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$169,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • 1 Car Garage
  • Updated 1 day ago
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Prime East State Duplex - Turn-Key Investment Near Major Hospitals The main-floor unit features 2 bedrooms, 1 full bath, a brand-new kitchen with new appliances, a fully renovated bathroom, hardwood floors throughout, fresh paint, and a main-floor laundry with a new washer and dryer. Enjoy private deck access and a detached one-car garage. The upper-level unit offers a spacious 1-bedroom with a large walk-in closet, 1 full bath, and a private porch. Major updates include a new roof, new soffit and gutters, making this a low-maintenance, move-in-ready property. Perfect for investors seeking steady cash flow or for house hackers. Don't miss this RARE opportunity! Some photos are virtually staged.

Full Property Details for 502 Pearl St

General

  • Price: $169,900
  • Taxes: $1,897 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12567220
  • Updated: 2/12/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: Rockford
  • County: Winnebago
  • Township: Rockford
  • Driving Directions: From I-90, take East State St east toward Rockford. Turn right (south) on Kishwaukee St, then turn left (east) on Pearl St. Property is located at 502 Pearl St.

School Information

  • School District: 205
  • Elem School District: 205
  • Midd School District: 205
  • High School District: 205

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air, Baseboard

Utilities

  • Sewer: Community Sewer
  • Water: Community

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Partial
  • Year Built: 1910
  • Built Before 1978: Yes
  • Remodeled/Updated: 2025

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 140
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1910
  • Tax Amount: $1,897
  • Tax Year: 2024
  • Pays Sewer: Community Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1125253001

Listed by Keller Williams Realty Signature

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— 502 Pearl St —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 502 Pearl St

School District:Rockford School District 205
NameGradesDistance
Maud E Johnson Elementary School
3805 Rural Street, Rockford, IL 61107
K-51.5 mi
Abraham Lincoln Middle School
1500 Charles Street, Rockford, IL 61104
6-80.4 mi
Rockford East High School
2929 Charles Street, Rockford, IL 61108
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 502 Pearl St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Listed
$169,900
-55.87%
MLS
3/24/2020
Sold
$385,000
—
Public Record
Get Price Alerts and Save Property
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 for 502 Pearl St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,897
4%
$20,015
13%
2023
$1,832
100%
$17,648
12%
2022
-100%
$15,774
9%
2021
$1,773
—
$14,463
6%
2021
$1,773
2%
$13,673
5%
2019
$1,746
11%
$13,032
18%
2018
$1,570
1%
$11,002
4%
2017
$1,562
—
$10,529
2%
2016
$1,561
-1%
$10,332
—
2015
$1,580
2%
$10,332
—
2014
$1,548
120%
$10,332
105%
2013
$704
2%
$5,028
-6%
2012
$688
—
$5,333
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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502 Pearl Street, Rockford, IL 61104 (MLS# 12567220) is a Multi-Family property with 2 units containing 3 bedrooms and 0 full bathrooms. 502 Pearl Street is currently listed for $169,900 and was received on February 12, 2026. Want to learn more about 502 Pearl Street? Do you have questions about finding other Multi-Family real estate for sale in Rockford? You can browse all Rockford real estate or contact a Coldwell Banker agent to request more information.

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