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Off market
  • $356,500

    5820 Garrett Ln, Rockford, IL 61107

    8beds
    3,450sqft
    MultiFamily
    Built in 1966
    -- sqft lot
    $356,500 Zestimate®
    $103/sqft
    $1,498 Estimated rent

    Home value

    $356,500

    $324,000 - $389,000

    $1,498/mo

    Zestimate® history
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    $2,610/mo

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    $2,610/mo

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    What's special

    ts Great investment property with 4 units always rented to capacity. All brick building with detached 5 car garage on alley. Garage has brand new roof & siding! Sizeable units all freshly painted. Long-term tenants. Two basements shared by 2 units each, and each basement has washer & dryer hook-ups. Three units have 1 garage space with 1 extra space available for 1 unit. Great ROI.

    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: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Flooring: Carpet
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,450 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 1221427011

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • brick
    • Roof: Asphalt
    Condition
    • Year built: 1966

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Rockford

    Financial & listing details

    • Price per square foot: $103/sqft
    • Tax assessed value: $246,048
    • Annual tax amount: $7,772

    Price history

    DateEventPrice
    10/27/2017Sold$162,500-3.2%$47/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #201702345 Report a problem
    9/15/2017Pending sale$167,900$49/sqft
    Source: Rockford #201702345 Report a problem
    9/5/2017Price change$167,900-4%$49/sqft
    Source: Rockford #201702345 Report a problem
    4/28/2017Listed for sale$174,900-0.1%$51/sqft
    Source: Keller Williams Realty Signature #09609760 Report a problem
    2/13/2013Listing removed$175,000$51/sqft
    Source: Signature Real Estate Brokerage, LLC #73384 Report a problem
    1/12/2013Price change$175,000-2.8%$51/sqft
    Source: Signature Real Estate Brokerage, LLC #73384 Report a problem
    10/23/2012Listed for sale$180,000$52/sqft
    Source: Signature Real Estate Brokerage, LLC #73384 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,772 +3.5%$82,016 +13.4%
    2023$7,509 +1.7%$72,318 +11.9%
    2022$7,385 $64,639 +9.1%
    2021-- $59,269 +5.8%
    2020$7,205 +0.7%$56,031 +4.9%
    2019$7,154 +9.6%$53,403 +16.8%
    2018$6,525 +101%$45,723 +4.5%
    2017$3,246 $43,758 +1.9%
    2016$3,246 -50%$42,938
    2015$6,486 -1.2%$42,938 0%
    2014$6,568 -6.9%$42,942 -36.5%
    2009$7,057 $67,576 +3.6%
    2007-- $65,234 +10.4%
    2006-- $59,075 +4.8%
    2005-- $56,396 +5.5%
    2004-- $53,446 +2.2%
    2003-- $52,296 +3.3%
    2001-- $50,606 +1%
    2000-- $50,105 +1.6%
    1999-- $49,295
    Find assessor info on the county website

    Neighborhood: 61107

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brookview Elementary School
    • Middle: EISENHOWER MIDDLE SCHOOL
    • High: Guilford High
    • District: Rockford 205

    Source: The MLS. 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
    $356,500
    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
    $356,500