$80,000
$90,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
SOLD DATE : 04/22/2025
Key Details
Sold Price $80,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12272774
Sold Date 04/22/25
Bedrooms 7
Year Built 1920
Annual Tax Amount $1,446
Tax Year 2023
Lot Dimensions 5227
Property Sub-Type Two to Four Units
Property Description
3-unit multifamily property in Rockford, IL offers excellent potential for both investors and owner-occupants. The property features two spacious 3-bedroom, 1-bathroom units and a smaller 1-bedroom, 1-bathroom unit. With separate water heaters and heating systems-electric baseboard heaters in the first-floor units and a forced air gas furnace on the second floor-this property provides tenants with individual control over their heating. Tenants supply their own air conditioning. The landlord covers water, sewer, garbage, and exterior maintenance, making this a convenient option for tenants. Two of the units are vacant, allowing immediate flexibility for new tenants or renovation plans.
Location
State IL
County Winnebago
Rooms
Basement Unfinished, Full
Interior
Heating Forced Air
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
Elementary Schools King Gifted School
Middle Schools Rockford Envrnmntl Science Acad
High Schools Jefferson High School
School District 205, 205, 205
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Juan Medina • Realty of America
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "