Rockford, IL 61101
$489,000
Mark Quesada
Broker / Owner
LIC #475144827
Investment opportunity in a prime Rockford location! This four-unit brick building offers a strong combination of existing rental income, recent interior improvements, and off-street parking. Three of the four units are currently rented, providing immediate income, while the vacant model unit offers flexibility for a new tenant or owner. Each unit offers 3 bedrooms and 1 full bath. Recent improvements throughout all four units include fresh paint, quartz countertops, and refinished hardware. The model unit showcases the building's classic character with refinished hardwood flooring, crown molding, large windows, and an arched opening between the main living spaces, along with an updated kitchen featuring white cabinetry, quartz countertops, and stainless steel appliances. A long private driveway leads to a rear parking pad with four dedicated parking spaces. The basement provides a washer/dryer hookup, where the seller currently offers coin laundry, adding an income opportunity for the next owner. A solid multi-unit asset with three occupied units, updated interiors, parking, and a vacant unit ready for its next tenant.
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$3,609/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Sarah Leonard, Legacy Properties, A Sarah Leonard Company, LLC
MLS# MRD12735969 · Active
Interior
Construction
Lot & parking
Utilities
$129,000
Median sale price
35 days
Avg days on market
98.4% of list
Sells for
Closed sales in 61101 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
