**Prime Investment Opportunity - Cash Flow from Day One!** Unlock the potential of this well-maintained, income-producing **brick 4-unit building** at **1607 Rural St, Rockford, IL**-perfect for both seasoned investors and those looking to jumpstart their portfolio. Each **spacious 1-bedroom unit** offers a functional layout with combined living/dining space, eat-in kitchens, and generous storage. The **divided basement** includes separate utilities, laundry hookups, and individual storage for each tenant-**a rare and valuable feature.** A **4-car garage** with overhead doors (new roof in 2018) adds extra rental income or owner storage options. Security entry doors at the front and rear provide added peace of mind. **Three of the four units have been updated**, and **one unit is vacant and ready for new tenants**, giving buyers immediate upside potential. One unit features central air; others use window A/Cs. The landlord currently covers water, sewer, and garbage, keeping things simple from a property management perspective. With **strong rental history and dependable tenants**, this is a **turnkey investment** offering **stable cash flow and minimal hassle**.Sold AS-IS. Schedule your showing today and start collecting tomorrow!
Contingent
$309,990
1607 Rural St, Rockford, IL 61107
4beds
--sqft
Est.:
Multi Family
Built in 1955
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Eat-in kitchensSecurity entry doorsGenerous storageSeparate utilitiesLaundry hookupsDivided basementCentral air
- 10 days
- on Zillow |
- 946 |
- 59 |
Zillow last checked: 7 hours ago
Listing updated: August 10, 2025 at 07:13am
Listing courtesy of:
Todd Klein 847-609-8633,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12437228

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 4
Lot
- Dimensions: 72.8X72.8X150X150
Details
- Parcel number: 1124327002
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Rockford
Financial & listing details
- Tax assessed value: $135,375
- Annual tax amount: $4,686
- Date on market: 8/4/2025
- Ownership: Fee Simple
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