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221 Lily Ln

Rockford, IL 61107

2 bd 2 ba 1,661 sqft Built 2005 single_family
Most recent sale
$180,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $180,000 Public Record
Aug 12, 2022 Sold $180,000 MLS #11462680
Jul 13, 2022 Listed $180,000 MLS #11462680
Jul 12, 2022 Listed $180,000 MLS #202204534
May 10, 2005 Sold $170,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $56,066 $8,216 $64,282 $5,145
2023 $50,315 $7,373 $57,688 $4,658
2022 $39,655 $5,811 $45,466 $3,937
2021 $36,361 $5,328 $41,689 $3,761
2020 $34,374 $5,037 $39,411 $3,653
2019 $32,762 $4,801 $37,563 $3,559
2018 $29,984 $4,524 $34,508 $3,355
2017 $28,696 $4,330 $33,026 $3,268
2016 $28,158 $4,249 $32,407 $3,234
2015 $28,158 $4,249 $32,407 $3,274
2014 $28,729 $5,312 $34,041 $3,452
2013 $31,793 $5,642 $37,435 $3,702
2012 $36,046 $5,984 $42,030 $4,132
2011 $37,987 $6,306 $44,293 $4,268
2010 $44,227 $6,637 $50,864 $4,627
2009 $51,895 $6,732 $58,627 $5,173
2008 $50,335 $6,530 $56,865 $4,951
2007 $48,043 $6,233 $54,276 $4,708
2006 $46,833 $5,779 $52,612 $4,618

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,661 sqft
Lot size
ZIP code
61107
City
Rockford
Street
Lily Ln
Coordinates
42.27518, -88.95482

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 221 Lily Ln last sell?
221 Lily Ln most recently sold on Aug 16, 2022 for $180,000.
What is the current tax assessment for 221 Lily Ln?
The most recent total assessment for 221 Lily Ln (year 2025) is $64,282 with $5,145 in property tax.
How does 221 Lily Ln's assessment compare to its last sale price?
The current assessment is 64.3% below the last sale price of $180,000.
When was 221 Lily Ln built?
221 Lily Ln was built in 2005.
How does 221 Lily Ln compare to others on Lily Ln?
We track 8 other properties on Lily Ln. Browse the list under "Other properties on Lily Ln" to compare beds, baths, and sale history.
What are the property facts for 221 Lily Ln?
221 Lily Ln is a 2 bed, 2 bath, 1,661 sqft single_family.
Is 221 Lily Ln a flip candidate?
No — 221 Lily Ln does not appear in our flips dataset.
Is 221 Lily Ln a tax-appeal candidate?
No — 221 Lily 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
+3.2%
Implied 1-yr
+12.8%
2026 Q3
$293.2K
2026 Q4
$301K
ZIP 61107 — Median Price History + Forecast

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