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1401 Springfield Ave

Rockford, IL 61101

2 bd 1 ba 988 sqft Built 1945 single_family
Most recent sale
$44,000
Aug 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 17, 2022 Sold $44,000 Public Record
Aug 12, 2022 Sold $44,000 MLS #11463682
Jul 14, 2022 Listed $45,000 MLS #11463682
Feb 2, 2021 Listed $65,000 MLS #202100188

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $17,534 $932 $18,466 $891
2023 $15,735 $836 $16,571 $173
2022 $4,791 $659 $5,450 $494
2021 $4,393 $629 $5,022 $487
2020 $9,356 $595 $9,951 $1,011
2012 $9,099 $707 $9,806 $991
2011 $9,589 $745 $10,334 $1,023
2010 $10,093 $784 $10,877 $985
2009 $10,237 $795 $11,032 $938
2008 $9,929 $771 $10,700 $893
2007 $9,477 $736 $10,213 $837
2006 $9,772 $681 $10,453 $871

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
988 sqft
Lot size
ZIP code
61101
City
Rockford
Street
Springfield Ave
Coordinates
42.29241, -89.14484

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
$264
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1401 Springfield Ave last sell?
1401 Springfield Ave most recently sold on Aug 17, 2022 for $44,000.
What is the current tax assessment for 1401 Springfield Ave?
The most recent total assessment for 1401 Springfield Ave (year 2025) is $18,466 with $891 in property tax.
How does 1401 Springfield Ave's assessment compare to its last sale price?
The current assessment is 58.0% below the last sale price of $44,000.
When was 1401 Springfield Ave built?
1401 Springfield Ave was built in 1945.
How does 1401 Springfield Ave compare to others on Springfield Ave?
We track 8 other properties on Springfield Ave. Browse the list under "Other properties on Springfield Ave" to compare beds, baths, and sale history.
What are the property facts for 1401 Springfield Ave?
1401 Springfield Ave is a 2 bed, 1 bath, 988 sqft single_family.
Is 1401 Springfield Ave a flip candidate?
No — 1401 Springfield Ave does not appear in our flips dataset.
Is 1401 Springfield Ave a tax-appeal candidate?
No — 1401 Springfield Ave 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
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$314.3K
2026 Q4
$318.4K
ZIP 61101 — Median Price History + Forecast

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