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$430,000
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Property Description
Step into a prime investment opportunity in the heart of Rockford with this meticulously maintained 4-family ranch-style property. All brick, this four-unit boasts an impressive design perfect for savvy investors or those seeking to expand their portfolio. Each unit has been thoughtfully updated, featuring new carpeting that enhances the cozy and inviting atmosphere while remaining easy to maintain. Comfort is guaranteed year-round, with gas-forced-air heating and central air conditioning in each apartment, ensuring tenant satisfaction no matter the season. Modern conveniences are at your fingertips: tenant-owned washers & dryers and washer and dryer hookups in the basement. The expansive parking area allows ample space for all residents' vehicles, promoting an attractive living arrangement in a bustling rental market. Strategically positioned near local amenities, including shops, restaurants, and public transit routes, it offers unmatched accessibility for lifestyle needs. Whether you're looking to capitalize on income potential or provide excellent housing options within the community, this multi-family gem stands out as a first-rate choice. Don't miss your chance to own this exceptional property where every detail caters to comfort and profitability!
Full Property Details
Full Property Details for 551 Donna Dr
General
- Price: $430,000
- Taxes: $8,698 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12598802
- Updated: 4/4/2026
- Added to Site: 11 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 8
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Off-Alley, Off-Street, Additional Parking, Owned, Garage
Location
- Area: Rockford
- County: Winnebago
- Township: Rockford
- Driving Directions: N Mulford Road to Garrett Lane to Donna Drive
School Information
- School District: 205
- Elem School District: 205
- Midd School District: 205
- High School District: 205
- Elementary School: Brookview Elementary School
- Middle School: Eisenhower Middle School
- High School: Guilford High School
- Private School: Guilford High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1966
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.37
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: .37
Financial Considerations
- Insurance Fee: $2,770
- Assessment Year: 1966
- Tax Amount: $8,698.58
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1221428003
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Schools
Schools serving 551 Donna Dr
School District:Rockford School District 205
| Name | Grades | Distance |
|---|---|---|
Brookview Elementary School, Rockford, IL 1750 Madron Road, Rockford, IL 61107 | K-5 | 1.2 mi |
Eisenhower Middle School 3525 Spring Creek Road, Rockford, IL 61107 | 6-8 | 2.3 mi |
Guilford High School 5620 Spring Creek Rd, Rockford, IL 61114 | 9-12 | 1.7 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 551 Donna Dr
Date
Details
Price
Change
Source
3/25/2026
Listed
$430,000
77.32%
MLS
4/14/2021
Sold
$242,500
—
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 551 Donna Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,699
4%
$91,792
13%
2023
$8,404
100%
$80,938
12%
2022
-100%
$72,344
9%
2021
$8,130
—
$66,334
6%
2021
$8,130
2%
$62,710
5%
2019
$8,007
10%
$59,769
22%
2017
$7,258
—
$48,918
2%
2016
$7,251
-1%
$48,001
—
2015
$7,342
1%
$48,001
-6%
2018
$7,294
1%
$51,115
6%
2014
$7,192
1%
$48,005
-6%
2013
$7,141
2%
$50,999
-6%
2012
$6,978
—
$54,087
—
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 551 Donna Dr
551 Donna Drive, Rockford, IL 61107 (MLS# 12598802) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 551 Donna Drive is currently listed for $430,000 and was received on March 25, 2026. Want to learn more about 551 Donna Drive? 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.

