1840 Melrose St
Rockford, IL 61103
4 bd 2 ba 1,866 sqft Built 1915 Lot 5,227 sqft single_family
Most recent sale
$151,500
Nov 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 21, 2022 | Listing removed | — | NorthWestILAlliance |
| Nov 18, 2022 | Sold | $151,500 | MRED |
| Oct 6, 2022 | Listed | $147,500 | MRED |
| Sep 24, 2018 | Sold | $90,000 | Public Record |
| Jun 27, 2008 | Sold | $107,500 | Public Record |
| Dec 2, 2002 | Sold | $87,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $48,062 | $4,408 | $52,470 | $4,102 |
| 2023 | $43,132 | $3,956 | $47,088 | $3,688 |
| 2022 | $33,994 | $3,118 | $37,112 | $4,240 |
| 2021 | $31,170 | $2,859 | $34,029 | $4,170 |
| 2020 | $29,467 | $2,703 | $32,170 | $4,136 |
| 2019 | $28,085 | $2,576 | $30,661 | $3,303 |
| 2018 | $26,468 | $2,428 | $28,896 | $3,267 |
| 2017 | $25,331 | $2,324 | $27,655 | $3,212 |
| 2016 | $24,856 | $2,280 | $27,136 | $3,192 |
| 2015 | $24,856 | $2,280 | $27,136 | $3,233 |
| 2014 | $27,975 | $2,851 | $30,826 | $3,719 |
| 2013 | $29,720 | $3,029 | $32,749 | $3,745 |
| 2012 | $29,625 | $3,212 | $32,837 | $3,462 |
| 2011 | $31,220 | $3,385 | $34,605 | $3,555 |
| 2010 | $32,860 | $3,563 | $36,423 | $3,445 |
| 2008 | $32,328 | $3,505 | $35,833 | $3,170 |
| 2007 | $32,830 | $3,345 | $36,175 | $3,206 |
| 2006 | $31,539 | $3,105 | $34,644 | $3,104 |
Property facts
Year built
1915
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,866 sqft
Lot size
5,227 sqft
ZIP code
61103
City
Rockford
Street
Melrose St
Coordinates
42.29147, -89.07002
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$909
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1840 Melrose St last sell?
1840 Melrose St most recently sold on Nov 18, 2022 for $151,500.
What is the current tax assessment for 1840 Melrose St?
The most recent total assessment for 1840 Melrose St (year 2025) is $52,470 with $4,102 in property tax.
How does 1840 Melrose St's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $151,500.
When was 1840 Melrose St built?
1840 Melrose St was built in 1915.
How does 1840 Melrose St compare to others on Melrose St?
We track 8 other properties on Melrose St. Browse the list under "Other properties on Melrose St" to compare beds, baths, and sale history.
What are the property facts for 1840 Melrose St?
1840 Melrose St is a 4 bed, 2 bath, 1,866 sqft, 5,227 sqft lot single_family.
Is 1840 Melrose St a flip candidate?
No — 1840 Melrose St does not appear in our flips dataset.
Is 1840 Melrose St a tax-appeal candidate?
No — 1840 Melrose St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$135.7K
2026 Q4
$135.4K
ZIP 61103 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose St