1631 8th Avenue, Rockford, Illinois 61104
$70,500
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1915 |
| Property Taxes: | $1,915 |
| Days On Market: | 1528 |
| Lot Size: | 0,16 |
Description
If you are an investor looking for a great investment in a seller's market, then look no further than this two unit multifamily in Rockford. Each apartment has two bedrooms and one bathroom, a living room and a kitchen. The home features hardwood floors and original woodwork with new flooring in both kitchens. The units are currently rented for $825 each which includes all utilities. The building has been very well maintained and is equipped with solar panels which provide a significant savings on the cost of electricity. Detached two car garage. Great rental history and good cash flow with a 20% cap rate. So much potential for this great investment property, see it today.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1915 | |
| Full | |
| — | |
| No | |
| 0.16 |
| Winnebago | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| 11228834 | |
| 1125330007 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 5 Nov, 2021 | Sold | $70,500 | MRED MLS |
| 25 Sep, 2021 | Under contract | $72,000 | MRED MLS |
| 24 Sep, 2021 | Listed for sale | $72,000 | MRED MLS |
| 4 Apr, 2025 | Sold | $147,500 | MRED MLS |
| 17 Feb, 2025 | Under contract | $154,900 | MRED MLS |
| 11 Feb, 2025 | Listed for sale | $154,900 | MRED MLS |
Room Specifics
All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —Dimensions: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: FullRooms: —
Basement Description: Unfinished
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 50X140 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2021 | $1,915 |
| 2025 | $1,996 |
Contact Agent
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Listing Provided By
Bird Realty
