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Rockford 61107 Northeast
2117 Springbrook Avenue
$160,000
● House - Off Market

2117 Springbrook Avenue

Rockford, IL 61107
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,354 Ft²
$136,850
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

THIS CUTE ALL BRICK RANCH BOASTS A FENCED IN YARD! This lovely Ranch style home has hardwood floors, living room has a wood burning fireplace and a huge picture window making the space light and bright and an area for a formal dining table. Spacious kitchen with white appliances, tons of cupboard and food prep space and a nice size table area. 3 full bedrooms, all with ceiling fans for great air flow. Finished LL with huge rec-room complete with bar area, great for family functions, a bonus room that would make a great office and an additional bathroom. 1 car attached garage. Fenced in yard.
Unit Size
1,354 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$100
Property Type
House
Property Taxes
$307
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 #11306126)

Price History

Date / Event Date Event Price
Apr 7, 2022 Sold
Premium
Sold
Jan 18, 2022 Listed by Keller Williams Realty Signature $135,000
Listed by Keller Williams Realty Signature

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 1,354
  • Garage Type: 1
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 3,072
  • Gross Building Area: 3,072
  • Building Area: 1,938
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,938
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TILTON TERRACE PLAT NO 1
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: TILTON TERRACE PLAT NO 1 PT NE 1/4 + SE 1/4 SEC 17-44-2 LOT 060

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000506

Zoning

  • Zoning: R1

Geography

  • Parcel: 12-17-254-010
  • Lot: 060
  • Meridian: SEC 17 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.2895
  • Longitude: -89.0275

    Address

  • Full Address: 2117 Spring Brook Ave
  • Address - House Number: 2117
  • Address - Street Name: Spring Brook
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Rockford
  • Carrier Code: C015
  • 4-Digit Zip Code: 1547
  • Zip Code: 61107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $388,104
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.2622
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 178,640
  • High Value: 225,494
  • Low Value: 131,786

    Market Valuation

  • Market Total Value: $126,744
  • Market Land Value: $13,182
  • Market Improvement Value: $113,562

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,248
  • Assessed Land Value: $4,394
  • Assessed Improvements Value: $37,854

    Sales

  • Current Sale Contract Date: Apr 07, 2022
  • Current Sale Recording Date: Apr 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11241
  • Previous Sale Recording Date: Apr 04, 2006
  • Previous Sale Contract Date: Apr 04, 2006
  • Previous Sale Amount: $107,500
  • 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 Northeast

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$133

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2525 ft²

Average Home Age

64 years

Currently For Sale

52 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 1127 Prestwick Parkway, Rockford, IL, 61107

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,133 ft²
1127 Prestwick Parkway, Rockford, IL, 61107 Listing by Kathy Farokhi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Toni VanderHeyden, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11306126
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 2117 Spring Brook Avenue built and last sold?
The property at 2117 Spring Brook Avenue was built in 1955 and last sold on Apr 7, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 2117 Spring Brook Avenue is $0.
What are some comparable homes to 2117 Spring Brook Avenue?
There are currently no comparable homes to 2117 Spring Brook Avenue.
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