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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
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

3/10
1/10
Rockford East High SchoolGrades 9-121.3 mi

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