1631 8th Avenue, Rockford, Illinois 61104
$70,500
Sold
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Status: | Closed |
Sqft: | 0 |
Cost/Sqft: | — |
Beds: | 4 |
Baths: | 0 |
Year Built: | 1915 |
Property Taxes: | $1,915 |
Days On Market: | 1464 |
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 | |
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— | |
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
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
2 | |
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— | |
— | |
— | |
50X140 | |
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— | |
— | |
— | |
Not in DB | |
— | |
— | |
— | |
— |
Tax History
Year | Property Taxes |
---|---|
2021 | $1,915 |
2025 | $1,996 |
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Listing Provided By
Bird Realty