434 16th Avenue , Rockford, IL 61104

$220,000
  • 434 16th Avenue , Rockford, IL 61104 Main Photo

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New to the Market New
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!

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 amera.gogambino.com today.

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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: Audrey Mera
Agent Phone: Cell: (608) 419-4166
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,188.48 per month $999.31 Principal & Interest $125.00 Property Tax $64.17 Homeowner's Insurance

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