218 N 4 Street Rockford, IL $ 480,000
218 N 4 Street
$ 480,000
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218 N 4 Street

Rockford, IL, 61107
$ 480,000
Baths0.0 Sq 8,135

Monthly Estimate*

$ 2,955

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Studio

Multi-Family Home for sale in Rockford, IL

for $480,000. This home is 8,135 square feet.

This 11 unit building is a real money maker. All units are rented to month-to-month tenants. Yearly income is 114,600. The attached 2 story home has 3 units, one 2 bedroom and the other 2 have a one bedroom with small office. Newer roof and furnaces. Water heater about one year old. The other building has one studio apartment and the rest all one bedrooms and 6 one bedrooms, most of them remodeled. Roof was done less than 4 years ago. All units have electric heat and AC in the wall. Parking is unassigned and shared plus there's plenty of street parking. New blacktop. There's a heated 2car garage with workshop, 1/2 bath, utility sink and lots of storage, currently rented. Building to be sold as a package with 212 N 4th St. Rockford IL 61107. All room sizes are approximate.

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Multi-Family Active

Price

$ 480,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,975

Style

2 Story

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

202602122

Features
General
Sewer City
Heating Electric
Cooling Wall Unit
Utilities 10297
Possession Closing
Roof Shingle
Water City
Water Heater Gas
Electric Fuses
Style 2 Story
Class MULTIFAMILY
Type 5+ Units
Parcel Number 1123458010
HUD No
Tax Year 2025
Status ACTIVE and AVAILABLE
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Short Sale No
Primary City Rockford
Year Built 1900
High School District 205-RFD
City ROCKFORD
Taxes 9975
School District Rockford 205
Elementary School District 205-RFD
Middle School District 205-RFD
Legal Description EAST RKFD N9FT WLY 70.92FT LT 4 + S4FT LT 2 + EXC SLY 2FT ELY 86FT ALL LOT 003 BLOCK 049
DOM 0
Postal Code 61107
Price Per Sq Ft Total AG 59
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Exterior
Exterior Brick/Stone Wood
Parking Spaces 6
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Interior
# of Units 11
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* Excluded Features
List By
Michelle Marcu-Carlson

Listing Agent

Ultimate Realty Inc.

Broker

realtormichelle@ymail.com

Email

Affordability Calculator

$3,787
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,955
Monthly Property Taxes
$831
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
2138254 Elementary School
2138301 Middle School
District 205-RFD High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$480,000 Listed Price

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218 N 4 Street, Rockford, IL, 61107 is a Multi-Family Home for sale at $480,000 with 8,135 sqft. 218 N 4 Street is a studio with 0.0 baths. The property's zip code is 61107 which is in Rockford, IL