$220,000
 $1,181 est/mo Sourced by Back At You

434 16th Avenue,Rockford, IL 61104

Rockford, IL 61104

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Description

Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1-bath apartments, each capable of generating no less than $1,200 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 an ideal opportunity for investors or owner-occupants alike. A detached 495 SF outbuilding/garage with an upper level offering exceptional flexibility for storage, a workshop, hobby space, or future creative use. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential! SOLD AS-IS

Details

MLS #12708960
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1923
Days On Site53
Listing Provided ByRE/MAX Plaza | Marisol Randazzo

Features

Bed(s)6
Bath(s)2
BasementY
ZoningMULTI
Acreage0.18

Interior

Rooms Total10
HeatingNatural Gas

Exterior

RoofAsphalt
Foundation DetailsStone
Construction MaterialsVinyl Siding
Patio And Porch FeaturesDeck, Porch

Parking

Parking FeaturesOff Street, Driveway, On Street, Alley Access, Garage Faces Rear, Yes, Owned

Utilities

SewerPublic Sewer

Location

Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2024
Tax Annual Amount1500

Area Information

StateIL
CountyWinnebago
CityRockford
Zip Code61104
AreaRockford
School DistrictJefferson High School
Elementary SchoolJulia Lathrop Elementary School
High SchoolJefferson High School
Listing VS Median (in 61104)
Price:
$220,000
low | high
Med:
$175,000
70.454545454545% of Average
On site:
53
low | high
Med:
79
67.088607594937% of Average
Sourced by Back At You

Market Activity 61104

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Learn More About This Property

StateIL
CountyWinnebago
CityRockford
Zip Code61104
AreaRockford
School DistrictJefferson High School
Elementary SchoolJulia Lathrop Elementary School
High SchoolJefferson High School
Listing VS Median (in 61104)
Price:
$220,000
low | high
Med:
$175,000
70.454545454545% of Average
On site:
53
low | high
Med:
79
67.088607594937% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $165K - $275K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
416 16th Avenue Property Photo 1
$189,000
416 16th Avenue
Rockford, IL 61104
Listing Updated: August 11, 2026 at 8:11:22 PM PDT
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