Company Logo
Contact us: 563.441.1776
SIGN UP Sign In
Company Logo
Refine Search

1507-09 16th Avenue Rockford, IL 61109 Multi Unit - Multiple Active

New
  • 1507-09 16th Avenue, Rockford, IL 61109 Main Photo

36 Total Photos [Click to View All]

Description

Discover the perfect investment opportunity with this charming Early American brick duplex located at 1507-1509 16th Ave, Rockford, IL 61104. Featuring vintage woodwork throughout, each exceptionally spacious unit offers over 1,314 sq. ft. of comfortable living space. The second-floor unit boasts three bedrooms and private front and rear balconies, while the first-floor unit includes two bedrooms and a large, newly added rear deck (2024), ideal for relaxing or entertaining. Currently generating over $26,400 in gross annual income, with potential to exceed $32,000, this property is an ideal live-in investor setup. Recent updates include vinyl windows, furnaces, water heaters, and a first-floor unit equipped with central air conditioning for added comfort. Enjoy the convenience of separate utilities (owner pays water, sewer, and garbage) and ample parking with a newer 1.5-car garage plus a cement parking pad. Situated in Rockford's dynamic market-recognized by Forbes and The Wall Street Journal as one of the nation's hottest affordable housing areas-this duplex combines timeless character with strong income potential. Don't miss your chance to own a piece of this thriving community!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 2,628
County: Winnebago
Listed By:
Berkshire Hathaway HomeServices Crosby Starck RE
Rockford Board of Realtors
$185,000
Est. $1,221/mo
2,628sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET2,628 MLS#202602018
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 205

Get in Touch

agent picture

For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

Contact an agent to learn more about

1507-09 16th Avenue, Rockford, IL 61109.

Contact Form

Preferred Communication Method:

Mortgage Calculator

Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

Customize Your Loan

Customize Your Rate

Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $185,000$185,000$185,000
Down Payment $37,000$6,475$46,250
Monthly Mortgage Amount $864$1,089$1,125
Taxes $257$257$257
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$81$0
Monthly Estimated Total $1,221$1,527$1,482

Customize Your Mortgage

Similar Listings For Sale Sold

Login to My Homefinder

Pixel