This well maintained 4 unit located in the heart of the city offers an excellent opportunity for investors seeking steady rental income. The property features a desirable unit mix of two-2 bedrooms and two-1 bedroom apartments, appealing to a range of tenants. All units filled with tenants on a 1 year lease. Nice size blacktop in the back of the building used for parking. Close to downtown Rockford, schools, parks, and public transit options
Sold for $187,000 on 05/23/25
$187,000
1443 5th Ave, Rockford, IL 61104
--beds
--baths
3,106sqft
3 - 4 Units
Built in 1900
-- sqft lot
$200,500 Zestimate®
$60/sqft
$1,451 Estimated rent
Home value
$200,500
$176,000 - $227,000
$1,451/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 23, 2025 at 02:35pm
Listed by:
Peyton Hannah 815-218-3861,
Dickerson & Nieman
Bought with:
Katie Giese, 475197916
Keller Williams Realty Signature
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202501830
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove/Cooktop, Gas Water Heater
Features
- Has basement: Yes
Interior area
- Total structure area: 3,106
- Total interior livable area: 3,106 sqft
- Finished area above ground: 3,106
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 1125156009
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 - 4 Units
Materials
- Siding, Vinyl
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & neighborhood
Location
- Region: Rockford
- Subdivision: IL
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | $187,000+6.9%$60/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202501830 | ||
| 4/18/2025 | Pending sale | $175,000$56/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202501830 | ||
| 4/16/2025 | Listed for sale | $175,000+134.9%$56/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202501830 | ||
| 12/31/2019 | Sold | $74,500-0.7%$24/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #201906902 | ||
| 12/7/2018 | Listing removed | $75,000$24/sqft |
Source: Keller Williams Realty Signature #201806634 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $2,859 +1.7% | $27,539 +11.9% |
| 2022 | $2,812 | $24,615 +9.1% |
| 2021 | -- | $22,570 +5.8% |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 2/10Constance Lane Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Abraham Lincoln Middle SchoolGrades: 6-8Distance: 0.2 mi
- 1/10Rockford East High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Middle: Abraham Lincoln Middle
- High: Rockford East High
- District: Rockford 205
Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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