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Rockford 61103 Northwest
2003 Jonathan Avenue
$81,000
● House - Off Market

2003 Jonathan Avenue

Rockford, IL 61103
bedrooms
3 Beds
bathrooms
1 Bath
square feet
954 Ft²
$85,534
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
Unit Size
954 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$80
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1955

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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.

Last updated: 3 years ago (MRED MLS #11226215)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Sep 22, 2021 Listed by Keller Williams Realty Signature $76,000
Listed by Keller Williams Realty Signature

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 954
  • Garage Type: 4
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,908
  • Gross Building Area: 1,908
  • Building Area: 954
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 954
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUFFMAN BLVD SUB
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: HUFFMAN BLVD SUB BNG SUB IN N1/2 OF NW1/4 SEC 11-44-1 E OF 3RD P M LOT 027 BLOCK 006

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003604

Zoning

  • Zoning: R1

Geography

  • Parcel: 11-11-128-026
  • Block: 006
  • Lot: 027
  • Meridian: SEC 11 TWN 44 RANGE 1
  • Municipality: ROCKFORD
  • Latitude: 42.3078
  • Longitude: -89.0899

    Address

  • Full Address: 2003 Jonathan Ave
  • Address - House Number: 2003
  • Address - Street Name: Jonathan
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rockford
  • Carrier Code: C027
  • 4-Digit Zip Code: 2910
  • Zip Code: 61103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $255,928
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2686
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 61
  • Final Value: 97,769
  • High Value: 124,036
  • Low Value: 71,502

    Market Valuation

  • Market Total Value: $67,200
  • Market Land Value: $11,076
  • Market Improvement Value: $56,124

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,400
  • Assessed Land Value: $3,692
  • Assessed Improvements Value: $18,708

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39713
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

44

Average Home Size

1110 ft²

Average Home Age

96.7 years

Currently For Sale

14 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

Unit for rent at 1619 Evergreen Street, Rockford, IL, 61101

$1,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,129 ft²
1619 Evergreen Street, Rockford, IL, 61101 Listing by Cristina Acevedo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Janet Churchill, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11226215
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 2003 Jonathan Avenue built and last sold?
The property at 2003 Jonathan Avenue was built in 1955 and last sold on Oct 29, 2021 for $81,000.
How much is this home worth?
The estimated value of the home located at 2003 Jonathan Avenue is $78,551.
What are some comparable homes to 2003 Jonathan Avenue?
There are currently no comparable homes to 2003 Jonathan Avenue.
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