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5557 Grove Hl

Rockford, IL 61114

4 bd 3 ba 2,864 sqft Built 1989 Lot 15,246 sqft single_family
Most recent sale
$237,985
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Sold $237,985 Public Record
Sep 22, 2022 Sold $237,985 MLS #11401217
Jun 1, 2022 Price changed $237,985 MLS #202202809
May 11, 2022 Listed $224,900 MLS #11401217
Aug 9, 2012 Sold $152,500 Public Record
Aug 2, 2012 Listing removed $160,000 NorthWestILAlliance
Feb 3, 2012 Listed $160,000 MLS #67603

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $66,526 $14,341 $80,867 $6,610
2023 $59,702 $12,870 $72,572 $6,021
2022 $46,393 $10,143 $56,536 $5,773
2021 $42,539 $9,300 $51,839 $5,618
2020 $40,215 $8,792 $49,007 $5,530
2019 $38,329 $8,380 $46,709 $5,453
2018 $36,114 $7,897 $44,011 $5,424
2017 $31,490 $7,559 $39,049 $4,903
2016 $30,900 $7,417 $38,317 $4,881
2015 $30,900 $7,417 $38,317 $4,943
2014 $35,899 $9,272 $45,171 $5,868
2013 $38,138 $9,850 $47,988 $5,879
2012 $39,301 $10,446 $49,747 $5,644
2011 $41,420 $11,008 $52,428 $5,763
2010 $43,595 $11,586 $55,181 $5,569
2009 $44,218 $11,752 $55,970 $5,316
2008 $42,888 $11,399 $54,287 $5,100
2007 $40,935 $10,880 $51,815 $4,814
2006 $38,541 $10,103 $48,644 $4,569

Property facts

Year built
1989
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,864 sqft
Lot size
15,246 sqft
ZIP code
61114
City
Rockford
Street
Grove Hl
Coordinates
42.31538, -89.00856

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,428
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5557 Grove Hl last sell?
5557 Grove Hl most recently sold on Sep 22, 2022 for $237,985.
What is the current tax assessment for 5557 Grove Hl?
The most recent total assessment for 5557 Grove Hl (year 2025) is $80,867 with $6,610 in property tax.
How does 5557 Grove Hl's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $237,985.
When was 5557 Grove Hl built?
5557 Grove Hl was built in 1989.
How does 5557 Grove Hl compare to others on Grove Hl?
We do not currently track other properties on Grove Hl.
What are the property facts for 5557 Grove Hl?
5557 Grove Hl is a 4 bed, 3 bath, 2,864 sqft, 15,246 sqft lot single_family.
Is 5557 Grove Hl a flip candidate?
No — 5557 Grove Hl does not appear in our flips dataset.
Is 5557 Grove Hl a tax-appeal candidate?
No — 5557 Grove Hl 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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