Map
Link Copied
Listed price in listed location currency (USD).
$135,000

004

MLS® 202507567

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1782 sqft
Garage No
Taxes $1,656
Days Active 1
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $75
MLS® Number 202507567

Property Address: 1415 5th Ave, Rockford, IL, 61104-3243

Average square foot calculated using Size range provided by listing agent.

Description

Explore a promising investment at 1415 5th Ave, Rockford, IL—a duplex offering steady income with room for value-add potential. The bottom unit is exceptionally clean and requires no immediate work, presenting a move-in-ready asset. The upper unit, while functional, offers an opportunity for cleanup and remodeling to boost rental rates and enhance overall value. Utilities are structured for efficiency: gas is shared, with the landlord billing tenants 50/50 monthly, while electric is separately metered and tenant-paid. Water, sewer, and garbage are currently covered by the landlord, providing flexibility to adjust terms for future profitability. Located in a dependable Rockford rental market, 1415 5th Ave combines stable tenancy with upside potential—an ideal prospect for investors seeking both income and growth.
MLS® Number202507567
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1900
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 15, 2025List Date
$135,000List Price
  • Commute

Commute

Starting Address
Destination Address
1415 5 Th Ave, Rockford, IL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties