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2311 23rd Street Rockford, IL 61108 Multi Unit - Multiple Active

  • 2311 23rd Street, Rockford, IL 61108 Main Photo

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Description

Check out this nicely maintained, income-producing townhouse-style 5-unit property! Each spacious unit offers 3 bedrooms,1.5 bathrooms, a private basement with laundry hookups, and a fenced-in patio area. The ideal layout provides tenants with plenty of living space, storage, and privacy, while onsite parking adds convenience. Recent improvements include newer HVAC systems, central air units, and some newer water heaters. Each unit is equipped with circuit breakers. Pride of ownership is evident throughout, with plenty of preventative maintenance completed over the years. With two units currently vacant, this property offers an excellent opportunity for an owner-occupant or the potential to increase rental income. Centrally located near shopping, everyday amenities, and convenient highway access. A great opportunity to add a well-maintained multi-family property to your investment portfolio!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 6,400
County: Winnebago
Listed By:
Keller Williams Realty Signature 815-315-1111
MRED MLS
$640,000
Est. $4,314/mo
6,400sqft
Active Price Reduced $45,000 on September 2nd, 2026
BEDS0 BATHS SQUARE FEET6,400 MLS#12744103
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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2311 23rd Street, Rockford, IL 61108.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $640,000$640,000$640,000
Down Payment $128,000$22,400$160,000
Monthly Mortgage Amount $3,236$3,972$4,018
Taxes $891$891$891
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$282$0
Monthly Estimated Total $4,314$5,332$5,096

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