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Rockford 61108 Rolling Green
2012 22nd Street
$110,000
● House - Off Market

2012 22nd Street

Rockford, IL 61108
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,143 Ft²
$808
Est. Monthly
8.42%
Cap Rate

About This Property

Nice, cozy 2 bed, 1 bath home with more room than it looks! As you step inside you are greeted by an inviting living room bathed in natural light. Super accessible galley kitchen with tons of cabinetry leading into the wonderfully large family room! Wide open basement ready for your creative touches. Plumbing for a 2ndbathroom is ready to go in the lower level. Main floor bathroom has been outfitted with new fixtures, tub surround, and toilet. A fenced yard finishes out this sweet little home!
Unit Size
1,143 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$101
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11915230)

Price History

Date / Event Date Event Price
Feb 7, 2024 Sold
Premium
Sold
Nov 2, 2023 Listed by Berkshire Hathaway HomeServices Crosby Starck Real $115,000
Listed by Berkshire Hathaway HomeServices Crosby Starck Real

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 759
  • Garage Type: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 510
  • Total Building Area: 1,902
  • Gross Building Area: 1,902
  • Building Area: 1,493
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,493
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: W C CHRISTENSENS SUNNY SLOPE SUB
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: W C CHRISTENSENS SUNNY SLOPE SUBD PT W1/2 NW 1/4 SEC 31-44-2 LOT 033

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 001700

Zoning

  • Zoning: R1

Geography

  • Account Number: 175B522
  • Parcel: 12-31-154-003
  • Lot: 033
  • Meridian: SEC 31 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.2477
  • Longitude: -89.0545

    Address

  • Full Address: 2012 22nd St
  • Address - House Number: 2012
  • Address - Street Name: 22nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rockford
  • Carrier Code: C022
  • 4-Digit Zip Code: 5744
  • Zip Code: 61108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $291,358
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1197
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 87
  • Final Value: 112,234
  • High Value: 125,673
  • Low Value: 98,795

    Market Valuation

  • Market Total Value: $76,503
  • Market Land Value: $12,075
  • Market Improvement Value: $64,428

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,501
  • Assessed Land Value: $4,025
  • Assessed Improvements Value: $21,476

    Sales

  • Current Sale Contract Date: Feb 05, 2024
  • Current Sale Recording Date: Feb 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2997
  • Previous Sale Recording Date: Oct 31, 2006
  • Previous Sale Contract Date: Oct 31, 2006
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: 27
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 Southeast

Stats & Trends

Median Asking:

$179,900

Sale Price/ft²

$128

Below Asking

0.02%

Average Days on Market

41

Average Home Size

1220 ft²

Average Home Age

80.4 years

Currently For Sale

50 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 2642 Hanson Street, Rockford, IL, 61109

$1,100 /mo

  • 2 Beds
  • 1 Bath
  • 820 ft²
2642 Hanson Street, Rockford, IL, 61109 Listing by Luis Sancho

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Catherine Fiebig, Berkshire Hathaway HomeServices Crosby Starck Real
Last Updated: 3 years ago
Data Source: MRED, MLS# 11915230
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 2012 22nd Street built and last sold?
The property at 2012 22nd Street was built in 1950 and last sold on Feb 5, 2024 for $110,000.
How much is this home worth?
The estimated value of the home located at 2012 22nd Street is $0.
What are some comparable homes to 2012 22nd Street?
There are currently no comparable homes to 2012 22nd Street.
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