1324 Evelyn Street Rockford, IL $ 1,399,000
1324 Evelyn Street
$ 1,399,000
Share Save

1324 Evelyn Street

Rockford, IL, 61103
$ 1,399,000
Baths0.0 Sq 3,837

Monthly Estimate*

$ 8,728

1324 Evelyn Street, Rockford, IL 61103 - Image 1
1324 Evelyn Street, Rockford, IL 61103 - Image 2
1324 Evelyn Street, Rockford, IL 61103 - Image 3
1324 Evelyn Street, Rockford, IL 61103 - Image 4
1324 Evelyn Street, Rockford, IL 61103 - Image 5
1324 Evelyn Street, Rockford, IL 61103 - Image 6
1324 Evelyn Street, Rockford, IL 61103 - Image 7
1324 Evelyn Street, Rockford, IL 61103 - Image 8
1324 Evelyn Street, Rockford, IL 61103 - Image 9
1324 Evelyn Street, Rockford, IL 61103 - Image 10
1324 Evelyn Street, Rockford, IL 61103 - Image 11
1324 Evelyn Street, Rockford, IL 61103 - Image 12
1324 Evelyn Street, Rockford, IL 61103 - Image 13
1324 Evelyn Street, Rockford, IL 61103 - Image 14
1324 Evelyn Street, Rockford, IL 61103 - Image 15
1324 Evelyn Street, Rockford, IL 61103 - Image 16
1324 Evelyn Street, Rockford, IL 61103 - Image 17
1324 Evelyn Street, Rockford, IL 61103 - Image 18
1324 Evelyn Street, Rockford, IL 61103 - Image 19
1324 Evelyn Street, Rockford, IL 61103 - Image 20
1324 Evelyn Street, Rockford, IL 61103 - Image 21
1324 Evelyn Street, Rockford, IL 61103 - Image 22
1324 Evelyn Street, Rockford, IL 61103 - Image 23
1324 Evelyn Street, Rockford, IL 61103 - Image 24
Studio

Multi-Family Home for sale in Rockford, IL

for $1,399,000. This home is 3,837 square feet.

Seize the rare chance to acquire a stabilized, income-producing 12-unit multifamily portfolio strategically located across the city. This package features a mix of unit styles and property types, offering both immediate rental income and long-term appreciation potential. Each property is fully leased, with strong rental demand in established neighborhoods. The portfolio are units in the Project-Based Voucher Program, providing guaranteed rental income backed by housing authority contracts—ideal for investors seeking stability and reduced vacancy risk for 15 years. Highlights: 12 Total Units – Sold together as one portfolio package= 8 buildings Strong Occupancy – Fully leased with consistent cash flow Voucher Incentives – Project-Based Vouchers (PBV) in place, ensuring reliable income streams. The buildings have the voucher, versus the tenants. Diverse Locations – Properties situated across multiple high-demand city neighborhoods Upside Potential – Opportunity for rent growth, value-add upgrades, or future repositioning Financials: Detailed rent rolls and expense reports available (see attached docs) Excellent hedge against market volatility with guaranteed government-backed rents This is a rare portfolio acquisition opportunity offering both security and growth. Whether you’re a seasoned investor or expanding your holdings, this package delivers a balanced mix of stability, income, and long-term potential. Owned by Infinity Assets, agent owned. Property addresses and PINs are below: 3112 GUILFORD RD Pin: 1219210022 1324 EVELYN ST Pin: 1114327013 4230 OCONNELL ST Pin: 1605326005 1031 EMERSON DR Pin: 1229351014 2023 RIDGE AVE Pin: 1114129004 716 HAWTHORNE AVE Pin: 1230428003 1911 CARNEY AVE Pin: 1114132004 4151 EASTRIDGE DR Pin: 1220377009

See more

Multi-Family Pending

Price

$ 1,399,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 25,128

Style

2 Story

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

202505358

Features
General
Sewer City
Heating Forced Air Hot Water/Steam Solar
Cooling Central Air None
Utilities 13677
Possession Tenant Rights
Roof Shingle
Water City
Water Heater Gas
Zoning R-2 R-1 and R-3
Electric Circuit Breaker
Style 2 Story
Class MULTIFAMILY
Type 5+ Units
Parcel Number 1114327013
HUD No
Tax Year 2024
Basement Type Partial
Status PENDING
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Short Sale No
Primary City Rockford
Year Built 1925
High School Guilford High
City ROCKFORD
Taxes 25128
School District Rockford 205
Elementary School R K Welsh Elementary
Middle School West Middle
Legal Description NORTH END ADDN LOT 004 BLOCK 011
DOM 43
Postal Code 61103
Price Per Sq Ft Total AG 364.61
See more
Exterior
Exterior Brick/Stone Siding
Parking Spaces 2
See more
Interior
# of Units 2
See more
* Excluded Features
List By
Amanda Clark

Listing Agent

Gambino Realtors

Broker

amanda@gogambino.com

Email

Affordability Calculator

$10,822
Per Month
81%
19%
0%
Monthly Principal & Interest
$8,728
Monthly Property Taxes
$2,094
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2138265 Elementary School
2138260 Middle School
Guilford High High School
Pricing History
DatePricePrice ChangeDescription
9/3/2025$1,399,000 Listed Price

Map


See all

1324 Evelyn Street, Rockford, IL, 61103 is a Multi-Family Home for sale at $1,399,000 with 3,837 sqft. 1324 Evelyn Street is a studio with 0.0 baths. The property's zip code is 61103 which is in Rockford, IL