Rockford, IL 61107,1607 Rural Street
Rockford, IL 61107,1607 Rural Street
Rockford, IL 61107,1607 Rural Street
13
Listed by Todd Klein • Compass
Bought with Marylou Mares • Coldwell Banker Realty
$313,000
$309,990
1.0%
Est.Price: ?

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4 BD

1607 Rural Street Rockford, IL 61107

Est. payment /mo
SOLD DATE : 09/04/2025

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Key Details

Sold Price $313,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12437228

Sold Date 09/04/25

Bedrooms 4

Year Built 1955

Annual Tax Amount $4,686

Tax Year 2023

Lot Dimensions 72.8X72.8X150X150

Property Sub-Type Two to Four Units

Property Description

**Prime Investment Opportunity - Cash Flow from Day One!** Unlock the potential of this well-maintained, income-producing **brick 4-unit building** at **1607 Rural St, Rockford, IL**-perfect for both seasoned investors and those looking to jumpstart their portfolio. Each **spacious 1-bedroom unit** offers a functional layout with combined living/dining space, eat-in kitchens, and generous storage. The **divided basement** includes separate utilities, laundry hookups, and individual storage for each tenant-**a rare and valuable feature.** A **4-car garage** with overhead doors (new roof in 2018) adds extra rental income or owner storage options. Security entry doors at the front and rear provide added peace of mind. **Three of the four units have been updated**, and **one unit is vacant and ready for new tenants**, giving buyers immediate upside potential. One unit features central air; others use window A/Cs. The landlord currently covers water, sewer, and garbage, keeping things simple from a property management perspective. With **strong rental history and dependable tenants**, this is a **turnkey investment** offering **stable cash flow and minimal hassle**.Sold AS-IS. Schedule your showing today and start collecting tomorrow!

Location

State IL

County Winnebago

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Garage Spaces 4.0

View Y/N true

Building

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 205, 205, 205

Others

Ownership Fee Simple

Special Listing Condition None

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