This 5 unit multifamily building located on the east side of town presents a great investment opportunity for savvy buyers. With its low taxes, car port, and large parking lot, this property is sure to attract tenants and generate steady rental income. Don't miss out on this chance to secure a profitable real estate asset. Seller is open yo owner finance offers.
Great investment opportunity. Perfect for a live in owner to grow equity or rent out both units. Charming duplex in great location. New A/C in one unit, New blower motor for furnace in other unit. New/newer water heaters. Currently rented mo/mo - under market rate. County taxes.
The median home value in Rockford, IL is $84,100. This is lower than the county median home value of $106,200. The national median home value is $219,700. The average price of homes sold in Rockford, IL is $84,100. Approximately 49.2% of Rockford homes are owned, compared to 39.67% rented, while 11.13% are vacant. Rockford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rockford real estate agent to arrange a tour today!
Rockford, Illinois 61108 has a population of 148,640. Rockford 61108 is less family-centric than the surrounding county with 24.4% of the households containing married families with children. The county average for households married with children is 27.29%.
The median household income in Rockford, Illinois 61108 is $41,991. The median household income for the surrounding county is $51,110 compared to the national median of $57,652. The median age of people living in Rockford 61108 is 36.5 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 36.5 inches per year, with 36.7 inches of snow per year.