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8 Beds
4 Baths

$295,000

1609 17th Avenue, Rockford IL, 61104

Built in1928
Property typeMulti-family
Listed by Carolyn Zasada with Berkshire Hathaway HomeServices Starck Real Estate 267-221-7693

Overview

Active

Price Change

Listed Feb 11, 2026

Updated 3 days ago

This well maintained, income generating all brick 4-unit property is an excellent investment! New ROOF 2025, ($40,000) full remodel of one unit, pictured, excellent opportunity for a live in owner! Each unit features a spacious living room, dining room, space for a table in the kitchen, each unit has 2 bedrooms, one bath. Charming 1920's style, wood trim. Remodeled front and back halls while maintaining the charm of the original woodwork. Remodeled unit (2E) has ALL NEW Windows ($10,000), new bathroom vanity, toilet, floor, medicine cabinet, light fixture. All floors have been refinished, new carpeting in bedrooms new vinyl in kitchen ($5,000). Kitchen has high end cabinets, new countertops, backsplash stove and fridge. The location across from the park reduces neighbors and makes for lovely views and green space! New patios on all four units 2022 ($15,000), new boiler in 2018 ($15,000), Updated flooring, and painted cabinets in kitchen and baths (2022, Aprx - $3500 per unit). Many other updates and improvements! Landlord covers water, sewage, garbage and gas for the boiler heat. Tenants pay electric and cooking gas. Units rent for $700, $755, and $800. Remodeled unit rented for $1150 (vacant now for showing). With three proven, reliable, tenants, and a property that reflects pride of ownership, this is a turnkey investment with steady cash flow. Unit 1E will be left vacant for showings. New countertops and cabinets in unit 1W. New fridge in unit 1E. HUGE basement with tons of potential, a workshop space exists and storage stalls. Opportunity to rent storage to tenants. Schedule a showing today, this will go fast! Property sold AS-IS. Owner is a licensed real estate agent.

$1,963/mo

Est. mortgage payment based on a $295,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12566120

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$5,045
Tax Frequency
Annually
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Listed by Carolyn Zasada with Berkshire Hathaway HomeServices Starck Real Estate 267-221-7693

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Wexler Gault Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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