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Rockford 61101 Northwest
516 Chisholm Trail
$80,000
● House - Off Market

516 Chisholm Trail

ROCKFORD, IL 61101
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$169,497
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Beautifully renovated bi-level ready to move-in. New roof on house and garage, New furnace & central air, all stainless steel appliances.  New windows, New flooring. Too much to list. The garage is 20x30 with all new drywall. Seller is also giving a one year Home Warranty through Universal Home Protection. This home will not last long.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$87
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1971

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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 #09574125)

Price History

Date / Event Date Event Price
May 10, 2017 Sold
Premium
Sold
Mar 22, 2017 Listed by Century 21 Affiliated $104,900
Listed by Century 21 Affiliated

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • 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: 2
  • Basement Area: 762
  • Parking Type: 1
  • Garage Type: 4
  • Garage Square Area: 600
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 680
  • Total Building Area: 2,074
  • Gross Building Area: 2,074
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTERN HILLS SUB 1
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 31
  • Legal Description 1: WESTERN HILLS SUB 1 SE 1/4 SEC 17-44-135-6 LOT 016

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 002301

Zoning

  • Zoning: R1

Geography

  • Account Number: 197D026
  • Parcel: 11-17-452-013
  • Lot: 016
  • Meridian: SEC 17 TWN 44 RANGE 135
  • Municipality: ROCKFORD
  • Latitude: 42.2818
  • Longitude: -89.1413

    Address

  • Full Address: 516 Chisholm Trl
  • Address - House Number: 516
  • Address - Street Name: Chisholm
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Rockford
  • Carrier Code: C013
  • 4-Digit Zip Code: 5018
  • Zip Code: 61101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $187,786
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 64
  • Final Value: 119,073
  • High Value: 149,099
  • Low Value: 89,048

    Market Valuation

  • Market Total Value: $67,308
  • Market Land Value: $4,797
  • Market Improvement Value: $62,511

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,436
  • Assessed Land Value: $1,599
  • Assessed Improvements Value: $20,837

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2017
  • Current Sale Recording Date: May 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
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

1207 ft²

Average Home Age

92.4 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

Rentals Near You

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MRED

Listed by: Steven Niemczyk, Century 21 Affiliated
Last Updated: 3 years ago
Data Source: MRED, MLS# 09574125
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 516 Chisholm Trail built and last sold?
The property at 516 Chisholm Trail was built in 1971 and last sold on May 10, 2017 for $80,000.
How much is this home worth?
The estimated value of the home located at 516 Chisholm Trail is $0.
What are some comparable homes to 516 Chisholm Trail?
There are currently no comparable homes to 516 Chisholm Trail.
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