Great Investment with passive income and the tenants literally buy the property for you. Potential annual income $28,800 . 100% Occupied. All 4 units are identical including 2 bedrooms, 1 bath and a separate private basement for each unit with laundry hookups. This 4 unit apartment building features all brick exterior, complete roof tear off and re-roof in 2018, newer vinyl windows throughout in 2015 and the 4 furnaces have been updated, Each unit has separate utilities. Owner pays water, sewer and garbage. One washer & dryer set included.
Sold for $155,000
$155,000
715 S 5th St, Rockford, IL 61104
8beds
2,900sqft
MultiFamily
Built in 1967
-- sqft lot
$275,200 Zestimate®
$53/sqft
$-- Estimated rent
Home value
$275,200
$245,000 - $308,000
Not available
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Gas
Cooling
- Wall
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Hardwood
- Basement: Partially finished
Interior area
- Total interior livable area: 2,900 sqft
Property
Parking
- Parking features: Off-street, On-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: Park, City
Lot
- Size: 0.25 Acres
Details
- Parcel number: 1126264012
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Roof: Shake / Shingle
Condition
- Year built: 1967
Community & HOA
Location
- Region: Rockford
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $156,522
- Annual tax amount: $4,606
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Sold | $155,000$53/sqft |
Source: Public Record Report a problem | ||
| 7/15/2022 | Sold | $155,000+6.9%$53/sqft |
Source: | ||
| 5/16/2022 | Pending sale | $145,000$50/sqft |
Source: | ||
| 5/12/2022 | Listed for sale | $145,000$50/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,606 +3.8% | $52,174 +11.4% |
| 2024 | $4,437 +3.5% | $46,822 +13.4% |
| 2023 | $4,287 +1.7% | $41,286 +11.9% |
| 2022 | $4,216 | $36,902 +9.1% |
| 2021 | -- | $33,836 +5.8% |
| 2020 | $4,113 +0.7% | $31,988 +4.9% |
| 2019 | $4,084 -0.4% | $30,488 +6.1% |
| 2018 | $4,100 +0.5% | $28,733 +4.5% |
| 2017 | $4,080 | $27,498 +1.9% |
| 2016 | $4,080 +0.1% | $26,982 |
| 2015 | $4,076 -1.2% | $26,982 0% |
| 2014 | $4,127 -22.3% | $26,984 -41% |
| 2009 | $5,310 | $45,762 +6.8% |
| 2007 | -- | $42,843 +10.3% |
| 2006 | -- | $38,834 +4.8% |
| 2005 | -- | $37,073 +5.5% |
| 2004 | -- | $35,134 +7% |
| 2003 | -- | $32,830 +3.3% |
| 2001 | -- | $31,769 -2.6% |
| 2000 | -- | $32,618 |
| 1999 | -- | $32,618 |
Find assessor info on the county website
Neighborhood: Midtown
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Nearby schools
GreatSchools rating
- 2/10Constance Lane Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Abraham Lincoln Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Rockford East High SchoolGrades: 9-12Distance: 1.8 mi
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- Illinois
- Winnebago County
- Rockford
- 61104
- Midtown
- 715 S 5th St