This 10 unit building is a real money maker. All units are rented to month-to-month tenants. Yearly income $68,460 but could be higher. The attached 2 story home has 3 units, one 2 bedroom and the other 2 have a one bedroom with small office. Newer roof and furnaces. Water heater about a month old. The other building has one studio apartment and the rest all one bedrooms and 6 one bedrooms, most of them remodeled. Roof was done less than 3 years ago. All units have electric heat and AC in the wall. Parking is unassigned and shared plus there's plenty of street parking. New blacktop. There's a heated 2car garage with workshop, 1/2 bath, utility sink and lots of storage. Building to be sold as a package with 212 N 4th St. Rockford IL 61107. All room sizes are approximate.
For sale
$387,000
218 N 4th St, Rockford, IL 61107
--beds
--baths
7,535sqft
Est.:
5+ Units
Built in 1900
-- sqft lot
$-- Zestimate®
$51/sqft
$-- HOA
What's special
- 179 days
- on Zillow |
- 394 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 03:20pm
Listed by:
Michelle Marcu-Carlson 815-975-0555,
Ultimate Realty Inc.
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202500651

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Electric
Cooling
- Wall Unit(s)
Appliances
- Included: Refrigerator, Stove/Cooktop, Gas Water Heater
Features
- Has basement: Yes
Interior area
- Total structure area: 7,535
- Total interior livable area: 7,535 sqft
- Finished area above ground: 7,535
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking
- Garage spaces: 6
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 1123458010
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Brick/Stone, Wood
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Fuses
- Sewer: City
- Water: City
- Utilities for property: No Separate Utilities
Community & HOA
Community
- Subdivision: IL
Location
- Region: Rockford
Financial & listing details
- Price per square foot: $51/sqft
- Annual tax amount: $7,671
- Price range: $387K - $387K
- Date on market: 2/13/2025
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