1607 Rural Street, Rockford, IL 61107

Local realty services provided by:Better Homes and Gardens Real Estate Connections
1607 Rural Street,Rockford, IL 61107
$309,990
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:todd klein
Office:compass
MLS#:12437228
Source:MLSNI

Price summary

  • Price:$309,990

About this home

**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

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Home facts

  • Year built:1955
  • Listing Id #:12437228
  • Added:10 day(s) ago
  • Updated:August 13, 2025 at 07:45 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1955

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$309,990
  • Tax amount:$4,686 (2023)
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