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$ 125,000
Est. payment | /mo
4 Beds
2 Baths
5,662 Sqft Lot
$ 125,000
Est. payment | /mo
4 Beds
2 Baths
5,662 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12481961
Bedrooms 4
Year Built 1920
Annual Tax Amount $1,275
Tax Year 2023
Lot Size 5,662 Sqft
Lot Dimensions 60x96x60x96
Property Sub-Type Two to Four Units
Property Description
Excellent investment potential awaits with this solid brick 2-flat, ideally situated on a nice corner lot. Both units are spacious and identical offering 2 bedrooms and 1 bath. Unit #1 is currently owner-occupied and recently upgraded to a new central air and furnace system for peace of mind. Unit #2 provides immediate rental income with a reliable, tenant paying $650 per month on a month-to-month lease. The separate water heater tank and furnace for the second unit offers a huge convenience for easy management. Additional features include a large, two car detached for extra storage or parking.
Location
State IL
County Winnebago
Area Rockford
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
Building
Lot Description Corner Lot
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 205 , 205, 205
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Scot Craig of Gambino Realtors Home Builders
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Sarah Leonard
Broker | Owner