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Address Undisclosed, Rockford, IL 61101 (Sold on )

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 $86,000

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  • 2 BedBeds
  • 2 BathBaths
  • SqftSqft
  • TypeMulti Family
  • Active Under Contract
  • MLS# 12609256

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Property Description

Two Unit Investment Opportunity! Featuring two one bedroom units, ideal for investors or an owner-occupant. The upper unit is currently rented at $680/month (below market), offering immediate upside with rents projected between $975-$1,000+ per unit. The property has a solid roof (approx. 10 years old) and sits on a large lot directly next to a park, adding strong tenant appeal. Built in the early 1900s. With a gross potential annual income of $23,400, this is a great opportunity to increase cash flow and build equity. Perfect for investors looking to add value or live in one unit while generating income from the other. Property is being sold As-Is.


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Property Details Address Undisclosed

General

  • MLS#: 12609256
  • Property Type: Multi Family
  • List Date: 04/10/2026
  • Year Built: 1900
  • Area: Rockford
  • Township: Rockford
  • County: Winnebago
  • Beds: 2
  • Total Baths: 2

Schools

  • School District: 205
  • Elementary School: Lewis Lemon Global Studies Acad
  • Middle School: Kennedy Middle School
  • High School: Auburn High School

Structure

  • Roof: Asphalt

Utilities

  • Sewer: Public Sewer
  • Water: Public

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