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517 Palm Street, ROCKFORD, IL 61103

Key Facts

7Beds
1900Year Built
2Stories

Description

6 Family building, 2-2 bedroom units, 1 studio, 3-1 bedroom apartments. Tenants pay gas & electric, owner pays water, sewer, & trash. All appliances stay. 4 currently rented with leases. 1 tenant moving in mid-may & 1 vacant. Vinyl siding, most apartments have been updated with paint & flooring in the last 2 years.

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Style

2 Story

Year Built

1900

Stories

2

Days on Market

44

MLS® Listing#

202602737

Property Features

Appliances

RefrigeratorGas Water Heater

Basement

Full

Roof

Shingle

Schools

Elementary:
Ellis Arts Academy
Middle:
West Middle
High:
Auburn High
District:
Rockford 205

Financial Details

Annual Taxes

$3,582

Tax year 2024

Parcel Number

1123154009

Affordability Calculator

$72,000

Estimated monthly payment

$1,916/mo

Principal $288,000 · Est. interest $401,786 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in ROCKFORD, IL

$216,541
Median Listing Price
25
Median Days on Market
1,567
Median Sq Ft
$124
Median Price / Sq Ft
322
Active Listings
  • This home’s price is 66% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in ROCKFORD, IL.

Location

  • 517 Palm Street, ROCKFORD, IL 61103

Points of Interest in ROCKFORD, IL

Showing the ROCKFORD area map.

Nearby Schools

  • Haskell Academy

    Elementary · 0.2 mi away

  • Roosevelt Community Education Center

    Secondary · 0.4 mi away

  • All Saints Catholic Academy

    School · 0.6 mi away

  • Cathedral of St Peter

    School · 0.8 mi away

  • St Peter Grade School

    School · 0.8 mi away

  • Ellis Elementary School

    Elementary · 1.0 mi away

  • West Middle School

    Secondary · 1.1 mi away

  • Rockford Public Schools

    Secondary · 1.2 mi away

  • Jackson Charter School

    Elementary · 1.2 mi away

  • Jackson Elementary School

    Elementary · 1.2 mi away

  • Lewis Lemon Elementary School

    Elementary · 1.2 mi away

  • Rockford School District 205

    School · 1.3 mi away

  • RK Welsh Elementary School

    Elementary · 1.3 mi away

  • King Elementary School

    Elementary · 1.3 mi away

  • Kishwaukee Elementary School

    Elementary · 1.3 mi away

  • St Bernadette Catholic School

    School · 1.4 mi away

  • Lincoln Middle School

    Secondary · 1.5 mi away

  • Washington Elementary School

    Elementary · 1.5 mi away

  • Summerdale Early Childhood Center

    School · 1.7 mi away

  • Barbour Elementary School

    Elementary · 1.7 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
712 N Court Street, ROCKFORD, IL$300,0006
712 N Court Street, Rockford, IL$300,00064
820 Cottage Grove Avenue, ROCKFORD, IL$460,0008

Moving Cost Estimate

EXIT Agents in ROCKFORD

Presented by: Lindsay Moore

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the NorthWest Illinois Alliance of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 NorthWest Illinois Alliance of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by RockfordIL. MLS® Listing#202602737. © 2026EXIT Realty®. All rights reserved.