A solid investment opportunity with added lifestyle appeal, this well-maintained two-unit property offers flexible living and income potential . Live in one unit while renting out the other, or lease both for strong cash flow-either way, this property delivers value and versatility. Ideally suited for those looking to build equity while maximizing rental income.This well-maintained, two-unit property is move-in ready and offers a great blend of comfort, income potential, and peace of mind thanks to recent major updates and improvements, including: New roof on the entire property Lead pipes replaced, ensuring safer plumbing throughout whole-house water filtration system installed for both units; first floor apartment freshly painted with newer flooring tuckpointing and exterior painting completed, enhancing curb appeal, extensive tree removal ($10,000 investment) to protect the property and roof. Sump pump installed in basement for added water protection. New windows throughout the property. Newer carpeting in the upper unit. Whether you are looking to invest or settle into a home with income potential, this property check all the boxes-done miss the chance to make it yours.
Contingent
Price cut: $8.9K (7/23)
$199,000
201 Adams St, Rockford, IL 61107
5beds
--sqft
Est.:
Multi Family
Built in 1909
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Enhancing curb appealExtensive tree removalNew windowsNewer flooringNewer carpetingNew roof
- 25 days
- on Zillow |
- 744 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 08:52am
Listing courtesy of:
Claudia Torres 630-542-5508,
Century 21 Circle - Aurora,
Dianne Yelm,
Century 21 Circle - Aurora
Source: MRED as distributed by MLS GRID,MLS#: 12419307

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 3
- Parking features: Off Street, On Site, Owned
Features
- Exterior features: Other
Lot
- Dimensions: 82X37.61X82X37.62
- Features: Corner Lot
Details
- Parcel number: 1124355018
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Contemporary
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Other
- Roof: Rubber
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved, Other
Location
- Region: Rockford
Financial & listing details
- Tax assessed value: $40,221
- Annual tax amount: $561
- Date on market: 7/15/2025
- Ownership: Fee Simple
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