2311 23rd Street Rockford, IL $ 685,000
2311 23rd Street
$ 685,000
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2311 23rd Street

Rockford, IL, 61108
$ 685,000
Bedrooms15 Baths0.0 Sq 6,400

Monthly Estimate*

$ 4,325

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Multi-Family Home for sale in Rockford, IL

for $685,000 with 15 bedrooms. This 6,400 square foot home was built in 1966.

Check out this nicely maintained, income-producing townhouse-style 5-unit property! Each spacious unit offers 3 bedrooms,1.5 bathrooms, a private basement with laundry hookups, and a fenced-in patio area. The ideal layout provides tenants with plenty of living space, storage, and privacy, while onsite parking adds convenience. Recent improvements include newer HVAC systems, central air units, and some newer water heaters. Each unit is equipped with circuit breakers. Pride of ownership is evident throughout, with plenty of preventative maintenance completed over the years. With two units currently vacant, this property offers an excellent opportunity for an owner-occupant or the potential to increase rental income. Centrally located near shopping, everyday amenities, and convenient highway access. A great opportunity to add a well-maintained multi-family property to your investment portfolio!

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Multi-Family Active

Price

$ 685,000

Bedrooms

15

Property Type

Multi-Family

Taxes

$ 10,543

Style

Year Built

1966

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

12744103

Features
General
Cooling Central Air
Utilities Sewer Connected
Possession Closing
Construction Materials Vinyl Siding Brick Stone
Year Built 1966
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 2
Tax Year 2025
Gross Income 54900
County Winnebago
Net Operating Income 0
Operating Expense 16100
Insurance Expense 8900
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status New
Directions Call listing agent for directions.
City Rockford
Number Of Units Total 5
MLS Area Rockford
Tax Annual Amount 10543
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Water Source Community Water
Building Area Total 6400
Lot Dimensions 100x222x100x222
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* Excluded Features
List By
Keller Williams Realty Signature

Broker

MilenaSells@gmail.com

Email

Affordability Calculator

$5,204
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,325
Monthly Property Taxes
$879
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
Pricing History
DatePricePrice ChangeDescription
8/30/2026$685,000 Listed Price

Map


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2311 23rd Street, Rockford, IL, 61108 is a Multi-Family Home for sale at $685,000 with 6,400 sqft. 2311 23rd Street has 15 bedrooms, 0.0 baths, and was built in 1966. The property's zip code is 61108 which is in Rockford, IL