328 S Prospect St

3
Baths
2,586 Sq. Ft.
$68 / Sq. Ft.
2,586
Sq. Ft.
$68
per Sq. Ft.

Description

Come check out this great investment opportunity! Brick 3-family with two one-bedroom units and one two-bedroom unit upstairs. Each unit has their own furnace Off-street parking, near downtown and Swedish American. 2 units occupied currently and Rents can total over $2100/month when fully occupied. Square footage per unit is estimated. Large back yard! Please independently verify all information, including schools and taxes.Come check out this great investment opportunity! Brick 3-family with two one-bedroom units and one two-bedroom unit upstairs. Each unit has their own furnace Off-street parking, near downtown and Swedish American. 2 units occupied currently and Rents can total over $2100/month when fully occupied. Square footage per unit is estimated. Large back yard! Please independently verify all information, including schools and taxes.
  1. Listed by Carlos Serna • Century 21 Affiliated
    P: (815)-397-7700 C: (815)-262-3919 sernarealty@gmail.com

Property Details for 328 South Prospect Street

Style
2 Story
Total # of Parking Spaces
0
LISTING UPDATED: 02/03/2026 06:28 PM

Property Details for 328 South Prospect Street

StatusActive And Available
MLS #202600538
Days on Market2
Taxes$2,858 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3 - 4 Units
Year Built1900
Lot Size-
CountyWinnebago County

Location

Listing Courtesy of Century 21 Affiliated
Add your commute

Building Information for 328 South Prospect Street

Stories2Residences3Year Built1900Building Size-Lot Size-

Payment Calculator

$1,091 per month

30 year fixed, 6.15% Interest

Principal and Interest

$853

Property Taxes

$238

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 328 South Prospect Street

Summary
Location and General Information
  • City: ROCKFORD
  • State: IL
  • Zip: 61104
  • Address: 328 S Prospect Street
  • County: Winnebago County
  • Zip Code: 61104
  • Year Built: 1900
  • School District: Rockford 205
  • Elementary School 1: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD
Taxes and HOA
  • Tax Year: 2024
  • Taxes: $2,858
Property
Lot Information
  • Est Below Grade Fin SqFt: 0
  • Est Total Finished Sq. Ft.: 2586
  • Est Above Grade SqFt: 2586
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 3 - 4 Units
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: Yes
  • Separate Electric Y/N: Yes
  • Separate Water Y/N: No
Interior and Exterior Features
Exterior Features
  • Exterior: Brick/Stone
  • General Features: None
  • Roof: Shingle
Interior Features
  • Water Heater: Gas
  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • Appl Stay/Incl: Refrigerator, Stove/Cooktop
  • Basement Y/N: Yes
  • Separate Heat Y/N: Yes
  • Washer/Dryer CoinOp Y/N: No
  • Washer/Dryer Hookup Y/N: Yes
  • Washer/Dryer Y/N: No
Multi Family
Income and Expenses
  • Insurance/YR: $2,000
  • Maintenance/YR: $0
  • Management/YR: $1,764
  • Utilities/YR: $0
  • Legal/Account/YR: 0
  • Other/YR: 0
Multi Family Information
  • Number of Floors in Bldg: 2
  • Number of Tenants in Bldg: 2
  • Number of Units: 3
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: 0
  • Unit 1 # Beds: 1
  • Unit 1 AC: n
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 4
  • Unit 1 # Baths: 1
  • Unit 1 Heat: gfa
  • Unit 1 SqFt: 647
  • Unit 1 Lease/Deposit: 645
  • Unit 1 Rent: 645
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: 0
  • Unit 2 # Beds: 2
  • Unit 2 AC: n
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 5
  • Unit 2 # Baths: 1
  • Unit 2 Heat: gfa
  • Unit 2 SqFt: 1293
  • Unit 2 Lease/Deposit: 825
  • Unit 2 Rent: 825
Unit 3
  • Unit 3 Range: Yes
  • Unit 3 Garage Capacity: 0
  • Unit 3 # Beds: 1
  • Unit 3 AC: n
  • Unit 3 Refrigerator: Yes
  • Unit 3 # Rooms: 4
  • Unit 3 # Baths: 1
  • Unit 3 Heat: gfa
  • Unit 3 SqFt: 647
  • Unit 3 Lease/Deposit: 0
  • Unit 3 Rent: 0
Rental
Rent Information
  • Lease: No

Property History for 328 South Prospect Street

DateEvent & SourcePriceAppreciation
Feb 1, 2026

Price Change

NorthWest Illinois Alliance of REALTORS® #202600538

$175,000
Feb 1, 2026

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202600538

$194,000
Jan 20, 2023

Sold (Public Record)

Public Record #1505304316

$116,000

+26.6% / yr

Jan 19, 2023

Sold

NorthWest Illinois Alliance of REALTORS® #202207947

$116,000
Dec 29, 2022

Pending

NorthWest Illinois Alliance of REALTORS® #202207947

Dec 28, 2022

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202207947

$124,900
Nov 5, 2021

Sold

MRED #11228845

$82,500
Oct 4, 2021

Pending

MRED #11228845

Sep 27, 2021

Contingent

MRED #11228845

Sep 25, 2021

Pending

MRED #11228845

Sep 24, 2021

Contingent

MRED #11228845

Sep 24, 2021

Listed (Active)

MRED #11228845

$84,000
Oct 10, 2019

Sold (Public Record)

Public Record #656490764

$53,500

+29.8% / yr

Oct 9, 2019

Sold

NorthWest Illinois Alliance of REALTORS® #201905731

$53,500
Sep 4, 2019

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201905731

$60,000
Aug 10, 2019

Expired

NorthWest Illinois Alliance of REALTORS® #201904136

$60,000
Jul 9, 2019

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201904136

$60,000,000
Jun 5, 2017

Sold (Public Record)

Public Record #597913951

$29,000

-10.6% / yr

Oct 17, 2006

Sold (Public Record)

Public Record #210073974

$95,000

+73.7% / yr

Mar 29, 2006

Sold (Public Record)

Public Record #196098594

$70,000
DateEvent & SourcePrice
02/01/2026

Price Change

NorthWest Illinois Alliance of REALTORS® #202600538

$175,000
02/01/2026

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202600538

$194,000
01/20/2023

Sold (Public Record)

Public Record #1505304316

$116,000

+26.6% / yr

01/19/2023

Sold

NorthWest Illinois Alliance of REALTORS® #202207947

$116,000
12/29/2022

Pending

NorthWest Illinois Alliance of REALTORS® #202207947

12/28/2022

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #202207947

$124,900
11/05/2021

Sold

MRED #11228845

$82,500
10/04/2021

Pending

MRED #11228845

09/27/2021

Contingent

MRED #11228845

09/25/2021

Pending

MRED #11228845

09/24/2021

Contingent

MRED #11228845

09/24/2021

Listed (Active)

MRED #11228845

$84,000
10/10/2019

Sold (Public Record)

Public Record #656490764

$53,500

+29.8% / yr

10/09/2019

Sold

NorthWest Illinois Alliance of REALTORS® #201905731

$53,500
09/04/2019

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201905731

$60,000
08/10/2019

Expired

NorthWest Illinois Alliance of REALTORS® #201904136

$60,000
07/09/2019

Listed (Active)

NorthWest Illinois Alliance of REALTORS® #201904136

$60,000,000
06/05/2017

Sold (Public Record)

Public Record #597913951

$29,000

-10.6% / yr

10/17/2006

Sold (Public Record)

Public Record #210073974

$95,000

+73.7% / yr

03/29/2006

Sold (Public Record)

Public Record #196098594

$70,000

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

Public Records for 328 South Prospect Street

Taxable ValueLand$4,525Additions$25,631Total$30,156
Tax Record2024$2,858 ($238 / month)
Home Facts
Total Finished SqFt2,586 SqFtAbove Grade Finished SqFt2,586 SqFtStories2Lot Size7,841 SqFtStyleTriplexYear Built1900ZoningR2CountyWINNEBAGOAPN11-25-131-011

Schools near 328 South Prospect Street

This home is within Rockford School District 205.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
C Henry Bloom Elementary School
PublicK to 5

Abraham Lincoln Middle School
Public6 to 8

Rockford East High School
Public9 to 12

CICS Jackson
CharterK 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.

Similar Homes

Similar Sold Homes

328 South Prospect Street is a multi-family home for sale in Rockford, IL 61104. This property was listed for sale on February 2, 2026 by Century 21 Affiliated, it's currently listed at $175,000. It has been on the market for a total of 2 days and was last sold on January 20, 2023. This listing's school district is Rockford School District 205. Nearby schools include C Henry Bloom Elementary School, Abraham Lincoln Middle School and Rockford East High School. 328 South Prospect Street is a 4-bed, 3-bath, 2,586 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Affiliated

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 02/03/2026 06:28 PM. 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.