Sold
Last Sold Price
18 beds
117 8th St, Rochelle, IL 61068
Multi FamilyProperty Type
0.56 acresLot Size
1972Year Built
9 carsParking Spaces

Description

Investors don't miss out on this great investment opportunity! Gross monthly income is $3,500. This property consists of (6) 3 bedroom units, with laundry hook-ups in each unit. All are currently occupied. All are currently occupied (2) 3 unit ranch buildings facing each other.Investors don't miss out on this great investment opportunity! Gross monthly income is $3,500. This property consists of (6) 3 bedroom units, with laundry hook-ups in each unit. All are currently occupied. All are currently occupied (2) 3 unit ranch buildings facing each other.

    Sold By RE/MAX Hub City

    • Listed by: Dina 815.761.3721 dbearrows@rochelle.net • RE/MAX Hub City
    Listing closed: 03/17/2015 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08792969

    Recent comparable sales

    Median sold price

    $215,000

    Avg days on market

    56

    Sale-to-list ratio

    91.2%

    Rochelle, IL

    9 comparable properties found

    a view of a garage
    1/21
    1

    $244,000

    Sold 03/18/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.14
    Acres
    2

    $200,000

    Sold 05/21/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,443
    Square Feet
    0.17
    Acres
    a front view of a house with a yard and garage
    1/14
    3

    $250,000

    Sold 03/21/25

    28
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    4.72
    Acres
    4

    $220,000

    Sold 09/24/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,644
    Square Feet
    Unavailable
    Acres
    5

    $238,000

    Sold 07/01/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,560
    Square Feet
    0.20
    Acres
    6

    $215,000

    Sold 09/27/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,140
    Square Feet
    0.22
    Acres
    7

    $190,500

    Sold 04/25/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    6,380
    Square Feet
    Unavailable
    Acres
    8

    $192,000

    Sold 03/14/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,805
    Square Feet
    0.16
    Acres
    9

    $193,000

    Sold 12/02/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,832
    Square Feet
    0.20
    Acres

    Location

    Add your commute

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    OriginPoint Mortgage or Rocket Mortgage1

    $1,728 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $1,144

    Property Taxes

    $585

    HOA Dues

    $0

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    Property Information for 117 8th Street

    Property Details
    • Taxes: $7,016 / year
    • MLS Type: Multi Family 5+ / Flats
    • County: Ogle County
    • Area: Flagg Center / Hillcrest / Kings / Rochelle
    • Township: FLAGG
    • Air Conditioning Type: None
    • Zoning: OTHER
    Building Information
    • Stories: 1
    • Residences: 6
    • Year Built: 1972
    • Lot Size: 0.56 AC / 24,502 SF
    General Information
    Location and General Information
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: None
    • Heat/Ventilation: Forced Air,Gas
    • # Of Refrigerators: 5
    • # Of Dryers: 1
    • Num of Baths: 0.0
    Property/Lot Information
    • Tenant Pays: Electricity, Heat, Sewer
    • Built Before 1978: Yes
    • Approximate Age: 36-50 Years
    • Multi-Family Type: Flats
    • Lot Dimensions: 123.75 X 198
    • Stories: 1
    • Exterior Building Type: Vinyl Siding
    • Roof Type: Composition
    • # Of Ranges: 5
    • MRD_UNC: Yes
    Property and Assessments
    • Photos Count: 7
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 6
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $3,500.00
    • Gross Scheduled Income: $31,800.00
    • Insurance Expense: $2,157.00
    • Maintenance Expense: $.00
    • Janitor Expense: 0
    • Total Monthly Income: 2650
    • Net Operating Income: $17,500.00
    • Operating Expense: $7,200.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00
    Unit 1
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Unit Type Units Total: 2
    • # Of Rooms - Unit 1: 2
    • # Of Full Bthrms - Type 1: 1
    • Monthly Income - 1: 650
    Unit 2
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Unit Type Units Total: 3
    • # Of Rooms - Unit 2: 2
    • # Of Full Bthrms - Type 2: 1
    • Monthly Income - 2: 600
    Unit 3
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 3
    • Unit Type Units Total: 1
    • # Of Rooms - Unit 3: 2
    • # Of Full Bthrms - Type 3: 1
    • Monthly Income - 3: 400
    • Monthly Income Max - 3: 400
    Unit 4
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 4
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 4: 0
    • Monthly Income - 4: 0
    Unit 5
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 5
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 5: 0
    • Monthly Income - 5: 0
    Unit 6
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 6
    • Unit Type Units Total: 0
    • Monthly Income - 6: 0
    Unit 7
    • Unit Type Beds Total: 0
    • Unit Type Type: Unit 7
    • Unit Type Units Total: 0
    • # Of Rooms - Unit 7: 0
    • Monthly Income - 7: 0

    Property History for 117 8th Street

    DateEvent & SourcePriceAppreciation
    Mar 17, 2015

    Sold

    MRED #08792969

    $225,000
    Jan 23, 2015

    Pending

    MRED #08792969

    Nov 25, 2014

    Listed (Active)

    MRED #08792969

    $259,900
    DateEvent & SourcePrice
    03/17/2015

    Sold

    MRED #08792969

    $225,000
    01/23/2015

    Pending

    MRED #08792969

    11/25/2014

    Listed (Active)

    MRED #08792969

    $259,900

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 117 8th Street

    This home is within Rochelle Twp Hsd 212 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - 2 to 3
    Public - 6 to 8
    Public - 9 to 12
    Public - 4 to 5
    Rating
    School
    Distance
    Central Elementary School
    Public2 to 3

    Rochelle Middle School
    Public6 to 8

    Rochelle Twp High School
    Public9 to 12

    Tilton Elementary School
    Public4 to 5

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 117 8th Street, Rochelle, IL 61068
    $225,000
    18
    24,502
    223,463
    $87,000
    4
    1,636
    10,807
    $128,500
    3
    0
    $7,900
    9,768
    $29,000
    1,262

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of RE/MAX Hub City

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 04:41 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.