Sold
Last Sold Price
409 4th Ave, Rochelle, IL 61068
Mixed UseProperty Type
2,722 sq ftLot Size
1905Year Built

Description

3 Story Brick corner building in downtown Rochelle features 2 store fronts with full basement. Lots of possibilities with the 2nd and 3rd floor being vacant featuring original woodwork & hardwood flooring. Store fronts are both currently rented for $600.00 month. Do not have a break down of insurance and water due to bill being combined with another property.3 Story Brick corner building in downtown Rochelle features 2 store fronts with full basement. Lots of possibilities with the 2nd and 3rd floor being vacant featuring original woodwork & hardwood flooring. Store fronts are both currently rented for $600.00 month. Do not have a break down of insurance and water due to bill being combined with another property.

    Sold By Lori Patterson Real Estate

    • Listed by: Lori 815.562.7617 loripatterson22@gmail.com • Lori Patterson Real Estate
    Listing closed: 07/15/2015 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 08855400

    Recent comparable sales

    Median sold price

    $87,000

    Avg days on market

    389

    Sale-to-list ratio

    78.1%

    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
    $150,000 | 603 2nd Avenue, Rochelle, IL 61068
    1/15
    2

    $150,000

    Sold 08/26/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.85
    Acres
    $165,000 | 109 South Washington Street, Rochelle, IL 61068
    1/19
    3

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    Sold 08/27/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.38
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    4

    $87,000

    Sold 04/28/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,844
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    $80,000

    Sold 09/27/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,126
    Square Feet
    0.35
    Acres
    6

    $87,000

    Sold 02/14/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,044
    Square Feet
    Unavailable
    Acres
    7

    $91,000

    Sold 03/19/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,276
    Square Feet
    0.02
    Acres
    8

    $75,000

    Sold 12/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,044
    Square Feet
    Unavailable
    Acres
    9

    $81,000

    Sold 05/23/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,360
    Square Feet
    0.32
    Acres

    Location

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    $617 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $432

    Property Taxes

    $185

    HOA Dues

    $0

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    Property Information for 409 4th Avenue

    Property Details
    • Taxes: $2,224 / year
    • MLS Type: Commercial Sale
    • County: Ogle County
    • Area: Flagg Center / Hillcrest / Kings / Rochelle
    • Township: FLAGG
    • Num Of Parking Spaces: 0.0
    • Air Conditioning Type: Office Only
    • Zoning: COMMR
    Building Information
    • Stories: 3
    • Year Built: 1905
    • Lot Size: 0.06 AC / 2,722 SF
    General Information
    Location and General Information
    • Geographic Locale: Out of Area
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Office Only
    • Heat/Ventilation: Central Heat/Indiv Controls
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 0
    Property/Lot Information
    • Tenant Pays: Heat
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 22 X 123.75
    • Lot Size Square Feet: 2722.0
    • Stories: 3
    • Exterior Building Type: Brick
    • Construction: Brick
    • Roof Structure: Flat
    • # Of Offices: 1
    • # Of Stores: 1
    Property and Assessments
    • Photos Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 0
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $1,200.00
    • Gross Scheduled Income: $14,400.00
    • Insurance Expense: $.00
    • Total Monthly Income: 1200
    • Net Operating Income: $.00
    • Operating Expense: $.00
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 409 4th Avenue

    DateEvent & SourcePriceAppreciation
    Jul 15, 2015

    Sold

    MRED #08855400

    $85,000
    Mar 10, 2015

    Pending

    MRED #08855400

    Mar 7, 2015

    Listed (Active)

    MRED #08855400

    $89,000
    DateEvent & SourcePrice
    07/15/2015

    Sold

    MRED #08855400

    $85,000
    03/10/2015

    Pending

    MRED #08855400

    03/07/2015

    Listed (Active)

    MRED #08855400

    $89,000

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

    Schools near 409 4th Avenue

    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: 409 4th Avenue, Rochelle, IL 61068
    $85,000
    2,722
    9,696
    $180,000
    7,540
    6,512
    7,044

    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 Lori Patterson Real Estate

    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 04:42 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.