Property profile

416 HORSMAN ST Rockford, IL 61101

OFF-MARKET
Apartment House
Property ID
US28-1531812
2,964 SF 0.28 ac lot Built 1900
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a five-unit multi-family building located in Rockford, Illinois. It contains two studio apartments and three one-bedroom units. The exterior and structural components have undergone major improvements, including new siding, vinyl windows, and roof replacement on the rear of the building, along with interior drywall updates. Additional work includes installation of a new water meter, construction of an enclosure for the basement entrance, and replacement of the rear patio with new concrete. A detached two-car garage is situated at the rear of the property. The building is positioned in proximity to Downtown Rockford and SwedishAmerican Hospital, and near the planned Rock Valley College downtown campus.

Property profile

Verified
Property type Apartment House
Year built 1900
Total area 2,964 SF
Lot 0.28 ac (12,197 SF)
APN 11-22-276-014
UPID US28-1531812

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

416 HORSMAN ST Rockford, IL 61101
Rockford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2026
Last sale
$135,000
4 recorded transactions
2026
$135,000
2025
$39,500
2025
$22,500
2021
$15,000
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 416 HORSMAN ST?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message