820 Lincoln Highway Rochelle, IL $ 249,900
820 Lincoln Highway
$ 249,900
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820 Lincoln Highway

Rochelle, IL, 61068
$ 249,900
Bedrooms4 Baths2.0 Sq 2,048

Monthly Estimate*

$ 1,539

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Multi-Family Home for sale in Rochelle, IL

for $249,900 with 4 bedrooms and 2 full baths. This 2,048 square foot home was built in 1920.

Fantastic investment opportunity with strong income history. This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units. The lower unit is a long-term rental with a reliable tenant who has been in place for multiple years. This unit features generously sized rooms, beautiful hardwood floors in the living room, and both front and back entrances for added convenience. The upper unit is currently operating as a successful short-term rental and comes fully furnished - completely turnkey for the next owner to seamlessly continue short-term rental operations. Just like the lower level, it offers 2 bedrooms, 1 bathroom, a large living room with hardwood floors, and both front and back entrances. Each unit includes two exterior parking spaces accessible from the alley behind the home, providing ample off-street parking. Both units also have access to the basement, where a shared laundry facility is available. Owner currently pays gas, water, sewer, garbage, internet and upstairs electricity.

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Multi-Family Active

Price

$ 249,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,679

Style

Year Built

1920

Town/City

Rochelle

County/Region

Ogle

MLS | Web ID

12578295

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Tenant's Rights
Roof Asphalt
Construction Materials Aluminum Siding
Year Built 1920
Township Flagg
Tax Year 2024
Ownership Fee Simple
County Ogle
Net Operating Income 25874
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 11
Status Active
Directions Route 38 to Rochelle south on Lincoln Highway to house.
High School Rochelle Township High School
City Rochelle
High School District 212
MLS Area Flagg Center / Hillcrest / Kings / Rochelle
Tax Annual Amount 4679.96
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 231
Elementary School District 231
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Interior
Basement Unfinished Full
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Yes Owned
Water Source Public
Total Parking 4
Lot Dimensions 66X124
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jennifer@jenniferdaring.com

Email

Affordability Calculator

$1,929
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$390
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
566685 Elementary School
567433 Middle School
Rochelle Township High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$249,900 Listed Price

Map


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820 Lincoln Highway, Rochelle, IL, 61068 is a Multi-Family Home for sale at $249,900 with 2,048 sqft. 820 Lincoln Highway has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 61068 which is in Rochelle, IL