JonathanR. Krause, President, Designated Managing Broker
BEDS6
BATHS2 full
MLS#12708960
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 205
Property Description
Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1 bath apartments, each capable of generating no less than $1200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit. Separate entrances and functional layouts make this a great opportunity for investors or owner-occupants alike. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Stone/Rock, Full
Heating: Natural Gas
Lot Size: 0.18 Acres
Roof Type: Asphalt
Taxes: $1,500
Year Built: 1923
Feature Descriptions
Additional Structures: Outbuilding, On Street, Garage Faces Rear
Exterior: Vinyl Siding
Lot Dimensions: 160.4x50
Other Equipment: CO Detectors, Ceiling Fan(s), Security Cameras, Water Heater-Gas
Parcel#: 1135105018
Parking: Off Street, Driveway, On Street, Alley Access, Garage Faces Rear, Yes, Owned
Sewer: Public Sewer
Total Rooms: 10
Township: Rockford
Water: Public
Local Schools
High School: Jefferson High School
Middle School: Rockford Envrnmntl Science Acad
Elementary School: Julia Lathrop Elementary School
School District: District 205
Listed By / Shown By
Listed By
Agency Name: RE/MAX Plaza
Agency Phone: 815-338-4455
Shown By
Agent Name: Jonathan R. Krause, President, Designated Managing Broker
Agent Phone: (815) 262-5226
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 1,188.48 per month $999.31 Principal & Interest $125.00 Property Tax $64.17 Homeowner's InsuranceChange Payment Information
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434 16th Avenue | MLS# 12708960
This multi-family property located at 434 16th Avenue , Rockford, IL 61104 is currently listed for sale with an asking price of $220,000. 16th Avenue is located within the District 205 school district. Search Rockford real estate on jkrause.gogambino.com today.