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$128,000
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Property Description
Please allow for 24hr notice since tenant occupied. Earnest money to be held by Title Underwriters. Contact Justin Sheley with any questions. (815) 978-8639 Check out this adorable home located just seconds from the Rock River and many popular Rockford shops and restaurants. The main floor features two bedrooms, one full bathroom, a kitchen, living room, and a finished front porch that adds extra living space. The basement offers an additional finished living area, along with a half bathroom and plenty of storage. A one-car garage is accessible from the alley behind the home. The property is currently rented on a month-to-month basis for $900 per month, making it a great investment opportunity. It could also serve as a low-maintenance primary residence. Recent improvements include a new roof (2019), furnace (2024), air conditioning system (2025), and hot water heater (2019).
Full Property Details
Full Property Details for 314 Olive St
General
- Price: $128,000
- Taxes: $1,268 (2026)
- Status: Active
- Type: Single Family
- Source: 2606
- MLS ID: 202601222
- Updated: 3/6/2026
- Added to Site: 46 day(s) ago
Interior
- Interior Features: Window Treatments
- Appliances: Refrigerator, Stove/Cooktop
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Parking
- Garage Spaces: 1
- Garage Description: Detached
Location
- Area: Winnebago County
- County: Winnebago
- Subdivision: IL
School Information
- School District: Rockford 205
- Elementary School: District 205-RFD
- Middle School: District 205-RFD
- High School: District 205-RFD
Heating & Cooling
- Cooling Type: Central Air
- Water Heater: Gas
Utilities
- Sewer: City/Community
- Water: City/Community
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Brick/Stone, Stucco
- Basement: Yes
- Basement Desc.: Finished
- Roof: Shingle
- Square Feet: 1,312
- Year Built: 1920
Lot Features
- Frontage: City/Town
Water Features
- Water Front Desc.: City/Community
Financial Considerations
- Price Per Sq. Ft.: $97.56
- For Sale/Rent/Lease: For Sale
- Tax Amount: $1,268
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: DUNBAR ADDN E 27.9 FT LOT 017 BLOCK 022
- Flood plain: Yes
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 314 Olive St
School District:Rockford School District 205
| Name | Grades | Distance |
|---|---|---|
Clifford P Carlson Elementary School 4015 Pepper Drive, Rockford, IL 61114 | K-5 | 3.3 mi |
Eisenhower Middle School 3525 Spring Creek Road, Rockford, IL 61107 | 6-8 | 2.5 mi |
Guilford High School 5620 Spring Creek Rd, Rockford, IL 61114 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 314 Olive St
Date
Details
Price
Change
Source
3/06/2026
Listed
$128,000
113.33%
MLS
8/02/2021
Sold
$60,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 314 Olive St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,269
10%
$19,391
13%
2023
$1,152
100%
$17,098
12%
2022
-100%
$15,283
9%
2021
$1,717
—
$14,013
6%
2021
$1,717
2%
$13,247
5%
2019
$1,691
—
$12,625
11%
2017
$1,689
—
$11,386
2%
2016
$1,688
-1%
$11,172
—
2015
$1,709
-22%
$11,172
-24%
2014
$2,198
29%
$14,669
23%
2018
$1,698
-32%
$11,897
-34%
2013
$2,515
2%
$17,959
-6%
2012
$2,457
—
$19,047
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 314 Olive St
314 Olive Street, Rockford, IL 61107 (MLS# 202601222) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 314 Olive Street is currently listed for $128,000 and was received on March 06, 2026. Want to learn more about 314 Olive Street? Do you have questions about finding other Single Family real estate for sale in Rockford? You can browse all Rockford real estate or contact a Coldwell Banker agent to request more information.

