Rockford, IL 61104 1609 17th Avenue
$300,000



18 more



















Presented By: Berkshire Hathaway HomeServices Starck Real Estate
Home Details
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.
Presented By: Berkshire Hathaway HomeServices Starck Real Estate
Interior Features for 1609 17th Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementUnfinished, Full
Total Number of Units4
Other Rooms
Room TypeEnclosed Balcony, Enclosed Porch
General for 1609 17th Avenue
CityRockford
Community FeaturesPark
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyWinnebago
DirectionsRt 20 to 11st to 17th st.
Elementary School District205
Fuel Expense3069
Gross Income40860
HeatingNatural Gas, Radiant
High School District205
Insurance Expense4633
MLS AreaRockford
Middle/Junior School District205
ModificationTimestamp2025-10-14T15:02:02.610Z
Net Operating Income26163
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount5044.76
Tax Year2024
Total Rooms20
TownshipRockford
Water Sewer Expense2160
Year Built1928
ZoningMULTI
Exterior for 1609 17th Avenue
Lot Dimensions50X156
Parking FeaturesUnassigned, On Site, Owned
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Carolyn Zasada
Real Estate Broker