434 16th AVE, Rockford, IL 61104
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$220,000
Est. payment /mo
6 Beds
2 Baths
7,840 Sqft Lot
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Open House

Sun Jul 26, 12:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12708960

Bedrooms 6

Year Built 1923

Annual Tax Amount $1,500

Tax Year 2024

Lot Size 7,840 Sqft

Lot Dimensions 160.4x50

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1 bath apartments, each capable of generating no less than $1200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit. Separate entrances and functional layouts make this a great opportunity for investors or owner-occupants alike. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential!

Location

State IL

County Winnebago

Area Rockford

Zoning MULTI

Rooms

Basement Unfinished, Stone/Rock, Full

Interior

Heating Natural Gas

Equipment CO Detectors, Ceiling Fan(s), Security Cameras, Water Heater-Gas

Fireplace N

Exterior

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Julia Lathrop Elementary 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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Midwest Real Estate Data (MRED) IDX
Listed by Marisol Randazzo of  RE/MAX Plaza 

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NEARBY SCHOOL & BUSINESS

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Angela Ketelsen

Angela Ketelsen

+1(815) 980-0144

Agent | License ID: 475192585

Agent License ID: 475192585

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434 16th AVE