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Rockford 61103 Northwest
1226 Halsted Road
$150,000
● House - Off Market

1226 Halsted Road

Rockford, IL 61103
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$1,053
Est. Monthly
18.13%
Cap Rate

About This Property

Welcome Home to 1226 Halsted Road! This home features 3 Bedrooms/1.1 Bathrooms, 2 car attached garage, and approximately 2,000 square feet! Property is owned by the US Department of HUD. Case #137-580883. Seller makes no representations or warranties as to property condition. Seller may contribute to buyer's closing costs, upon buyer request at time of bid. SOLD AS-IS. Equal Housing Opportunity.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$69
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1929

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 13
  • Exterior Walls Type: 24
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 701
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0
  • Location Influence Type: 53

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 3,101
  • Gross Building Area: 3,101
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HALSTED PK
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: HALSTED PK BNG SUB PT NE 1/4 SEC 11-44-1 E 3RD P M LOTS 5 + 006 BLOCK 002

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003606

Zoning

  • Zoning: R1

Geography

  • Account Number: 191A014
  • Parcel: 11-11-227-001
  • Block: 002
  • Lot: 5,006
  • Meridian: SEC 11 TWN 44 RANGE 1
  • Municipality: ROCKFORD
  • Latitude: 42.3101
  • Longitude: -89.0796

    Address

  • Full Address: 1226 Halsted Rd
  • Address - House Number: 1226
  • Address - Street Name: Halsted
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: C021
  • 4-Digit Zip Code: 3009
  • Zip Code: 61103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $205,655
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 200,144
  • High Value: 246,691
  • Low Value: 153,597

    Market Valuation

  • Market Total Value: $117,651
  • Market Land Value: $22,251
  • Market Improvement Value: $95,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,217
  • Assessed Land Value: $7,417
  • Assessed Improvements Value: $31,800

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2008
  • Current Sale Recording Date: Aug 21, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 839705
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest

Stats & Trends

Median Asking:

$140,000

Sale Price/ft²

$104

Below Asking

0.02%

Average Days on Market

45

Average Home Size

1578 ft²

Average Home Age

87.8 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Frank Rusin, Four Seasons Realty, Inc.
Data Source: MRED, MLS# MRD12317561
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1226 Halsted Road built and last sold?
The property at 1226 Halsted Road was built in 1929 and last sold on Aug 21, 2008 for $199,000.
How much is this home worth?
The estimated value of the home located at 1226 Halsted Road is $0.
What are some comparable homes to 1226 Halsted Road?
There are currently no comparable homes to 1226 Halsted Road.
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