For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Rockford 61109 CMC
4027 Old Gate Road
$165,000
● House - Off Market

4027 Old Gate Road

Rockford, IL 61109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,380 Ft²
$181,632
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Welcome Home to this 3 Bedroom, 2 Bath Home! Main level features cathedral ceilings in the Living Room, along with a main floor Master Bedroom. Eat in Kitchen features stainless steel appliances, and a slider going out to the large deck area.Upper level has two Bedrooms and a full Bathroom. Basement is unfinished, and a blank slate for you to either finish or use as a large storage area. 3 car garage is great for your cars and toys! Roof in 2019. Convenient location not far from Interstate.
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$116
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1996

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11177597)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
Aug 2, 2021 Listed by Dickerson & Nieman Realtors $160,000
Listed by Dickerson & Nieman Realtors

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 948
  • Parking Type: 1
  • Garage Type: 7
  • Garage Square Area: 640
  • Parking Space Count: 4
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,276
  • Gross Building Area: 3,276
  • Building Area: 3,276
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: JEFFERSON RIDGE NO 2 PT NE 1/4 SEC 18& PT NW1/4 SEC 17-43-2 LOT 64

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003706

Zoning

  • Zoning: R2

Geography

  • Parcel: 16-17-151-041
  • Lot: 64
  • Meridian: SEC 17 TWN 43 RANGE 2
  • Municipality: CHERRY VALLEY
  • Latitude: 42.203
  • Longitude: -89.0378

    Address

  • Full Address: 4027 Old Gate Rd
  • Address - House Number: 4027
  • Address - Street Name: Old Gate
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rockford
  • Carrier Code: R014
  • 4-Digit Zip Code: 7301
  • Zip Code: 61109

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $495,698
  • Tax Rate Code Area: 127

    Appraisal Valuation

  • Standard Deviation: 0.2403
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 197,176
  • High Value: 244,573
  • Low Value: 149,778

    Market Valuation

  • Market Total Value: $146,631
  • Market Land Value: $20,937
  • Market Improvement Value: $125,694

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,877
  • Assessed Land Value: $6,979
  • Assessed Improvements Value: $41,898

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 31715
  • Previous Sale Recording Date: Jul 25, 1997
  • Previous Sale Contract Date: Jul 25, 1997
  • Previous Sale Amount: $88,400
  • 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 CMC

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$143

Below Asking

0.03%

Average Days on Market

37

Average Home Size

1964 ft²

Average Home Age

35.1 years

Currently For Sale

0 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lynsey Faraher, Dickerson & Nieman Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11177597
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 4027 Old Gate Road built and last sold?
The property at 4027 Old Gate Road was built in 1996 and last sold on Sep 7, 2021 for $165,000.
How much is this home worth?
The estimated value of the home located at 4027 Old Gate Road is $0.
What are some comparable homes to 4027 Old Gate Road?
There are currently no comparable homes to 4027 Old Gate Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Rockford Homes for Sale
Rockford Houses for Sale
Rockford Condos for Sale
Rockford Townhouses for Sale
Rockford Multifamily for Sale
Rockford Land for Sale
Rockford Commercial for Sale
Rockford Homes with Basements
Nearby Cities
Sycamore Homes for Sale
Loves Park Homes for Sale
Belvidere Homes for Sale
Machesney Park Homes for Sale
Beloit Homes for Sale
Roscoe Homes for Sale
Lake Summerset Homes for Sale
Rockton Homes for Sale
Nearby Property Records
Winnebago County, IL Property Records
Boone County, IL Property Records
Ogle County, IL Property Records
Rock County, WI Property Records
Stephenson County, IL Property Records
McHenry County, IL Property Records
DeKalb County, IL Property Records
Walworth County, WI Property Records
Neighborhoods
Rolling Green Real Estate
Midtown Real Estate
North Highland Square Real Estate
Heron Creek Real Estate
North End Square Real Estate
Edgewater Real Estate
Jackson Oaks Real Estate
Signal Hill Real Estate
Nearby Counties
Harlem Homes for Sale
Belvidere Homes for Sale
Roscoe Homes for Sale
Beloit Homes for Sale
Cherry Valley Homes for Sale
Rockton Homes for Sale
Caledonia Homes for Sale
Byron Homes for Sale
Top Real Estate Agents
Top Agents in CMC
Top Agents in Rockford
Top Agents in Harlem
Top Agents in 61107
Top Agents in 61008
Top Agents in Sycamore
Top Agents in 61108
Top Agents in Belvidere