Corcoran Urban Real Estate
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5 Properties Within 0.5 miles of: 1607 Rural, Rockford

1607 Rural
Rockford, IL 61107

  • 4 Beds
  • Built In 1955
Price

$299,990

Est Payment
$1,981 / month (details)  
Taxes
$4,686  
Beds
4  
Rooms
16  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
72.8X72.8X150X150  
Built
1955  
Neighborhood
Rockford  
MLS
#12302843
Status
Active (3 days)

Property Description

This well-maintained, income-generating brick 4-unit building at 1607 Rural St, Rockford, IL is a fantastic investment opportunity. Each spacious 1-bedroom unit features a combined living and dining area, an eat-in kitchen, and ample storage. The property includes a 4-car garage with overhead doors, which had a new roof installed in 2018, as well as a divided basement, providing separate utilities, individual storage, and laundry hookups for each unit. Security entry doors at both the front and back add an extra layer of safety. Three of the four units have been updated, with one featuring central air while the remaining tenants use window A/C units. The landlord covers water, sewer, and garbage, making management straightforward. With proven, reliable tenants and a property that reflects pride of ownership, this is a turnkey investment with steady cash flow potential. Don't miss out-schedule a showing today! One unit vacant and in the process of being leased. Porperty SOLD AS-IS

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
4 Garage Spaces, On Site, Garage Owned, Detached, Garage
Schools
District 205

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-06-2025 Listed at $299,990
Last Modified 5/7/25 11:59 AM

Nearby Transportation

  • Hwy 20 West 4.0 mi
  • Hwy 20 East 4.3 mi
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