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Listing provided courtesy of Berkshire Hathaway HomeServices Crosby Starck RENorthWest Illinois Alliance MLS- MLS# 202602737MLS ProviderContact Information: Cell: 815-980-9437

517 Palm StreetROCKFORD, IL 61103

Multi-Family · 4,776 Sq. ft.
$360,000 ACTIVE and AVAILABLE

517 Palm Street Overview

Time on Site:
47 days
Visits:
0

6 Family building, 2-2 bedroom units, 1 studio, 3-1 bedroom apartments. Tenants pay gas & electric, owner pays water, sewer, & trash. All appliances stay. 4 currently rented with leases. 1 tenant moving in mid-may & 1 vacant. Vinyl siding, most apartments have been updated with paint & flooring in the last 2 years.

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517 Palm Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,776
  • Price/Sq.ft. $75

Details

General

School Information

  • Elementary School: Ellis Arts Academy
  • Middle Or Junior School: West Middle
  • High School: Auburn High

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Winnebago County

Tax Information

  • Tax Annual Amount: 3582
  • Tax Year: 2024

General Information

  • Parcel Number: 1123154009
  • Property Sub Type: 5+ Units
  • Property Type: MULTIFAMILY

Interior

Building Interior

  • Above Grade Finished Area: 4776
  • Below Grade Finished Area: 0

General Information

  • Appliances: Refrigerator,Stove/Cooktop
  • Cooling: None
  • Electric: Circuit Breaker
  • Heating: Forced Air,Natural Gas
  • Living Area: 4776
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Water Source: City

Building Exterior/Construction

  • Architectural Style: 2 Story
  • Construction Materials: Siding
  • Roof: Shingle

General Information

  • Exterior Features: None
  • Number Of Units Total: 6
  • Sewer: City

517 Palm Street Neighborhood

Community

61103 (ROCKFORD) Demographics

44
Median Age
1,345
Population Density (per sq. mile)
31%
College Educated
$40,957
Estimated Median Income
5,506
Estimated Total Home Owners
5,131
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

517 Palm Street Monthly Cost

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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

517 Palm Street Market Data

Based on the last 30 days in this zip code

$178,125
Average List Price
$110
Average Price per Square Foot
37
Properties Sold
56
Average Days on Market
85
Properties for Sale
Calculations provided by Reliance Network

517 Palm Street History

Date Event Value Agent
5/13/2026Source: NorthWest Illinois Alliance MLS Added to Database
May 13, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022