Contact us: 563.441.1776
Description
This 11 unit building is a real money maker. All units are rented to month-to-month tenants. Yearly income is 114,600. The attached 2 story home has 3 units, one 2 bedroom and the other 2 have a one bedroom with small office. Newer roof and furnaces. Water heater about one year old. The other building has one studio apartment and the rest all one bedrooms and 6 one bedrooms, most of them remodeled. Roof was done less than 4 years ago. All units have electric heat and AC in the wall. Parking is unassigned and shared plus there's plenty of street parking. New blacktop. There's a heated 2car garage with workshop, 1/2 bath, utility sink and lots of storage, currently rented. Building to be sold as a package with 212 N 4th St. Rockford IL 61107. All room sizes are approximate.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 8,135
County: Winnebago
Listed By:
Ultimate Realty Inc.
Rockford Board of Realtors
MLS ID: 202602122
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218 N 4 Street, Rockford, IL 61107.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $480,000 | $480,000 | $480,000 |
| Down Payment | $96,000 | $16,800 | $120,000 |
| Monthly Mortgage Amount | $2,241 | $2,826 | $2,918 |
| Taxes | $668 | $668 | $668 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $211 | $0 |
| Monthly Estimated Total | $3,049 | $3,845 | $3,726 |
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 04/18/2026. The listing information on this page last changed on 04/18/2026. 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 Sat 04/18/2026 6:51:27 AM EST) or MRED MLS (last updated Sat 04/18/2026 2:04:05 AM EST) or SCWMLS (last updated Fri 04/17/2026 11:54:49 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 04/17/2026 10:15:17 PM EST) or Cedar Rapids MLS (last updated Fri 04/17/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Sat 04/18/2026 6:30:26 AM EST) or ICAAR MLS (last updated Fri 04/17/2026 11:37:31 PM EST) or ECIMLS (last updated Fri 04/17/2026 11:44:16 PM EST) or RMLSA (last updated Sat 04/18/2026 1:10:56 AM EST) or Muscatine MLS (last updated Sat 04/18/2026 2:00:23 AM EST) or No Coast MLS (last updated Sat 04/18/2026 12:44:23 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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