Sold
Last Sold Price
425 Lincoln Hwy, Rochelle, IL 61068
Mixed UseProperty Type
8,167 sq ftLot Size
1930Year Built
12 carsParking Spaces

Description

    Sold By RE/MAX Hub City

    • Listed by: David Coovert 815.762.5297 david@homezonerealtyinc.com • Home Zone Realty Inc
    Listing closed: 03/28/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11937942

    Recent comparable sales

    Median sold price

    $220,000

    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
    $165,000 | 109 South Washington Street, Rochelle, IL 61068
    1/19
    2

    $165,000

    Sold 08/27/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.38
    Acres
    $150,000 | 603 2nd Avenue, Rochelle, IL 61068
    1/15
    3

    $150,000

    Sold 08/26/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.85
    Acres
    4

    $220,000

    Sold 09/24/24

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

    $215,000

    Sold 09/27/24

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,140
    Square Feet
    0.22
    Acres
    6

    $238,000

    Sold 07/01/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,560
    Square Feet
    0.20
    Acres
    7

    $255,000

    Sold 07/28/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    2,068
    Square Feet
    0.31
    Acres
    8

    $252,000

    Sold 06/27/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,565
    Square Feet
    Unavailable
    Acres
    9

    $217,500

    Sold 09/29/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    1,298
    Square Feet
    Unavailable
    Acres

    Location

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    $1,745 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $1,235

    Property Taxes

    $510

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    Property Information for 425 Lincoln Highway

    Property Details
    • Taxes: $6,121 / year
    • MLS Type: Commercial Sale
    • County: Ogle County
    • Area: Flagg Center / Hillcrest / Kings / Rochelle
    • Township: Malta
    • Air Conditioning Type: Central Air, Central Individual
    • Zoning: COMMR
    Building Information
    • Stories: 2
    • Residences: 9
    • Year Built: 1930
    • Lot Size: 0.19 AC / 8,167 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    • Open Parking Spaces: 12.0
    Location and General Information
    • Frontage Type: City Street
    • Geographic Locale: Chicago West
    • Information: Show-Lock Box,Show-Special Instructions
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air, Central Individual
    • Electric: Circuit Breakers, Separate Meters
    • Heat/Ventilation: Central Bldg Heat,Forced Air
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 3
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 123 X66
    • Lot Size Square Feet: 8167.0
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Fire Protection: Smoke or Fire Protectors
    • Roof Structure: Flat
    • # Of Offices: 0
    • # Of Stores: 6
    • Property Sub Type: Mixed Use
    Property and Assessments
    • Possible Use: Commercial, Retail
    • Buyer Financing: Conventional
    • Public Document Count: 0
    • Photos Count: 1
    Miscellaneous
    • Current Use: Commercial
    • Location: Central Business District
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 9
    Income & Expenses
    • Electric Expense: $8,437.00
    • Fuel Expense: $3,005.00
    • Gross Income: $45,900.00
    • Gross Scheduled Income: $45,900.00
    • Insurance Expense: $3,079.00
    • Known Encumbrances: None Known
    • Expense Year: 2023
    • Total Annual Expense Source: Broker Projection
    • Other Expense Source: Actual
    • Trash Expense Source: Actual
    • Total Monthly Income: 33825
    • Water Expense Source: Actual
    • Other Expense: $500.00
    • Trash Expense: $1,077.00
    • Water Sewer Expense: $1,197.00

    Property History for 425 Lincoln Highway

    DateEvent & SourcePriceAppreciation
    Mar 28, 2024

    Sold

    MRED #11937942

    $243,000
    Mar 25, 2024

    Sold (Public Record)

    Public Record #1529992056

    $243,000
    Mar 2, 2024

    Pending

    MRED #11937942

    DateEvent & SourcePrice
    03/28/2024

    Sold

    MRED #11937942

    $243,000
    03/25/2024

    Sold (Public Record)

    Public Record #1529992056

    $243,000
    03/02/2024

    Pending

    MRED #11937942

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

    Public Records for 425 Lincoln Highway

    Taxable ValueLand$28,534Additions$68,331Total$96,865
    Tax Record2025$8,118 ($677 / month)
    Home Facts
    Total Finished SqFt8,064 SqFtAbove Grade Finished SqFt8,064 SqFtStories2StyleMiscellaneous CommercialYear Built1966CountyOGLEAPN24-24-340-002

    Schools near 425 Lincoln Highway

    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: 425 Lincoln Highway, Rochelle, IL 61068
    $243,000
    8,167
    $172,000
    2,970
    $152,000
    4,084
    $105,000
    3,965
    4,085
    $100,000
    2,684
    2,618

    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 Home Zone Realty Inc

    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 03/28/2024 12:34 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.