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Off market
  • Tax assessed value
    $80,466

    511 Cherry St, Rockford, IL 61103

    0beds
    3,008sqft
    Apartment
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $27/sqft
    $1,268 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,268/mo

    Zestimate® history
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    What's special

    Collect over $5,000/month OR MORE on this 31-Unit Portfolio in Rockford, IL! • Are you looking for real passive income? • Are you looking to multiply your returns in real estate? • Tired of competing over single family units? For less than the price of many Single Family Homes, you can have 31 income-producing units! PRICED TO MOVE QUICKLY: $499,000 Don’t miss out! This multifamily property offers multiple money-generating strategies: ? $62,250 estimated NOI ? $25,000 Estimated Rehab ? Good Area ? Value Plays ? Market Value at Market Cap $770,000 ? Room for rent increases ? Even more possible value plays! This is an off-market deal. For IMMEDIATE DELIVERY of the Property Package: Option 1: Text your name & email to 779-207-3100 and a packet will be emailed within 10 minutes Option 2: Dial the voice box at 779-207-3100 and speak ONLY your name & email – a packet will be emailed within 10 minutes

    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
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet
    • Basement: Partially finished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 3,008 sqft

    Property

    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: 1123155003

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Other
    • Roof: Asphalt
    Condition
    • Year built: 1910

    Community & neighborhood

    Location
    • Region: Rockford

    Other

    Other facts
    • Parking
    • Unfurnished

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    3/1/2017Listing removed$499,000$166/sqft
    Source: Owner Report a problem
    8/16/2016Listed for sale$499,000+512.3%$166/sqft
    Source: Owner Report a problem
    10/10/2015Listing removed$335
    Source: KD Holdings LLC Report a problem
    10/1/2015Price change$335-13%
    Source: KD Holdings LLC Report a problem
    7/14/2015Listed for rent$385+2.7%
    Source: AMG Realty Group Report a problem
    10/1/2013Listing removed$375
    Source: Stateline Rental Properties Report a problem
    7/25/2013Listed for rent$375
    Source: Stateline Rental Properties Report a problem
    3/5/2008Sold$81,500$27/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #200899353 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,542 +50.2%$26,822 +64.6%
    2023$1,692 +1.7%$16,298 +11.9%
    2022$1,664 $14,567 +9.1%
    2021-- $13,357 +5.8%
    2020$1,624 +0.7%$12,627 +4.9%
    2019$1,612 -0.4%$12,035 +6.1%
    2018$1,619 +0.5%$11,342 +4.5%
    2017$1,610 $10,854 +1.9%
    2016$1,610 +0.1%$10,650
    2015$1,609 -1.2%$10,650
    2014$1,629 -30.4%$10,650 -47.2%
    2009$2,340 $20,166 +55.6%
    2007-- $12,964 +9%
    2006-- $11,895 -39.7%
    2005-- $19,713 +16.5%
    2004-- $16,918 +27%
    2003-- $13,325 +3.3%
    2001-- $12,894 -3.3%
    2000-- $13,334 +2.9%
    1999-- $12,953

    Find assessor info on the county website

    Neighborhood: Coronado Haskell

    Nearby schools

    GreatSchools rating
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