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1516 E Gate Pkwy; Rockford, IL Property Details

1516 E Gate Pkwy, Rockford, IL is a Single Family that was built in 1939. This property is currently Financed and is not for sale. Our records show that 1516 E Gate Pkwy has 3 bedrooms, and 1 bathroom, and a total of 1,324 square feet. The lot size of 1516 E Gate Pkwy is 20,909 square feet.

Off market  •   Bankruptcy ✓
1516 E Gate Pkwy Rockford, IL 61108
$69,500 Listing Price
3 Beds
1 Baths
1,324 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1939
  • Purchase Price: $69,400
  • Open Loans / Balance: 2 / $53,710
  • Est. Equity / %: $117,290 / 68.59%
  • Inv. Liens / Amount: 1 / $354
  • Gross Yield: 13.291%
  • APN: 1231229005
  • Situs County: Winnebago
  • Length Of Ownership: 11 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Brick
  • Floor Cover Type: Wood
  • Stories: 1
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 1,324/SqFt
  • Lot: 20,909/SqFt
  • Gross: 2,244/SqFt
  • Garage: 520/SqFt
  • Living: 1,324/SqFt
  • Basement: 920/SqFt
  • Building: 2,244/SqFt
  • Ground: 920/SqFt
  • Price Per Square Foot: $52.42

Legal Description

  • Description: RE-PLAT PT ROLLING GREEN A RESIDL PK BNG SUB PT OF NE 1/4 SEC 31 44 2 BLK 5LOT 4 & 5
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: 42.2518 / -89.03941
  • Subdivision: Rolling Green A Residl Pk
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 31

Amenities

  • Plus Four: 5908
  • Bathroom Fixtures: 5
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

1516 E Gate Pkwy has no associated ownership info
1516 E Gate Pkwy has no associated ownership info.

Taxes

1516 E Gate Pkwy has 10 associated Taxes items

1516 E Gate Pkwy, 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 $45,320. The APN we've located for 1516 E Gate Pkwy is 1231229005.

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Taxes
  • Assessed Value:  $45,320
  • Assessed Year:  2025
  • Assessed County:  Winnebago
  • APN:  1231229005
  • Assessed Land Value:  12136
  • Market Land Value:  36408
  • Tax Amount:  3471.56
  • Tax Year:  2025
  • Market Value:  135960
  • Market Year:  2025

Tax History

1516 E Gate Pkwy has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $45,320 Land Value $12,136 Improvement Value $33,184 Tax Amount $3,471.56 Change Rate +0.056611% Assessed CR Tax Rate +0.076601%
Year 2024 Assessed Value $40,671 Land Value $10,891 Improvement Value $29,780 Tax Amount $3,285.56 Change Rate +0.059619% Assessed CR Tax Rate +0.080784%
Year 2023 Assessed Value $35,862 Land Value $9,603 Improvement Value $26,259 Tax Amount $3,100.7 Change Rate +0.041636% Assessed CR Tax Rate +0.086462%
Year 2022 Assessed Value $32,054 Land Value $8,583 Improvement Value $23,471 Tax Amount $2,976.76 Change Rate +0.038327% Assessed CR Tax Rate +0.092867%
Year 2021 Assessed Value $29,391 Land Value $7,870 Improvement Value $21,521 Tax Amount $2,866.88 Change Rate +0.023447% Assessed CR Tax Rate +0.097543%
Year 2020 Assessed Value $27,785 Land Value $7,440 Improvement Value $20,345 Tax Amount $2,801.2 Change Rate +0.020875% Assessed CR Tax Rate +0.100817%
Year 2019 Assessed Value $26,482 Land Value $7,091 Improvement Value $19,391 Tax Amount $2,743.92 Change Rate +0.055325% Assessed CR Tax Rate +0.103615%
Year 2018 Assessed Value $24,957 Land Value $6,682 Improvement Value $18,275 Tax Amount $2,600.07 Change Rate -0.020128% Assessed CR Tax Rate +0.104182%
Year 2017 Assessed Value $23,885 Land Value $6,395 Improvement Value $17,490 Tax Amount $2,653.48 Change Rate +0.076934% Assessed CR Tax Rate +0.111094%
Year 2016 Assessed Value $22,311 Land Value $6,275 Improvement Value $16,036 Tax Amount $2,463.92 Change Rate -0.012449% Assessed CR Tax Rate +0.110435%
Year 2015 Assessed Value $22,311 Land Value $6,275 Improvement Value $16,036 Tax Amount $2,494.98 Change Rate Assessed CR Tax Rate +0.111827%
Year 2014 Assessed Value $24,889 Land Value $7,826 Improvement Value $17,063 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,325.84 Change Rate Assessed CR Tax Rate