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196 Flintridge Drive Rockford, IL $ 2,310,000
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$ 2,310,000 Get more info
196 Flintridge Drive
$ 2,310,000
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196 Flintridge Drive

Rockford, IL, 61107
$ 2,310,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 14,586

196 Flintridge Drive, Rockford, IL 61107 - Image 1
196 Flintridge Drive, Rockford, IL 61107 - Image 2
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196 Flintridge Drive, Rockford, IL 61107 - Image 4
196 Flintridge Drive, Rockford, IL 61107 - Image 5
196 Flintridge Drive, Rockford, IL 61107 - Image 6
196 Flintridge Drive, Rockford, IL 61107 - Image 7
196 Flintridge Drive, Rockford, IL 61107 - Image 8
196 Flintridge Drive, Rockford, IL 61107 - Image 9
196 Flintridge Drive, Rockford, IL 61107 - Image 10
196 Flintridge Drive, Rockford, IL 61107 - Image 11
196 Flintridge Drive, Rockford, IL 61107 - Image 12
196 Flintridge Drive, Rockford, IL 61107 - Image 13
196 Flintridge Drive, Rockford, IL 61107 - Image 14
196 Flintridge Drive, Rockford, IL 61107 - Image 15

Multi-Family Home for sale in Rockford, IL

for $2,310,000 with 2 bedrooms. This home was built in 1968.

Excellent opportunity to acquire two well-maintained 11-unit apartment building with 21 of 22 units currently occupied. One vacant unit is intentionally being kept available for easy showings and provides an immediate leasing opportunity. The property features an average monthly rent of $1,070 per unit, offering strong in-place cash flow with additional upside through lease renewals and future rent growth. Major capital improvements have already been completed, including one roof replaced within the last 10 years. The buildings are served by four hot water heaters, with two approximately 7 years old and two recently replaced, helping reduce future capital expenditures.

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Multi-Family Active

Price

$ 2,310,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 34,222

Style

Year Built

1968

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

12711569
Features
General
Cooling Wall Sleeve
Zoning MULTI
Year Built 1968
Stories Count 2
Tax Year 2025
Gross Income 274000
Additional Parcels Description 1229266021
County Winnebago
Net Operating Income 230000
Operating Expense 40000
Insurance Expense 13000
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions SW of North Alpine and Flintridge
City Rockford
Number Of Units Total 11
MLS Area Rockford
Tax Annual Amount 34222
Electric Expense 5000
Fuel Expense 10000
Trash Expense 17000
Water Sewer Expense 7000
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 118X157X143X228
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* Excluded Features
List By
Realty One Group Strategies

Broker

pmwilliams18@yahoo.com

Email

Affordability Calculator

$17,437
Per Month
84%
16%
0%
Monthly Principal & Interest
$14,586
Monthly Property Taxes
$2,852
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
7/22/2026$2,310,000 Listed Price

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196 Flintridge Drive, Rockford, IL, 61107 is a Multi-Family Home for sale at $2,310,000. 196 Flintridge Drive has 2 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 61107 which is in Rockford, IL

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