




1415 5th Ave, Rockford, IL, 61104
--beds
--baths
1,782sqft
$119,900
$67price/sqft
$1,123/moest. monthly cost
$44,920/yrincome needed
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
62
0
53
Schools
2/10
3/10
1/10
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
