517 Palm Street Rockford, IL ^$ 360,000

517 Palm Street

^$ 360,000

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Recently Listed

517 Palm Street

Rockford, IL, 61103

^$ 360,000

Studio Baths0.0 Sq 4,776

Monthly Estimate*

^$ 2,217

517 Palm Street, Rockford, IL 61103 - Image 1

517 Palm Street, Rockford, IL 61103 - Image 2

517 Palm Street, Rockford, IL 61103 - Image 3

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517 Palm Street, Rockford, IL 61103 - Image 5

Studio

Multi-Family Home for sale in Rockford, IL

for $360,000. This home is 4,776 square feet.

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.

Multi-Family Active

Price

^$ 360,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 3,582

Style

2 Story

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

202602737

Features

General

Sewer City

Heating Forced Air Natural Gas

Cooling None

Utilities 0

Possession Closing

Roof Shingle

Water City

Water Heater Gas

Electric Circuit Breaker

Style 2 Story

Class MULTIFAMILY

Type 5+ Units

Parcel Number 1123154009

HUD No

Tax Year 2024

Basement Type Full

Status ACTIVE and AVAILABLE

Subdivision IL

Sale/Rent For Sale

Status Detail 0

Short Sale No

Primary City Rockford

Year Built 1900

High School Auburn High

City ROCKFORD

Taxes 3582

School District Rockford 205

Elementary School Ellis Arts Academy

Middle School West Middle

Legal Description HASKELL + EDWARDS ADD E 56 FT LOT 005 BLOCK 070

DOM 2

Postal Code 61103

Price Per Sq Ft Total AG 75.38

Exterior

Exterior Siding

Parking Spaces 0

Interior

# of Units 6

* Excluded Features

List By

Lindsay Moore

Listing Agent

Berkshire Hathaway Homeservices Crosby Starck Re

Broker

lindsaymoore0521@gmail.com

Affordability Calculator

$2,515

Per Month

Monthly Principal & Interest: $2,217
Monthly Property Taxes: $299
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Rockford, IL

Average List Price ^$270,299

Percent of Sale Price 25%

About Rockford, IL

147,353 Population

-4% Since 2002

^$40,556 Median Income

37.69 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2150205 Elementary School

2138260 Middle School

Auburn High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2026	$360,000		Listed Price

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517 Palm Street, Rockford, IL, 61103 is a Multi-Family Home for sale at $360,000 with 4,776 sqft. 517 Palm Street is a studio with 0.0 baths. The property's zip code is 61103 which is in Rockford, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/16/2026.

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517 Palm Street

Multi-Family Home for sale in Rockford, IL

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