434 16th Ave

Rockford, IL 61104
  • $220,000

    Price
  • 6

    Bed
  • 2

    Bath
  • 0

    SqFt

About the Listing 5136 - 58327,1011031

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

Listing Highlights

Status Pending
Days on Site 42
Property Type Multi-Family
MLS ® 12708960
Year Built 1923
Total Square Footage 0
Lot/Acreage 160.4x50
County Winnebago
School District 205
High School Jefferson High School

Interior Details

  • Bedrooms: 6
  • Bathrooms: 2 Full
  • Appliances: CO Detectors,Ceiling Fan(s),Security Cameras,Water Heater-Gas
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Stone/Rock,Full
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 160.4x50
  • Zoning: MULTI
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Street,Driveway,On Street,Alley Access,Garage Faces Rear,Yes,Owned

Financial Details

  • Tax Amount: $1,500
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1135105018
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

434 16th Ave Rockford, IL 61104

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

Agent profile image in chat bubble
Agent profile image in chat header

Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

Agent profile image in message

or another way