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Sold for $192,000
  • $192,000

    515 Grove St, Rockford, IL 61104

    --beds
    --baths
    2,141sqft
    2 Units
    Built in 1900
    -- sqft lot
    $190,400 Zestimate®
    $90/sqft
    $1,173 Estimated rent

    Home value

    $190,400

    $181,000 - $200,000

    $1,173/mo

    Zestimate® history
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    $1,173/mo

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    $1,489/mo

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    $1,489/mo

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    What's special

    Lower-level laundryClean updated living spacesAdditional storageDriveway plus on-street parkingNew roof
    Beautifully restored two-family located in the desirable Haight Village Historic District! This well-maintained investment property features numerous updates, including newer electric, plumbing, and heating systems, along with a new roof and central air added to both units. The exterior has been recently painted and rear steps have been completely rebuilt, while both units have been refreshed inside, offering clean, updated living spaces for tenants. Property includes separate utilities for each unit, along with lower-level laundry and additional storage, making management efficient and tenant-friendly. Driveway plus on-street parking provides convenient options for tenants. Fully rented with strong, stable income, lower unit at $1,150/month and upper unit at $1,000/month, both on year-long leases. Ideally located close to downtown Rockford, offering easy access to shopping, dining, entertainment, and nightlife. Excellent opportunity for investors seeking a turnkey, income-producing property in a historic and desirable location. Don’t miss this opportunity! Fireplace never used by current owner, fireplace sold as is.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bobby Walsh 773-551-2366,

    Dickerson & Nieman

    Bought with:

    Penny Hansen, 475104159

    Century 21 Affiliated

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202602228MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Oven, Gas Water Heater
    Features
    • Basement: Full
    Interior area
    • Total structure area: 2,141
    • Total interior livable area: 2,141 sqft
    • Finished area above ground: 2,141
    • Finished area below ground: 0

    Property

    Features
    • Levels: Two
    • Stories: 2
    Details
    • Parcel number: 1126134006

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Units
    Materials
    • Wood
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Rockford
    • Subdivision: IL

    Price history

    DateEventPrice
    5/8/2026Sold$192,000+1.1%$90/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202602228 Report a problem
    4/24/2026Pending sale$190,000$89/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202602228 Report a problem
    4/22/2026Listed for sale$190,000+83.6%$89/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202602228 Report a problem
    1/31/2022Sold$103,500-5%$48/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202200271 Report a problem
    1/22/2022Pending sale$109,000$51/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202200271 Report a problem
    1/20/2022Listed for sale$109,000+100%$51/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202200271 Report a problem
    9/27/2006Sold$54,500-38.2%$25/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #200677400 Report a problem
    4/6/2006Sold$88,230+29.8%$41/sqft
    Source: Public Record Report a problem
    6/6/2002Sold$68,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,182 +3.5%$23,023 +13.4%
    2023$2,108 +15.7%$20,301 +27.3%
    2022$1,822 $15,949 +369.1%
    2021-- $3,400 +5.8%
    2020$413 +0.7%$3,214 +4.9%
    2019$410 -0.4%$3,063 +6.1%
    2018$412 +0.5%$2,887 +4.5%
    2017$410 $2,763 +1.9%
    2016$410 +0.1%$2,711
    2015$410 -1.2%$2,711 +0%
    2014$415 +4%$2,710 -21.1%
    2009$399 $3,436 -87.8%
    2007-- $28,065 +7%
    2006-- $26,241 +4.8%
    2005-- $25,051 +5.5%
    2004-- $23,741 +14.3%
    2003-- $20,779 +3.3%
    2001-- $20,107 +3.6%
    2000-- $19,403
    1999-- $19,403

    Find assessor info on the county website

    Neighborhood: 61104

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $190,400
    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
    $190,400