13
See all 13 photos
$309,990
Est. payment /mo
4 Beds
4 Baths
Active Under Contract
1607 Rural ST Rockford, IL 61107
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12437228
Bedrooms 4
Year Built 1955
Annual Tax Amount $4,686
Tax Year 2023
Lot Dimensions 72.8X72.8X150X150
Property Sub-Type Two to Four Units
Property Description
**Prime Investment Opportunity - Cash Flow from Day One!** Unlock the potential of this well-maintained, income-producing **brick 4-unit building** at **1607 Rural St, Rockford, IL**-perfect for both seasoned investors and those looking to jumpstart their portfolio. Each **spacious 1-bedroom unit** offers a functional layout with combined living/dining space, eat-in kitchens, and generous storage. The **divided basement** includes separate utilities, laundry hookups, and individual storage for each tenant-**a rare and valuable feature.** A **4-car garage** with overhead doors (new roof in 2018) adds extra rental income or owner storage options. Security entry doors at the front and rear provide added peace of mind. **Three of the four units have been updated**, and **one unit is vacant and ready for new tenants**, giving buyers immediate upside potential. One unit features central air; others use window A/Cs. The landlord currently covers water, sewer, and garbage, keeping things simple from a property management perspective. With **strong rental history and dependable tenants**, this is a **turnkey investment** offering **stable cash flow and minimal hassle**.Sold AS-IS. Schedule your showing today and start collecting tomorrow!
Location
State IL
County Winnebago
Area Rockford
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 4.0
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
New Construction false
Schools
School District 205 , 205, 205
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Todd Klein • Compass
GET MORE INFORMATION
Chris Buckely
IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311
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