1609 17th Avenue
Rockford, IL, 61104 $ 310,000
Bedrooms8 Baths4.0 Monthly Estimate*
$ 1,934
for $310,000 with 8 bedrooms and 4 full baths. This home was built in 1928.
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.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Radiant
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1928
Township Rockford
Tax Year 2024
Ownership Fee Simple
Gross Income 40860
Community Features Park
County Winnebago
Net Operating Income 26163
Insurance Expense 4633
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status Active
Directions Rt 20 to 11st to 17th st.
City Rockford
High School District 205
MLS Area Rockford
Tax Annual Amount 5044.76
Fuel Expense 3069
Water Sewer Expense 2160
Standard Status Active
Middle/Junior School District 205
Elementary School District 205
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InteriorBasement Unfinished Full
Total Bedrooms 8
Room Type Enclosed Balcony Enclosed Porch
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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ExteriorParking Features Unassigned Yes Owned
Water Source Public
Total Parking 4
Lot Dimensions 50X156
Waterfront Y/N N
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices Starck Real EstateBroker
czasada@starckre.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,934
- Monthly Property Taxes
- $420
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Rockford, IL
Average List Price $250,617
Percent of Sale Price 19%
About Rockford, IL 147,353 Population
-4% Since 2002
$ 40,556 Median Income
37.69 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
566481 Elementary School
565127 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/30/2025 | $300,000 | -1.64% | Price Down |
| 9/23/2025 | $305,000 | -1.61% | Price Down |
| 9/3/2025 | $309,990 | | Listed Price |