1415 5th Ave, Rockford, IL, 61104
About This Home
Check out this investment opportunity at 1415 5th Ave in Rockford, IL. This duplex offers steady rental income with room to increase value. The lower unit is clean and move-in ready with no work needed. Tenant in place now with a month to month lease. The upper unit could benefit from updates, giving you a chance to raise rent and improve overall value. Utilities are set up efficiently: gas is split 50/50 between tenants, electric is separately metered and paid by tenants, and the landlord currently covers water, sewer, and garbage—leaving room to adjust for better returns. Located in a solid rental area, this property offers both reliable income and future growth potential.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Roof: Shingle
- Construction materials: Siding,Vinyl
Type & Style
- Home type: MultiFamily
- Property subType: 2 Units
Interior
Appliances
- Appliances included: Refrigerator,Stove/Cooktop,Gas Water Heater
Basement
- Has basement: Yes
Features
- Finished area below ground: 0
- Finished area above ground: 1,782
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,782
- Total interior livable area: 1,782 sqft
Property
Details
- Parcel number: 1125156003
- Special condition: Agent Owned/Interest
Features
- Levels: Two
- Stories: 2
Parking
- Total spaces: 1
- Parking features: Garage
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $606 | $7,272 |
| Home Insurance * | $153 | $1,836 |
| Property Taxes | $227 | $2,724 |
| Electricity | $137 | $1,644 |
| Total | $1,123 | $13,476 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-19 | Price change | $119,900 |
| 2026-03-28 | Listed for sale | $124,900 |
| 2026-03-07 | Listing removed | $130,000 |
| 2026-02-13 | Price change | $130,000 |
| 2026-02-07 | Price change | $125,000 |
| 2026-01-30 | Listed for sale | $130,000 |
| 2026-01-29 | Listing removed | $130,000 |
| 2025-12-27 | Price change | $130,000 |
| 2025-12-16 | Price change | $135,000 |
| 2025-12-15 | Listed for sale | $140,000 |
| 2025-04-11 | Listing removed | $130,000 |
| 2025-04-10 | Pending sale | $130,000 |
| 2025-04-06 | Listed for sale | $130,000 |
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