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1040 Arctic Cir; Rockford, IL Property Details

1040 Arctic Cir, Rockford, IL is a Single Family that was built in 1964. This property is currently Financed and is not for sale. Our records show that 1040 Arctic Cir has 3 bedrooms, and 1 bathroom, and a total of 1,672 square feet. The lot size of 1040 Arctic Cir is 21,780 square feet.

Off market
1040 Arctic Cir Rockford, IL 61108
$139,900 Listing Price
3 Beds
1 Baths
1,672 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1964
  • Purchase Price: $140,000
  • Open Loans / Balance: 1 / $121,225
  • Est. Equity / %: $94,775 / 43.88%
  • Gross Yield: 17.261%
  • APN: 1225326017
  • Situs County: Winnebago
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Septic
  • Water Source: Well

Measurements

  • Total: 1,672/SqFt
  • Lot: 21,780/SqFt
  • Gross: 2,840/SqFt
  • Garage: 532/SqFt
  • Living: 1,672/SqFt
  • Basement: 936/SqFt
  • Building: 2,840/SqFt
  • Ground: 936/SqFt
  • Basement Finished: 300/SqFt
  • Basement Unfinished: 636/SqFt
  • Price Per Square Foot: $83.73

Legal Description

  • Description: MELWOOD HGTS PLAT 2 PT S1/2 SEC 25-44-2 LOT 080
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rockford School District 205
  • Lat / Lon: 42.259537 / -88.95365
  • Subdivision: Melwood Hgts Plat 2
  • Property Class: Residential
  • Zoning: RR
  • County Use Code: 31

Amenities

  • Plus Four: 4538
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1040 Arctic Cir has no associated ownership info
1040 Arctic Cir has no associated ownership info.

Taxes

1040 Arctic Cir has 10 associated Taxes items

1040 Arctic Cir, Rockford, IL pays taxes in Winnebago County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $63,349. The APN we've located for 1040 Arctic Cir is 1225326017.

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Taxes
  • Assessed Value:  $63,349
  • Assessed Year:  2025
  • Assessed County:  Winnebago
  • APN:  1225326017
  • Assessed Land Value:  6760
  • Market Land Value:  20280
  • Tax Amount:  4433.2
  • Tax Year:  2025
  • Market Value:  190047
  • Market Year:  2025

Tax History

1040 Arctic Cir has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $63,349 Land Value $6,760 Improvement Value $56,589 Tax Amount $4,433.2 Change Rate +0.060108% Assessed CR Tax Rate +0.069981%
Year 2024 Assessed Value $56,851 Land Value $6,067 Improvement Value $50,784 Tax Amount $4,181.84 Change Rate +0.063367% Assessed CR Tax Rate +0.073558%
Year 2023 Assessed Value $50,129 Land Value $5,350 Improvement Value $44,779 Tax Amount $3,932.64 Change Rate -0.024527% Assessed CR Tax Rate +0.07845%
Year 2022 Assessed Value $47,476 Land Value $4,783 Improvement Value $42,693 Tax Amount $4,031.52 Change Rate +0.035348% Assessed CR Tax Rate +0.084917%
Year 2021 Assessed Value $43,532 Land Value $4,386 Improvement Value $39,146 Tax Amount $3,893.88 Change Rate -0.057688% Assessed CR Tax Rate +0.089449%
Year 2020 Assessed Value $44,126 Land Value $4,145 Improvement Value $39,981 Tax Amount $4,132.26 Change Rate +0.024216% Assessed CR Tax Rate +0.093647%
Year 2019 Assessed Value $42,057 Land Value $3,951 Improvement Value $38,106 Tax Amount $4,034.56 Change Rate +0.1004% Assessed CR Tax Rate +0.095931%
Year 2018 Assessed Value $39,636 Land Value $3,724 Improvement Value $35,912 Tax Amount $3,666.45 Change Rate +0.015137% Assessed CR Tax Rate +0.092503%
Year 2017 Assessed Value $35,376 Land Value $3,564 Improvement Value $31,812 Tax Amount $3,611.78 Change Rate +0.093412% Assessed CR Tax Rate +0.102097%
Year 2016 Assessed Value $32,483 Land Value $3,497 Improvement Value $28,986 Tax Amount $3,303.22 Change Rate -0.010645% Assessed CR Tax Rate +0.101691%
Year 2015 Assessed Value $32,483 Land Value $3,497 Improvement Value $28,986 Tax Amount $3,338.76 Change Rate Assessed CR Tax Rate +0.102785%
Year 2014 Assessed Value $38,319 Land Value $4,376 Improvement Value $33,943 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $4,011.4 Change Rate Assessed CR Tax Rate