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434 16th Avenue Rockford, IL 61104

$220,000
New / MLS# 12708960 / Multi Unit - Multiple / Rockford
6 Beds
2 Baths

Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1 bath apartments, each capable of generating no less than $1200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit. Separate entrances and functional layouts make this a great opportunity for investors or owner-occupants alike. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential!

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Baird & Warner Michael Beaver Agent Cell: 773.368.1969 Email

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Estimated Payment

$ 678.06 per month $488.89 Principal & Interest $125.00 Property Tax $64.17 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Stone/Rock, Full
Heating: Natural Gas
Lot Size: 0.18 Acres
Roof Type: Asphalt
Taxes: $1,500
Year Built: 1923

Feature Descriptions

Additional Structures: Outbuilding, On Street, Garage Faces Rear
Exterior: Vinyl Siding
Lot Dimensions: 160.4x50
Other Equipment: CO Detectors, Ceiling Fan(s), Security Cameras, Water Heater-Gas
Parcel#: 1135105018
Parking: Off Street, Driveway, On Street, Alley Access, Garage Faces Rear, Yes, Owned
Sewer: Public Sewer
Total Rooms: 10
Township: Rockford
Water: Public

Schools

High School: Jefferson High School
Middle School: Rockford Envrnmntl Science Acad
Elementary School: Julia Lathrop Elementary School
School District: District 205

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Plaza

Listing Office Phone: 815-338-4455



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