Colonial Gardens, Machesney Park, IL
Colonial Gardens — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Colonial Gardens, Machesney Park, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Colonial Gardens Neighborhood Overview
Colonial Gardens is a residential neighborhood located in the village of Machesney Park, Illinois. Situated in ZIP code 61115, it offers a suburban living experience within the greater Rockford metropolitan area. The community is characterized by its quiet streets and family-friendly atmosphere.
Lifestyle & Amenities
Residents enjoy a convenient suburban lifestyle with easy access to local shopping and dining options along North Second Street and Illinois Route 251. The neighborhood's location provides proximity to parks and recreational facilities managed by the Harlem-Roscoe Fire Protection District and local park districts. Daily needs are met by nearby grocery stores, retailers, and service providers.
Real Estate Market
The real estate in Colonial Gardens primarily consists of single-family homes. According to Census data, the median home value is $150,400, while current market metrics show an asking price per square foot of approximately $132.26. This indicates a market that provides homeownership opportunities at accessible price points for the region.
Schools & Education
Families in Colonial Gardens are served by the Harlem School District 122, which operates several elementary, middle, and high schools in the area. The district is known for its commitment to student development and community involvement. For higher education, residents have access to nearby institutions like Rock Valley College.
Transportation & Connectivity
The neighborhood is well-connected by major roads, including Illinois Route 251 and North Second Street, facilitating easy commutes to Rockford and other parts of the region. While primarily car-dependent, the area's layout allows for efficient travel to employment centers and retail corridors. Public transportation options are available through the Rockford Mass Transit District.
Why Choose Colonial Gardens
Colonial Gardens appeals to homebuyers seeking an affordable, stable community with a median household income of $70,500. It offers the benefits of suburban living—including space and quiet—while remaining close to urban amenities and employment opportunities. The neighborhood represents a practical choice for families and individuals looking to establish roots in the Rockford area.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Colonial Gardens Market Data
| Metric | Value |
|---|---|
| Median Home Price | $150K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $71K |
| Homeownership Rate | 80.3% |
| Renter-Occupied | 19.7% |
| Rental Vacancy Rate | 5.4% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 61115 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Colonial Gardens, Machesney Park
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Colonial Gardens, Machesney Park, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14