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533 E Mill St, Rochester, IL, 62563

2beds
1baths
950sqft
$159,900
$168price/sqft
$1,295/moest. monthly cost
$51,800/yrincome needed

About This Home

Move-in ready home in the highly sought-after Rochester school district! This updated 2 bedroom, 1 bathroom home offers a clean, modern feel with extensive upgrades throughout. The kitchen has been fully refreshed with new cabinets, countertops, stove, microwave, and dishwasher. Additional updates include new windows, doors, carpet and flooring, along with a new bathroom vanity and toilet. Major mechanical improvements provide peace of mind, including new water lines, drain lines, and faucets. The home also features new closet doors and washer/dryer hookups for added convenience. Outside, enjoy a fenced backyard and a two-car garage with a new roof—perfect for storage, hobbies, or extra parking. Ideal for first-time buyers, downsizers, or anyone looking for a low-maintenance home in a great location. Schedule your showing today!

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

6/10
7/10
Rochester Jr High SchoolGrades 7-80.5 mi
7/10
Rochester High SchoolGrades 9-120.6 mi

Construction

Type & Style

  • Home type: Unknown

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range / Oven

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Laminate,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Forced air
  • Cooling features: Central

Interior Area

  • Total interior livable area: 950 sqft

Property

Details

  • Parcel number: 23150180016

Parking

  • Parking features: Garage - Detached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado
Drought
Earthquake
Hail
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $808$9,696
Home Insurance *$106$1,272
Property Taxes $251$3,012
Electricity $130$1,569
Total$1,295$15,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,400/yr
40% on housing$38,850/yr
45% on housing$34,533/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$168This listing

vs Other Active Listings

Avg $/sqft

ZIP 62563$135
Sangamon County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 62563$160
Sangamon County$110

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-17Listed for sale$169,500
2010-03-23Sold$50,000

For Sale by Owner

AgentProperty Owner

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