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2803 Cheroakwood Ln

Rockford, IL 61114

2 bd 3 ba 3,387 sqft Built 1965 Lot 47,045 sqft single_family
Most recent sale
$299,000
Oct 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2022 Sold $299,000 Public Record
Sep 30, 2022 Sold $299,000 MLS #11486750
Aug 8, 2022 Listed $325,000 MLS #11486750
Oct 5, 2018 Sold $225,000 Public Record
Sep 26, 2018 Sold $237,900 MLS #201801039
Jul 26, 2018 Price changed $237,900 MLS #201801039
May 26, 2018 Price changed $249,900 MLS #201801039
Mar 12, 2018 Listed $289,900 MLS #201801039
Oct 1, 1999 Sold $190,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $94,381 $22,407 $116,788 $9,340
2023 $84,700 $20,109 $104,809 $8,972
2022 $65,347 $15,848 $81,195 $8,591
2021 $59,918 $14,531 $74,449 $8,389
2020 $56,644 $13,737 $70,381 $8,278
2019 $53,988 $13,093 $67,081 $8,183
2018 $50,879 $12,339 $63,218 $8,165
2017 $44,793 $11,809 $56,602 $7,507
2016 $39,816 $11,588 $51,404 $6,859
2015 $39,816 $11,588 $51,404 $6,945
2014 $41,150 $14,487 $55,637 $7,437
2013 $43,716 $15,390 $59,106 $7,436
2012 $46,363 $16,322 $62,685 $7,313
2011 $48,860 $17,201 $66,061 $7,452
2010 $51,426 $18,104 $69,530 $7,194
2009 $52,161 $18,363 $70,524 $6,864
2008 $50,593 $17,811 $68,404 $8,173
2007 $49,276 $30,600 $79,876 $7,700
2006 $47,419 $28,372 $75,791 $7,412

Property facts

Year built
1965
Property type
single_family
Stories
1
Beds
2
Baths
3
Living area
3,387 sqft
Lot size
47,045 sqft
ZIP code
61114
City
Rockford
Street
Cheroakwood Ln
Coordinates
42.30076, -89.02304

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,794
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2803 Cheroakwood Ln last sell?
2803 Cheroakwood Ln most recently sold on Oct 6, 2022 for $299,000.
What is the current tax assessment for 2803 Cheroakwood Ln?
The most recent total assessment for 2803 Cheroakwood Ln (year 2025) is $116,788 with $9,340 in property tax.
How does 2803 Cheroakwood Ln's assessment compare to its last sale price?
The current assessment is 60.9% below the last sale price of $299,000.
When was 2803 Cheroakwood Ln built?
2803 Cheroakwood Ln was built in 1965.
How does 2803 Cheroakwood Ln compare to others on Cheroakwood Ln?
We track 5 other properties on Cheroakwood Ln. Browse the list under "Other properties on Cheroakwood Ln" to compare beds, baths, and sale history.
What are the property facts for 2803 Cheroakwood Ln?
2803 Cheroakwood Ln is a 2 bed, 3 bath, 3,387 sqft, 47,045 sqft lot single_family.
Is 2803 Cheroakwood Ln a flip candidate?
No — 2803 Cheroakwood Ln does not appear in our flips dataset.
Is 2803 Cheroakwood Ln a tax-appeal candidate?
No — 2803 Cheroakwood Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.4%
Implied 1-yr
-17.6%
2026 Q3
$113.1K
2026 Q4
$106.1K
ZIP 61114 — Median Price History + Forecast

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