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 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!
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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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