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
Map
Street View

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
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Unfinished

Other Specifics

2
50X140
Not in DB

Tax History

Year Property Taxes
2021 $1,915
2025 $1,996

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Listing Provided By

Bird Realty