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$ 309,990
Est. payment /mo
New
1609 17th AVE Rockford, IL 61104
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12397750
Bedrooms 8
Year Built 1928
Annual Tax Amount $5,044
Tax Year 2024
Lot Dimensions 50X156
Property Sub-Type Two to Four Units
Property Description
This well maintained, income generating all brick 4-unit property is an excellent investment! New ROOF 2025, ($40,000) full remodel of one unit, pictured, excellent opportunity for a live in owner! Each unit features a spacious living room, dining room, space for a table in the kitchen, each unit has 2 bedrooms, one bath. Charming 1920's style, wood trim. Remodeled front and back halls while maintaining the charm of the original woodwork. Remodeled unit (2E) has ALL NEW Windows ($10,000), new bathroom vanity, toilet, floor, medicine cabinet, light fixture. All floors have been refinished, new carpeting in bedrooms new vinyl in kitchen ($5,000). Kitchen has high end cabinets, new countertops, backsplash stove and fridge. The location across from the park reduces neighbors and makes for lovely views and green space! New patios on all four units 2022 ($15,000), new boiler in 2018 ($15,000), Updated flooring, and painted cabinets in kitchen and baths (2022, Aprx - $3500 per unit). Many other updates and improvements! Landlord covers water, sewage, garbage and gas for the boiler heat. Tenants pay electric and cooking gas. Units rent for $700, $755, and $800. Remodeled unit rented for $1150 (vacant now for showing). With three proven, reliable, tenants, and a property that reflects pride of ownership, this is a turnkey investment with steady cash flow. Unit 1E will be left vacant for showings. New countertops and cabinets in unit 1W. New fridge in unit 1E. HUGE basement with tons of potential, a workshop space exists and storage stalls. Opportunity to rent storage to tenants. Schedule a showing today, this will go fast! Property sold AS-IS. Owner is a licensed real estate agent.
Location
State IL
County Winnebago
Area Rockford
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Radiant
Fireplace N
Exterior
Community Features Park
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
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 Carolyn Zasada • Berkshire Hathaway HomeServices Starck Real Estate
