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$60,000
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508 Grand Ave
Loves Park, IL 61111
3 bed 1 bath 1,142 SqFt ($52/SqFt)
6,469SqFt lot. Built 1940
Listed 2022-03-29, Taxes $2,045
Ⓧ Possibly USDA Ineligible
due to property condition

near Loves Park

Latest Value Estimates: $59,606 from Quantarium on 2024-04-24. Forecast Estimate Value:$62,275 in 2025-04-01 by Quantarium.

Opportunity knocks with this Loves Park fixer upper!

* No Longer For Sale *
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1142 sq. ft. zoned Commercial Retail and previously used as office/retail space. The house has a large front room, huge eat in kitchen, full bath and bedroom on main level and 2 bedrooms up.

Composite front and back porches, with ramp on back. One car garage and paved parking along one side. Great opportunity for a small business off IL 251 or it may be possible to rezone as it is in a residental area. Cash offers only, please. Sold As Is .





Property MLS #11275149 from MRED

Bedrooms: 3
Bedrooms Possible: 3

Total Rooms: 5
Basement Features: Full
Basement Description: Unfinished

Total Bathrooms: 1
Full Bathrooms: 1

Heating Features: Natural Gas, Forced Air

Lot Size Acres: 0.1485
Lot Size Dimensions: 50X132
Lot Size Square Feet: 6469

Garage Spaces: 1
Parking Features: Off Alley
Parking Total: 3

High School District: 122

Loves Park Elementary School is a public elementary school located approximately 0.2 miles away.
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Harlem Middle School is a public middle school located approximately 0.9 miles away.
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Harlem High School is a public high school located approximately 3.4 miles away.
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St Bridget School is a private elementary and middle school located approximately 0.5 miles away.
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Annual Tax Amount: 2045.00
Source Listing Status: Closed
County: Winnebago
Directions: From IL 251 go east on Grand Ave
Tax Year: 2020
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 1206352013
Township: Rockford
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$16,953 + $3,889
$20,842
$2,045
2019$16,158 + $3,707
$19,865
$2,099
2018$15,228 + $3,493
$18,721
$2,194
2017$14,574 + $3,343
$17,917
$2,137
2016$14,301 + $3,280
$17,581
$2,115
2015$14,301 + $3,280
$17,581
$2,139
2014$14,301 + $3,280
$17,581
$2,114
2013$15,193 + $3,485
$18,678
$2,115
2012$16,113 + $3,696
$19,809
$2,057
2011$16,981 + $3,895
$20,876
$1,999
2010$17,873 + $4,100
$21,973
$1,968
2009$18,129 + $4,159
$22,288
$1,879
2008$17,584 + $4,034
$21,618
$1,808
2007$16,783 + $3,850
$20,633
$1,702

Listing removed 2021-12-18
$0
NorthWestILAlliance
Sold 2021-12-08
$47,000
MRED
Listed 2021-11-22
$60,000
NorthWestILAlliance

Total Square Feet Living: 1142
Year Built: 1940
Property Age: 82
Levels or Stories: 1.5

Sewer: Public Sewer
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.