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218 Oakwood Ave, Rockford, IL, 61101

5beds
2baths
1,828sqft
$128,900
$71price/sqft
$1,208/moest. monthly cost
$48,320/yrincome needed

About This Home

Welcome to this spacious home located minutes from downtown activities. Main floor master bedroom with additional bedrooms located on both the main floor and upstairs. Newer LVP flooring throughout. The kitchen features stainless steel appliances and new over-sized stainless steel sink. First floor laundry room adds to the convenience of this charming home. Enjoy outside activities in the private, mostly fenced in backyard, complete with patio area. Positioned on a double lot makes this large yard full of potential. Home warranty included for buyers peace of mind. Schedule your showing today!. Seller financing possible upon approval. Some photos are digitally staged.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

2/10
2/10
Kennedy Middle SchoolGrades 6-81.5 mi
1/10
Auburn High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Shingle
  • Construction materials: Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Stove/Cooktop,Gas Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom2

  • Level: Main
  • Area: 121.25

Bedroom3

  • Level: Main
  • Area: 90.3

Bedroom4

  • Level: Upper
  • Area: 100.089

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,828

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,828
  • Total interior livable area: 1,828 sqft

Kitchen

  • Level: Main
  • Area: 170.97

Living Room

  • Level: Main
  • Area: 173.8

Master Bedroom

  • Level: Main
  • Area: 239.913

Property

Details

  • Parcel number: 1122130029

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Fenced

Lot

  • Lot size: 0.26 Acres
  • Features: City/Town

Parking

  • Parking features: Asphalt

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
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Hail
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm
Straight Line Winds
Tornado

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 $651$7,812
Home Insurance *$173$2,076
Property Taxes $244$2,928
Electricity $140$1,687
Total$1,208$14,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,417/yr
40% on housing$36,240/yr
45% on housing$32,213/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: 13.0%
13.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$71This listing

vs Other Active Listings

Avg $/sqft

ZIP 61101$90
Winnebago County$120

vs Homes Sold Last Month

Median $/sqft

ZIP 61101$96
Winnebago County$121

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
2026-06-05Listed for sale$128,900
2026-05-23Listing removed$1,450
2026-05-13Price change$1,450
2026-05-02Listed for rent$1,500
2024-03-20Listing removed--
2024-01-05Listed for rent$1,200
2018-11-24Listing removed$750
2018-10-22Price change$750
2018-10-01Price change$800
2018-09-17Listed for rent$850
2016-04-09Listing removed$850
2016-03-20Price change$850
2016-01-30Price change$800
2016-01-05Price change$850
2015-12-16Listed for rent$800
2015-02-14Listing removed$750
2014-10-16Listed for rent$750
2013-02-06Listing removed$725
2012-12-06Listed for rent$725
2011-07-22Sold$9,000
2010-02-24Sold$5,000
2006-01-11Sold$11,000

For Sale by Agent

AgentSarah Vinnitsky
BrokerageDickerson & Nieman

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