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Sold for $405,000
  • $405,000

    551 Donna Dr, Rockford, IL 61107

    --beds
    --baths
    3,950sqft
    3 - 4 Units
    Built in 1965
    -- sqft lot
    $421,800 Zestimate®
    $103/sqft
    $1,354 Estimated rent

    Home value

    $421,800

    $401,000 - $443,000

    $1,354/mo

    Zestimate® history
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    What's special

    All brickCentral air conditioningExpansive parking areaGas-forced-air heatingTenant-owned washers and dryersNew carpeting
    Step into a prime investment opportunity in the heart of Rockford with this meticulously maintained 4-family ranch-style property. All brick, this four-unit boasts an impressive design perfect for savvy investors or those seeking to expand their portfolio. Each unit has been thoughtfully updated, featuring new carpeting that enhances the cozy and inviting atmosphere while remaining easy to maintain. Comfort is guaranteed year-round, with gas-forced-air heating and central air conditioning in each apartment, ensuring tenant satisfaction no matter the season. Modern conveniences are at your fingertips: tenant-owned washers & dryers and washer and dryer hookups in the basement. The expansive parking area allows ample space for all residents’ vehicles, promoting an attractive living arrangement in a bustling rental market. Strategically positioned near local amenities, including shops, restaurants, and public transit routes, it offers unmatched accessibility for lifestyle needs. Whether you're looking to capitalize on income potential or provide excellent housing options within the community, this multi-family gem stands out as a first-rate choice. Don’t miss your chance to own this exceptional property where every detail caters to comfort and profitability! Each tenant has access to 1 car parking space in the detached garage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Niemczyk 815-871-2100,

    Door To Door Realty

    Bought with:

    Alan Huston, 471009395

    Riverside Realty, Inc.

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202601623MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Stove/Cooktop, Gas Water Heater
    • Laundry: In Unit
    Features
    • Basement: Full
    Interior area
    • Total structure area: 3,950
    • Total interior livable area: 3,950 sqft
    • Finished area above ground: 3,950
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Additional Parking
    • Garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    Details
    • Parcel number: 1221428003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 - 4 Units
    Materials
    • Brick/Stone
    • Roof: Shingle
    Condition
    • Year built: 1965

    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: $103/sqft
    • Tax assessed value: $275,376
    • Annual tax amount: $8,699
    • Price range: $405K - $405K
    • Date on market: 3/25/2026
    • Cumulative days on market: 7 days
    • Listing terms: 1031 Exchange

    Price history

    DateEventPrice
    5/8/2026Sold$405,000-5.8%$103/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202601623 Report a problem
    4/11/2026Pending sale$430,000$109/sqft
    Source: MRED as distributed by MLS GRID #12598802 Report a problem
    4/4/2026Listed for sale$430,000$109/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202601623 Report a problem
    3/27/2026Contingent$430,000$109/sqft
    Source: MRED as distributed by MLS GRID #12598802 Report a problem
    3/27/2026Pending sale$430,000$109/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202601623 Report a problem
    3/25/2026Listed for sale$430,000+77.3%$109/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202601623 Report a problem
    5/3/2021Sold$242,500-8.5%$61/sqft
    Source: Public Record Report a problem
    1/5/2021Pending sale$265,000$67/sqft
    Source: MRED as distributed by MLS GRID #10854161 Report a problem
    1/1/2021Listing removed--
    Source: Berkshire Hathaway HomeServices Report a problem
    10/8/2020Price change$265,000-3.6%$67/sqft
    Source: Berkshire Hathaway HomeServices Crosby Starck RE #202005130 Report a problem
    9/10/2020Listed for sale$275,000$70/sqft
    Source: Berkshire Hathaway HomeServices Crosby Starck RE #202005130 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,699 +3.5%$91,792 +13.4%
    2023$8,404 +1.7%$80,938 +11.9%
    2022$8,266 $72,344 +9.1%
    2021-- $66,334 +5.8%
    2020$8,064 +0.7%$62,710 +4.9%
    2019$8,007 +9.8%$59,769 +16.9%
    2018$7,294 +0.5%$51,115 +4.5%
    2017$7,258 $48,918 +1.9%
    2016$7,258 +0.1%$48,001
    2015$7,251 -1.2%$48,001 0%
    2014$7,342 -6.6%$48,005 -36.2%
    2009$7,859 $75,257 +3.6%
    2007-- $72,662 +10.6%
    2006-- $65,708 +4.8%
    2005-- $62,728 +5.5%
    2004-- $59,447 +2.1%
    2003-- $58,241 +3.3%
    2001-- $56,359 +1%
    2000-- $55,801 +1.6%
    1999-- $54,913
    Find assessor info on the county website

    Neighborhood: 61107

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brookview Elementary
    • Middle: Eisenhower Middle
    • High: Guilford 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
    $421,800
    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
    $421,800