517 8th Street, Rockford, Illinois 61104
$128,500
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 6 |
| Baths: | 0 |
| Year Built: | 1900 |
| Property Taxes: | $2,053 |
| Days On Market: | 82 |
| Lot Size: | 0,00 |
Description
All-Brick Duplex with Significant Income Potential. All-brick duplex offers two spacious 3-bedroom, 1-bath units at 1,322 sq. ft. each. Major systems have been updated, including a new roof in 2013, furnaces replaced in 2023 and 2024, maintenance-free vinyl windows and updated 100-amp electric breakers. The lower unit has been fully remodeled and is move-in ready, featuring new kitchen cabinets and countertops, an updated bathroom with a new mirror, sink, cabinet, toilet, and tiled tub surround, plus fresh paint and new carpeting throughout. This unit should command market rent of at least $900 per month. The upper unit has had a long-term tenant of 11 years and is currently rented at $565/month on a month-to-month basis-well below market rates. With some cosmetic updates, this unit presents a strong opportunity to increase rents to market levels, significantly boosting cash flow. Located just two blocks from Mid-Town and the 7th Street business district, this property offers convenience, stability, and strong investment potential.
Property Specifics
| Multi-unit | |
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| 1900 | |
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| No | |
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| Winnebago | |
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| — / — | |
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| 12440216 | |
| 1126280022 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 9 Oct, 2025 | Sold | $128,500 | MRED MLS |
| 25 Aug, 2025 | Under contract | $145,000 | MRED MLS |
| 7 Aug, 2025 | Listed for sale | $145,000 | MRED MLS |
Room Specifics
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
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Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 50X50X65X65X | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2025 | $2,053 |
Contact Agent
Contact Agent
Listing Provided By
Dickerson & Nieman Realtors - Rockford
