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Contingent
  • $309,990

    1607 Rural St, Rockford, IL 61107

    4beds
    --sqft
    : 
    Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Eat-in kitchensSecurity entry doorsGenerous storageSeparate utilitiesLaundry hookupsDivided basementCentral air
    **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!
    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#: 12437228MLS Logo
    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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