1530 Chestnut St · Rockford, IL 61102

$138,900

3 bd · 1.5 ba · 1,640 sqft · SingleFamily public records · 60 Days on market

Built 1911 7,841 sqft lot Est $108k · 28% over

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.7/30.0
• DSCR +8.0/10.0
• 1% rule +5.9/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.2/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

Key facts

• Large back yard
• Cement driveway
• Vinyl plank flooring

Tags

• INTEGRATED LED LIGHTING
• CEMENT DRIVEWAY
• STAINLESS STEEL KITCHEN SINK
• LAMINATE COUNTER TOPS
• VINYL PLANK FLOORING
• LARGE BACK YARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $289 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $139k).
• Recommended offer: $135k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 6.1% in Rockford — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 62/100 on livability (#876 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Rockford SD 205 (urban): math 12% / reading 16% proficiency, ranked #533 of 620 in IL (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Ellis Elementary School (math 2% / reading 2%, grade F, #1,927 of 2,056 statewide, top 100%, 401 students, 0% FRL); Thurgood Marshall School (math 82% / reading 82%, grade A+, #1 of 665 statewide, top 0%, 482 students, 0% FRL); Auburn High School (math 26% / reading 32%, grade F, #210 of 693 statewide, top 30%, 1,936 students, 0% FRL) — zoned schools average 0% FRL vs 73% district-wide (73 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 38% at this address vs 14% district-wide (+24 pts) — the actual schools serving this property are materially stronger than the Rockford SD 205 average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 72 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 285 units permitted in Winnebago County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $960 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Winnebago County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 60 days — a 3% lower offer ($135k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 12y ago; this cycle's ask is 8861% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $120k; 16% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1911 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $134,733 (3.0% below list)

Questions for the listing agent

1. It's been on market 60 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1911 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.09% ✓
• Cap rate: 8.79%
• Cash-on-cash: 8.93%
• DSCR: 1.40
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $108,240
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1227 Chestnut St	0.26mi	3/1.5	1,611 (-2%)	3mo	$92,000	$57	82
407 Forest Ave	0.47mi	3/1.0	1,621 (-1%)	7mo	$57,000	$35	69
1332 School St	0.51mi	3/2.0	1,678 (+2%)	7mo	$60,000	$36	64
418 Oakley Ave	0.42mi	3/1.0	1,800 (+10%)	1mo	$57,500	$32	61
303 Forest Ave	0.39mi	4/1.0 (+1)	1,568 (-4%)	8mo	$103,000	$66	60
410 Oakley Ave	0.40mi	3/1.0	1,440 (-12%)	5mo	$105,000	$73	55
417 Oakley Ave	0.41mi	4/2.0 (+1)	1,456 (-11%)	0mo	$38,000	$26	55
438 N Hinkley Ave	0.47mi	4/1.0 (+1)	1,536 (-6%)	8mo	$125,000	$81	54
2306 Andrews St	0.62mi	4/2.0 (+1)	1,800 (+10%)	3mo	$115,000	$64	46
2408 Elm St	0.57mi	4/2.0 (+1)	1,460 (-11%)	6mo	$150,000	$103	43
718 N Central Ave	0.70mi	3/1.5	1,432 (-13%)	6mo	$127,840	$89	42
2015 School St	0.59mi	4/2.0 (+1)	1,465 (-11%)	8mo	$125,000	$85	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -2.8%
• Equity multiple: 0.89×
• Total profit: $-4,088
• Equity at exit: $20,710

10-year hold

• IRR: 6.9%
• Equity multiple: 1.52×
• Total profit: $20,138
• Equity at exit: $12,010

Cash invested: $38,892 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 61102

• Home prices YoY: -33.1%
• Active inventory: 72
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,518 high
• Mortgage (P&I): −$728
• Tax from tax record: −$124 /mo · $1,487/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $289

Break-even live

Break-even rent $1,152

Max offer price $138,900

Occupancy floor 76%

Sensitivity live

Price	-10% $368	-5% $329	+0% $289	+5% $250	+10% $211
Rent	-10% $169	-5% $229	+0% $289	+5% $349	+10% $409
Rate	-1.0pp $359	-0.5pp $325	base $289	+0.5pp $253	+1.0pp $217

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $34,725
• Closing costs: $4,167
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
207 N Central Ave Rockford, IL	4.0	1.5	1296	$1,500	$1.16	14d	1	0.26mi
303 Forest Ave Rockford, IL	4.0	1.0	1568	$1,800	$1.15	45d	1	0.38mi
418 Orchard Park Rockford, IL	3.0	1.0	1232	$1,500	$1.22	14d	1	0.41mi
1510 School St Unit 1 Rockford, IL	3.0	1.5	1400	$1,200	$0.86	45d	1	0.47mi
2315 Green St Rockford, IL	3.0	1.0	1290	$1,600	$1.24	45d	1	0.56mi
2403 Elm St Rockford, IL	2.0	1.0	1373	$1,400	$1.02	14d	1	0.57mi
2403 Elm St Rockford, IL	2.0	1.0	1373	$1,400	$1.02	45d	1	0.57mi
2222 Andrews St Rockford, IL	4.0	1.0	1400	$1,600	$1.14	14d	1	0.61mi
1146 Fairview Ave Rockford, IL	4.0	1.5	1344	$1,250	$0.93	22d	1	0.69mi
2916 School St Rockford, IL	3.0	1.5	1578	$2,400	$1.52	45d	1	1.01mi
1248 Ferguson St #2 Rockford, IL	2.0	1.0	1200	$1,200	$1.00	14d	1	1.02mi
1221 S Court St Rockford, IL	2.0	1.0	1170	$1,350	$1.15	45d	1	1.07mi
3016 School St Rockford, IL	4.0	1.0	1090	$1,400	$1.28	45d	1	1.07mi
728 N Winnebago St Rockford, IL	4.0	1.0	1250	$1,600	$1.28	14d	1	1.11mi
1229 S Church St Unit 2 Rockford, IL	3.0	1.0	1096	$1,300	$1.19	45d	1	1.13mi
1617 Vermont St Rockford, IL	2.0	1.0	1375	$1,325	$0.96	45d	1	1.13mi
901 N Horace Ave Rockford, IL	3.0	2.0	1400	$1,700	$1.21	14d	1	1.14mi
2422 Benderwirt Ave Unit 2422-1 Rockford, IL	2.0	1.0	1150	$1,025	$0.89	45d	1	1.29mi
922 N Church St Rockford, IL	2.0	2.0	1150	$1,450	$1.26	45d	1	1.40mi
913 N Main St Rockford, IL	2.0	1.0–2.0	1050	$2,300	$2.19	22d	1	1.47mi

Listing history 33 events

1. 2026-02-12
   historical $1,400
2. 2026-01-29
   price $1,400
3. 2025-12-26
   soldstatus $120,000
4. 2025-12-25
   listed $1,550
5. 2025-12-22
   soldstatus $120,000 Closed 994-char remark

   Show marketing remark (994 chars)

   Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

6. 2025-12-10
   status Pending

   Show marketing remark (994 chars)

   Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

7. 2025-12-10
   status Pending 994-char remark

   Show marketing remark (994 chars)

   Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

8. 2025-12-03
   price $138,900

   Show marketing remark (994 chars)

   Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

9. 2025-12-03
   price $138,900 994-char remark

   Show marketing remark (994 chars)

   Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

10. 2025-11-25
    price $144,000

    Show marketing remark (994 chars)

    Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

11. 2025-11-25
    price $144,900 994-char remark

    Show marketing remark (994 chars)

    Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

12. 2025-11-15
    price $149,000 994-char remark

    Show marketing remark (994 chars)

    Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

13. 2025-11-15
    price $149,000

    Show marketing remark (994 chars)

    Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

14. 2025-11-04
    price $159,900 994-char remark

    Show marketing remark (994 chars)

    Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

15. 2025-11-04
    price $159,900

    Show marketing remark (994 chars)

    Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

16. 2025-10-27
    price $169,900 994-char remark

    Show marketing remark (994 chars)

    Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

17. 2025-10-23
    listed $1,699,001 Active 994-char remark

    Show marketing remark (994 chars)

    Large and energy efficient 3 bedrooms and 1.5 bathrooms with 4th bonus room as a dormer on the upper level. The home has a new roof, new windows, new floors, and new water heater. The kitchen is fully updated, as well as both bathrooms. Fresh paint throughout. Fully updated electrical service including dimmable integrated LED lighting and under cabinet lights. Finished basement provides extra square footage and is updated with insulation, drywall, and plank flooring. Laundry present. New plumbing installed and the sewer lines on this home have also been excavated and updated. Freshly graded yard. Brand new concrete 60 ft driveway providing ample off street parking. Turn the key and move in or rent it out. Was rented for $1450 per month for the last two years before updates. Across from the backside of an elementary school with minimal traffic and a public bike path behind. Solid foundation, New septic, Quiet street, Laundry, Off street parking, Finished basement, Aluminum siding

18. 2025-10-12
    listed $169,900 Active
19. 2023-10-30
    soldstatus $70,000
20. 2023-10-20
    soldstatus $70,000 Closed 417-char remark

    Show marketing remark (417 chars)

    Renovated, newly updated property just hit the market!! 3 bedrooms + bonus room or 4th bedroom with new full bath with large tub and tile surrounding. New flooring in all bedrooms and in the great room. The kitchen includes a refrigerator and stove, fresh paint throughout, and wood & tile flooring in the dining room area. Located across the street from a school. Hurry and set up a showing before it's gone!!

21. 2023-10-20
    soldstatus $70,000 Closed

    Show marketing remark (417 chars)

    Renovated, newly updated property just hit the market!! 3 bedrooms + bonus room or 4th bedroom with new full bath with large tub and tile surrounding. New flooring in all bedrooms and in the great room. The kitchen includes a refrigerator and stove, fresh paint throughout, and wood & tile flooring in the dining room area. Located across the street from a school. Hurry and set up a showing before it's gone!!

22. 2023-09-20
    status Pending 417-char remark

    Show marketing remark (417 chars)

    Renovated, newly updated property just hit the market!! 3 bedrooms + bonus room or 4th bedroom with new full bath with large tub and tile surrounding. New flooring in all bedrooms and in the great room. The kitchen includes a refrigerator and stove, fresh paint throughout, and wood & tile flooring in the dining room area. Located across the street from a school. Hurry and set up a showing before it's gone!!

23. 2023-09-20
    status Pending

    Show marketing remark (417 chars)

    Renovated, newly updated property just hit the market!! 3 bedrooms + bonus room or 4th bedroom with new full bath with large tub and tile surrounding. New flooring in all bedrooms and in the great room. The kitchen includes a refrigerator and stove, fresh paint throughout, and wood & tile flooring in the dining room area. Located across the street from a school. Hurry and set up a showing before it's gone!!

24. 2023-08-31
    listed $75,000 Active 417-char remark

    Show marketing remark (417 chars)

    Renovated, newly updated property just hit the market!! 3 bedrooms + bonus room or 4th bedroom with new full bath with large tub and tile surrounding. New flooring in all bedrooms and in the great room. The kitchen includes a refrigerator and stove, fresh paint throughout, and wood & tile flooring in the dining room area. Located across the street from a school. Hurry and set up a showing before it's gone!!

25. 2023-08-31
    listed $75,000 Active

    Show marketing remark (417 chars)

    Renovated, newly updated property just hit the market!! 3 bedrooms + bonus room or 4th bedroom with new full bath with large tub and tile surrounding. New flooring in all bedrooms and in the great room. The kitchen includes a refrigerator and stove, fresh paint throughout, and wood & tile flooring in the dining room area. Located across the street from a school. Hurry and set up a showing before it's gone!!

26. 2014-04-28
    soldstatus $10,800 Closed Sale
27. 2014-04-21
    status Pending
28. 2014-04-04
    historical
29. 2014-03-18
    price $10,499 Price Change
30. 2014-02-13
    price $12,375 Price Change
31. 2014-01-07
    listed $14,900 New
32. 2004-06-04
    soldstatus $40,000
33. 2002-11-14
    soldstatus $33,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $1,487 · $124/mo
• Projected year-2 tax: $2,320 · $193/mo
• Expected delta: +$833/yr (+$69/mo · 56.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 2/10 Low 7 d/yr ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,220
• − Mortgage interest: −$7,781
• − Property taxes: −$1,487
• − Insurance: −$694
• − Repairs & maintenance: −$1,458
• − Management: −$1,458
• − Depreciation: −$4,041
• Taxable income: $1,303
• Est. tax owed @ 24.0%: −$313
• After-tax cash flow: $3,159/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Rockford SD 205
• NCES district ID: 1734510
• Math proficiency: 12% ▼ -2.00%
• Reading proficiency: 16% ▼ -3.00%
• Median HH income: $42,533
• Composite: 12.21/100
• National rank: #9649
• State rank: #533 of 620 in IL

Livability — Rockford

• Score: 62/100
• State rank: #876
• US rank: #17035

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Rockford, IL
• City population: 147,297
• Population (ZIP): 16,620

Population outlook (Winnebago County) Hauer SSP2

• Today (2025): 271,080 people
• By 2030: 260,684 · -3.8%
• By 2040: 238,405 · -12.1%
• By 2050: 216,129 · -20.3%
• By 2075: 172,882 · -36.2%
• By 2100: 135,336 · -50.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: White 36% Black 33% Hispanic / Latino 25% Two or more races 15%
• Hispanic origin (detail): Mexican 23%
• Common ancestry: Portuguese 2% Iranian 1% Romanian 1%
• Foreign-born: 9% · Canada
• Languages at home: 81% English-only · Spanish 18%

Political lean MEDSL · Winnebago

• 2024 margin: Toss-up / Even · D 49.5% · R 49.0% · Other 1.5%
• 2008→2024 swing: -12.2pp toward R · 2008: 12.8pp · 2024: 0.6pp
• All cycles: 2024: D+0.6 2020: D+2.5 2016: R+1.2 2012: D+5.7 2008: D+12.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -93.81%
• Current HPI: 189.9634
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

-95.8% since first listed

33 events — show timeline

• 2026-02-12 Rental Removed $1,400 SHOWMOJO
• 2026-01-29 Price Changed $1,400 SHOWMOJO
• 2025-12-26 Sold (Public Records) $120,000 Public Records
• 2025-12-25 Listed for Rent $1,550 SHOWMOJO
• 2025-12-22 Sold (MLS) $120,000 MRED as Distributed by MLS Grid
• 2025-12-10 Pending — NWIAR
• 2025-12-10 Pending — MRED as Distributed by MLS Grid
• 2025-12-03 Price Changed $138,900 NWIAR
• 2025-12-03 Price Changed $138,900 MRED as Distributed by MLS Grid
• 2025-11-25 Price Changed $144,000 NWIAR
• 2025-11-25 Price Changed $144,900 MRED as Distributed by MLS Grid
• 2025-11-15 Price Changed $149,000 MRED as Distributed by MLS Grid
• 2025-11-15 Price Changed $149,000 NWIAR
• 2025-11-04 Price Changed $159,900 MRED as Distributed by MLS Grid
• 2025-11-04 Price Changed $159,900 NWIAR
• 2025-10-27 Price Changed $169,900 MRED as Distributed by MLS Grid
• 2025-10-23 Listed $1,699,001 MRED as Distributed by MLS Grid
• 2025-10-12 Listed $169,900 NWIAR
• 2023-10-30 Sold (Public Records) $70,000 Public Records
• 2023-10-20 Sold (MLS) $70,000 MRED as Distributed by MLS Grid
• 2023-10-20 Sold (MLS) $70,000 NWIAR
• 2023-09-20 Pending — NWIAR
• 2023-09-20 Pending — MRED as Distributed by MLS Grid
• 2023-08-31 Listed $75,000 MRED as Distributed by MLS Grid
• 2023-08-31 Listed $75,000 NWIAR
• 2014-04-28 Sold (MLS) $10,800 MRED as Distributed by MLS Grid
• 2014-04-21 Pending — MRED as Distributed by MLS Grid
• 2014-04-04 Listing Removed — MRED as Distributed by MLS Grid
• 2014-03-18 Price Changed $10,499 MRED as Distributed by MLS Grid
• 2014-02-13 Price Changed $12,375 MRED as Distributed by MLS Grid
• 2014-01-07 Listed $14,900 MRED as Distributed by MLS Grid
• 2004-06-04 Sold (Public Records) $40,000 Public Records
• 2002-11-14 Sold (Public Records) $33,000 Public Records

Property tax history

-0.2%/yr

Latest (2024): $1,487 · +3.5% YoY. Source: county tax records.