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Rockford, IL Properties

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Find, analyze, and compare Rockford, IL investment properties, including off-market opportunities and residential homes with value-add potential. Rockford offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Illinois. Explore housing market trends in Rockford, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Rockford, IL for your real estate goals.

In Rockford, the median property value currently stands at $121,092. The housing market includes a total of 73,349 houses.The median home in Rockford has 1,574 square feet of living space, priced at a median of $98 per square foot with a median year built of 1960. For long-term rental properties in Rockford, the median annual gross rental income is $35,400 (or $2,950/month) with estimated operating expenses of $11,104, resulting in an approximate gross cap rate of 13.34%.

Property Intel by Whitepages helps investors and homeowners explore the Rockford area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Rockford, IL.

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Housing Market Trends & Statistics for Rockford, Illinois

Median Property Value
$121,092
Total number of Properties
73,349
Median Living Space
1,574 sq ft
Median Year Built
1960 (65 years)
5-Year Appreciation Forecast
Median Lot Size
10,298 sq ft
Average Ownership
1 year
for Rockford, IL
  • Est. Rental Income
    $35,400 ($2,950 per month)
  • Net Operating Income
    $24,297 ($2,025 per month)
  • Cap Rate
    13.34%

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