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Sold for $219,000 on 08/06/25
  • $219,000

    501 Fairview Ave, Rockford, IL 61108

    --beds
    --baths
    2,429sqft
    2 Units
    Built in 1958
    -- sqft lot
    $221,700 Zestimate®
    $90/sqft
    $1,289 Estimated rent

    What's special

    Look No Further! Fantastic opportunity to own this all-brick, ranch-style 2-family duplex situated on a spacious corner lot in a highly desirable location! Each unit has been thoughtfully updated with new bathtubs, tile, vanities, and toilets. You'll also find beautiful hardwood floors and eat-in kitchens with stylish tiled backsplashes. One unit features a finished lower level with a full bath—ideal for extra living space or additional rental income. This property is perfect for owner-occupants looking to offset their mortgage with rental income from the second unit, or for savvy investors seeking a solid addition to their portfolio. Additional Highlights: Separate basements for each unit. Attached garage. Expansive lot with plenty of outdoor space. Property is being sold As-Is. Don’t miss out on this income-generating gem in a prime location!

    Zillow last checked: 7 hours ago

    Listing updated: August 06, 2025 at 08:28am

    Listed by:

    Jay Dowthard 815-289-7530,

    Gambino Realtors

    Bought with:

    Keion Hawthorne, 475126052

    Key Realty, Inc

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202503896MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Stove/Cooktop, Natural Gas Water Heater
    Features
    • Basement: Full
    Interior area
    • Total structure area: 2,429
    • Total interior livable area: 2,429 sqft
    • Finished area above ground: 1,829
    • Finished area below ground: 600

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Details
    • Parcel number: 1230280015
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Units
    Materials
    • Brick/Stone
    • Roof: Shingle
    Condition
    • Year built: 1958

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: City
    • Water: City
    • Utilities for property: Separate Utilities

    Community & neighborhood

    Location
    • Region: Rockford
    • Subdivision: IL
    Services availability
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