: Fenced
Details
- Parcel number: 0313354005
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 - 4 Units
Materials
- Vinyl
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & HOA
Community
- Subdivision: IL
Location
- Region: Rockton
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $177,228
- Annual tax amount: $4,458
- Price range: $200K - $200K
- Date on market: 6/10/2026
- Cumulative days on market: 33 days
Estimated market value
$192,500
$183,000 - $202,000
$1,482/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Contingent | $200,000$132/sqft |
Source:  MRED as distributed by MLS GRID #12667823 Report a problem | ||
| 7/2/2026 | Pending sale | $200,000$132/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202603417 Report a problem | ||
| 6/10/2026 | Listed for sale | $200,000+100%$132/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202603417 Report a problem | ||
| 2/26/2026 | Sold | $100,000-48.7%$66/sqft |
Source: Public Record Report a problem | ||
| 11/17/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11925669 Report a problem | ||
| 11/7/2023 | Listed for sale | $195,000+77.3%$129/sqft |
Source: MRED as distributed by MLS GRID #11925669 Report a problem | ||
| 12/15/2006 | Sold | $110,000+11.1%$73/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #200683794 Report a problem | ||
| 8/5/1999 | Sold | $99,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,301 +5.2% | $59,076 +12.1% |
| 2023 | $4,088 +5.6% | $52,676 +9.5% |
| 2022 | $3,872 | $48,123 +6.9% |
| 2021 | -- | $45,034 +3.3% |
| 2020 | $3,606 +2.1% | $43,604 +3.8% |
| 2019 | $3,533 +3.5% | $42,004 +4.9% |
| 2018 | $3,412 +3.2% | $40,034 +4.3% |
| 2017 | $3,306 | $38,373 +3.4% |
| 2016 | $3,306 +5.4% | $37,115 +2.3% |
| 2015 | $3,137 +1.2% | $36,266 |
| 2014 | $3,098 +4.6% | $36,266 -9.8% |
| 2009 | $2,962 | $40,189 +5.9% |
| 2007 | -- | $37,938 +1.9% |
| 2006 | -- | $37,242 +1.6% |
| 2005 | -- | $36,659 +3.2% |
| 2004 | -- | $35,516 +12.6% |
| 2003 | -- | $31,531 +4% |
| 2001 | -- | $30,304 +2.9% |
| 2000 | -- | $29,447 -5.8% |
| 1999 | -- | $31,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61072
Nearby schools
GreatSchools rating
- NARockton Elementary SchoolGrades: PK-2Distance: 1.2 mi
- 7/10Stephen Mack Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Hononegah High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Rockton Grade School
- Middle: Stephen Mack Middle
- High: Hononegah High
- District: Hononegah 207
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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