Contact us: 563.441.1776
Description
Two Unit Investment Opportunity! Featuring two one bedroom units, ideal for investors or an owner-occupant. The upper unit is currently rented at $680/month (below market), offering immediate upside with rents projected between $975-$1,000+ per unit. The property has a solid roof (approx. 10 years old) and sits on a large lot directly next to a park, adding strong tenant appeal. Built in the early 1900s. With a gross potential annual income of $23,400, this is a great opportunity to increase cash flow and build equity. Perfect for investors looking to add value or live in one unit while generating income from the other. Property is being sold As-Is. Front soffit is being repaired and will be painted within a week.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 1,392
County: Winnebago
Listed By:
Gambino Realtors
Rockford Board of Realtors
MLS ID: 202601794
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1105 N Horsman Street, Rockford, IL 61101.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $86,000 | $86,000 | $86,000 |
| Down Payment | $17,200 | $3,010 | $21,500 |
| Monthly Mortgage Amount | $407 | $506 | $527 |
| Taxes | $120 | $120 | $120 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $38 | $0 |
| Monthly Estimated Total | $627 | $764 | $747 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/14/2026. The listing information on this page last changed on 04/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/14/2026 1:23:37 AM EST) or MRED MLS (last updated Tue 04/14/2026 1:15:13 AM EST) or SCWMLS (last updated Mon 04/13/2026 11:54:41 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/13/2026 10:15:23 PM EST) or Cedar Rapids MLS (last updated Mon 04/13/2026 10:44:15 PM EST) or NEIRBR MLS (last updated Tue 04/14/2026 1:18:44 AM EST) or ICAAR MLS (last updated Mon 04/13/2026 11:37:30 PM EST) or ECIMLS (last updated Mon 04/13/2026 11:44:13 PM EST) or RMLSA (last updated Tue 04/14/2026 1:10:57 AM EST) or Muscatine MLS (last updated Tue 04/14/2026 1:15:24 AM EST) or No Coast MLS (last updated Tue 04/14/2026 12:44:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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