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
| Date | Event | Price | Source |
|---|---|---|---|
| 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
| Year | Building | Land | Total assessed | Tax 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 adviceEstimated 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 valuationQuarterly trend
-4.4%
Implied 1-yr
-17.6%
2026 Q3
$113.1K
2026 Q4
$106.1K
ZIP 61114 — Median Price History + Forecast
Explore nearby
Geography
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