Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
8 Properties Within 0.5 miles of: 1607 Rural, Rockford
  • Pages:
  • 1
  • 2

1607 Rural
Rockford, IL 61107

  • 4 Beds
  • Built In 1955
Price

$309,990

Est Payment
$2,034 / 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
#12437228
Status
Contingent

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!

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

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

Listing History

08-04-2025 Listed at $309,990
08-10-2025 Status changed to Under Contract
Last Modified 8/10/25 9:12 AM

Nearby Transportation

  • Hwy 20 West 4.0 mi
  • Hwy 20 East 4.3 mi
grid
Register to see 0 more properties