Great investment opportunity! This 4 unit building has been recently updated with a exterior paint, new floors throughout, and newer roof. Could be perfect for a live in owner or someone who wants to add to their portfolio. Garage area could be used for additional storage but are not being currently used. Sold as is.
Impeccably maintained two-family property with numerous updates! This property features two 1-bedroom, 1-bath units, each with its own laundry facilities. The kitchens, bathrooms, and flooring have all been updated, and newer windows were installed in 2015 and 2021. With basement access, the main floor unit offers laundry facilities and ample storage, complemented by updated laminate wood-look flooring and a fully enclosed front porch. The upper unit features in-unit laundry, updated carpeted flooring, and a cozy deck at the rear. Recent exterior updates include fresh paint in 2023, driveway repairs, and a roof replacement in 2015. Amazing 3 private garage spaces built in 2001, third space can be rented for an extra income. Utilities are separate, except for water and garbage, which are covered by the owner. This property is move-in ready, with all the work already completed! Current rents at 800 hundred each.
CALLING ALL INVESTORS/PROJECT DOERS AND EQITY SEEKING BUYERS - an amazing opportunity awaits you! Large 2 unit residential building in a great family oriented area - Rehab to Live in one unit and rent the other or Rehab and rent both. The 2 unit has 2 bedrooms and 1 bath in each unit, along with a full basement. PRICED TO SELL FAST AND MAKE LOTS OF $$$$ CASH- COMPS IN AREA ARE $150K Property is sold in "AS-IS" condition - no survey, no termite provided by Seller- No seller repair credits offered. Please provide proof of funds and fully signed disclosures with all OFFERS-
Investor's Dream! Turn-Key Multi-Unit Property in Churchill's Grove Discover a remarkable investment opportunity with this fully renovated, turn-key multi-unit property located in the desirable Churchill's Grove neighborhood of Rockford, IL. This two-family home has been meticulously transformed both inside and out, making it a rare find for savvy investors looking for a ready-to-go income generator. Property Features: Completely Renovated: New electrical, PEX plumbing, drywall, and insulation throughout. Modern Upgrades: New architectural trim, fixtures including ceiling fans, LED lighting, custom glass mirrors, and cabinetry. Luxurious Finishes: Italian white quartz countertops, restored 100-year-old built-in dining room storage, and custom-built walk-in showers with sliding glass doors. Designer Touches: High-end textile carpet, textured vinyl flooring, fresh custom paint, and new vinyl windows. Cozy Living: Custom-built gas fireplace with Italian white quartz surround and remote control for easy operation. Brand New Appliances: Including a $12k high-efficiency tankless boiler heater, two 50-gallon water heaters, and a Culligan water softener system. Security and Peace of Mind: ADT security system with a 24/7 infrared camera system. Outdoor Living: New landscaping, sod, and irrigation system, massive new concrete areas, a custom-built pergola, and an entertainment patio. Ample Parking: Private off-street parking pad in the rear with room for up to 4 vehicles, plus a detached heated two-car garage. New Exterior: Premium designer brand siding, new architectural roof, and countless exterior improvements. This fully furnished property is ready for its next investor. With every detail meticulously upgraded and no expense spared, this home offers a unique opportunity to start generating income from day one. Don't miss out on this turn-key investment opportunity in one of Rockford's most sought-after neighborhoods!
Income-generating property ready for its new owner brings in $1,550 per month. Both sides are occupied. The first unit has two beds and one bathroom. The second unit has two beds and two full bathrooms, each unit has its basement, and they share a two-car garage and a decent-sized yard.
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.
4 family building. Separate utilities. Updated electric panels. All units are 1 bed, 1 bath with rents ranging from $500 to $600 each. Each unit includes a porch. Some yard space around back. Hardwood flooring in most units. Building sold AS-IS, inspections are welcome. New Furnaces, New Water heaters, some new windows in July.
Income investment opportunity! 4 unit building for sale with incredible potential- 2 1-bedroom units and 2 studio units. Currently vacant, waiting for finishing touches and tenants. Opportunity awaits, don't miss out!
Mixed use property, 3 commercial spaces and 3 apartments. Roof replaced 2017, Furnace and Central Air 2024, Apartment electrical panels2022, Gas forced air and AC for 1st floor barber shop, Window air and boiler for 1st floor HVAC/Electrician Office, Window air and boiler for upstairs apartments, Owner covers Water, sewer, and gas for heat, Apartments over gas for kitchen, Elec metered separately: all apartments and all commercial spaces. Agent Owned. Barber shop 1002 & 1004 East State St - Rent is $700 per mth w/ a $75/mo utility charge, HVAC office 103 Hall St - Rent is $300 per mth w/ a $50/mo utility charge, Apart 101 Hall St: Apart 1: 2 bed Vacant / last rented for $800 w/ a $50 utility charge, Apartment 2: studio 1 bath Occupied & rented through May 2025.$600/mo plus $50 utility charge, Apart 3: 1 bed 1 bath Occupied & rented through May 2025. $700/mo plus $50 utility charge.
Two-story brick duplex located a block away from Keye-Mallquist Park. 2 Bedrooms and 1 Bathroom in each unit. Both units are currently rented at 750 a month. Excellent investment opportunity.
!!Motivated Seller!! *INVESTOR ALERT or MULTI-GENERATIONAL LIVING OPPORTUNITY** LOOKING FOR A SOLID INVESTMENT? LOOK NO FURTHER! Fully renovated 2 flat with all NEW electrical, plumbing, HVAC system, and ductwork! Unit 1 is a 3 bed 2 bath, Unit 2 is a 4 bed 2 bath. Each primary suite has its own private full bath. This home has NEW walls, NEW floors, NEW lights, NEW doors- EVERYTHING HAS BEEN REPLACED! New gutters and downspouts, fresh paint, all new appliances, this place needs nothing but for you to sit back and relax and LET THE CASH FLOW IN! Both units are month to month. Rockford was just named one of the best real estate markets in the country! Located just 1 mile from Swedish American Hospital, 9 minute drive to Mercy Health Hospital (perhaps a short term furnished rental option?! This property has succeeded at this in the past!) Contact listing agent for video tours! Will offer home warranty for strong offer. Easy walking distance from the newly built Constance Lane Elementary School, directly across the street from a field of lush grass that serves as a park district (netted) golf area for children. Situated on the banks of the Rock River Rockford has all the amenities of a large city but with a lower cost of living, explore the Burpee Natural History Museum, Tinker Swiss Cottage, Rockford Art Museum, or the Discovery Center! Enjoy Rockford park district's miles of trails and paths, the Nicholas Conservatory & Gardens, the Sinnissippi Gardens, Anderson Japanese Garden, or Klehm Arboretum & Botanical Gardens! *Property is Agent Owned* Must be a cash purchase, proof of funds required to show.
Great investment property with 4 units that are 1 bed with 1 bath. Equipped with a nice, spacious yard! All units are vacant and ready to show.
The median home value in Rockford, IL is $165,000. This is higher than the county median home value of $155,300. The national median home value is $338,100. The average price of homes sold in Rockford, IL is $165,000. Approximately 48.54% of Rockford homes are owned, compared to 41.62% rented, while 9.85% 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 has a population of 148,942. Rockford is less family-centric than the surrounding county with 22.48% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Rockford, Illinois is $47,002. The median household income for the surrounding county is $57,779 compared to the national median of $69,021. The median age of people living in Rockford is 37.6 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.7 degrees. The average rainfall is approximately 37.1 inches per year, with 35.1 inches of snow per year.