507 Chelsea Ave
Rockford, IL 61107
3 bd 2 ba 1,233 sqft Built 1960 Lot 9,583 sqft single_family
Most recent sale
$113,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $113,000 | MLS #11457460 |
| Jul 7, 2022 | Listed | $113,000 | MLS #11457460 |
| Jul 15, 2016 | Sold | $92,000 | MLS #09198390 |
| May 24, 2016 | Listing removed | $92,900 | NorthWestILAlliance |
| Apr 18, 2016 | Listed | $92,900 | MLS #09198390 |
| Jun 3, 2013 | Sold | $88,000 | MLS #08322315 |
| Apr 27, 2013 | Listing removed | $90,000 | NorthWestILAlliance |
| Apr 22, 2013 | Listed | $90,000 | MLS #08322315 |
| Apr 20, 2013 | Listed | $90,000 | MLS #201302216 |
| Oct 1, 2011 | Listing removed | $97,000 | NorthWestILAlliance |
| May 3, 2011 | Price changed | $97,000 | MLS #60421 |
| Feb 7, 2011 | Listed | $100,000 | MLS #60421 |
| Jan 29, 2011 | Listing removed | $109,900 | NorthWestILAlliance |
| Sep 7, 2010 | Price changed | $109,900 | MLS #56747 |
| Sep 4, 2010 | Price changed | $109,900 | MLS #07594033 |
| Jul 29, 2010 | Listed | $114,900 | MLS #56747 |
| Sep 24, 2003 | Sold | $89,000 | Public Record |
| May 3, 2001 | Sold | $72,500 | Public Record |
| Apr 19, 2000 | Sold | $82,500 | Public Record |
| Mar 15, 1991 | Sold | $67,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $43,108 | $6,824 | $49,932 | $4,408 |
| 2023 | $38,686 | $6,124 | $44,810 | $4,102 |
| 2022 | $30,490 | $4,827 | $35,317 | $3,349 |
| 2021 | $27,957 | $4,426 | $32,383 | $3,233 |
| 2020 | $26,429 | $4,184 | $30,613 | $3,165 |
| 2019 | $25,190 | $3,988 | $29,178 | $3,105 |
| 2018 | $23,739 | $3,757 | $27,496 | $3,067 |
| 2017 | $22,719 | $3,596 | $26,315 | $3,014 |
| 2016 | $22,293 | $3,529 | $25,822 | $2,994 |
| 2015 | $22,293 | $3,529 | $25,822 | $3,032 |
| 2014 | $23,604 | $4,418 | $28,022 | $3,299 |
| 2013 | $25,076 | $4,693 | $29,769 | $3,048 |
| 2012 | $25,115 | $4,977 | $30,092 | $2,850 |
| 2011 | $26,468 | $5,245 | $31,713 | $2,954 |
| 2010 | $27,858 | $5,520 | $33,378 | $2,874 |
| 2009 | $29,863 | $5,599 | $35,462 | $2,921 |
| 2008 | $28,965 | $5,431 | $34,396 | $2,812 |
| 2007 | $29,212 | $5,184 | $34,396 | $3,023 |
| 2006 | $28,847 | $4,806 | $33,653 | $3,000 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,233 sqft
Lot size
9,583 sqft
ZIP code
61107
City
Rockford
Street
Chelsea Ave
Coordinates
42.27229, -89.04137
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$678
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Chelsea Ave last sell?
507 Chelsea Ave most recently sold on Aug 1, 2022 for $113,000.
What is the current tax assessment for 507 Chelsea Ave?
The most recent total assessment for 507 Chelsea Ave (year 2025) is $49,932 with $4,408 in property tax.
How does 507 Chelsea Ave's assessment compare to its last sale price?
The current assessment is 55.8% below the last sale price of $113,000.
When was 507 Chelsea Ave built?
507 Chelsea Ave was built in 1960.
How does 507 Chelsea Ave compare to others on Chelsea Ave?
We track 8 other properties on Chelsea Ave. Browse the list under "Other properties on Chelsea Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Chelsea Ave?
507 Chelsea Ave is a 3 bed, 2 bath, 1,233 sqft, 9,583 sqft lot single_family.
Is 507 Chelsea Ave a flip candidate?
No — 507 Chelsea Ave does not appear in our flips dataset.
Is 507 Chelsea Ave a tax-appeal candidate?
No — 507 Chelsea Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$293.2K
2026 Q4
$301K
ZIP 61107 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chelsea Ave