1607 Rural Street, Rockford, Illinois 61107
$313,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1955 |
| Property Taxes: | $4,686 |
| Days On Market: | 174 |
| Lot Size: | 0,00 |
Description
**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!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1955 | |
| — | |
| — | |
| No | |
| — |
| Winnebago | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12437228 | |
| 1124327002 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 31 May, 2018 | Sold | $134,000 | MRED MLS |
| 18 Apr, 2018 | Under contract | $124,900 | MRED MLS |
| 11 Apr, 2018 | Listed for sale | $124,900 | MRED MLS |
| 30 Jul, 2021 | Sold | $190,000 | MRED MLS |
| 8 Jun, 2021 | Under contract | $199,900 | MRED MLS |
| 28 May, 2021 | Listed for sale | $199,900 | MRED MLS |
| 4 Sep, 2025 | Sold | $313,000 | MRED MLS |
| 8 Aug, 2025 | Under contract | $309,990 | MRED MLS |
| 4 Aug, 2025 | Listed for sale | $309,990 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 4 | |
| — | |
| — | |
| — | |
| — | |
| 72.8X72.8X150X150 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2018 | $4,455 |
| 2021 | $4,496 |
| 2025 | $4,686 |
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