Closed
$313,000
1607 Rural St, Rockford, IL 61107
4beds
--sqft
Multi Family
Built in 1955
-- sqft lot
$310,800 Zestimate®
$--/sqft
$1,221 Estimated rent
Home value
$310,800
$295,000 - $326,000
$1,221/mo
Zestimate® history
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Owner options
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What's special
**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!
Zillow last checked: 8 hours ago
Listing updated: September 06, 2025 at 10:56am
Listing courtesy of:
Todd Klein 847-609-8633,
Compass
Bought with:
Marylou Mares
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12437228
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 4
Lot
- Dimensions: 72.8X72.8X150X150
Details
- Parcel number: 1124327002
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Rockford
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Sold | $313,000+1% |
Source: | ||
| 8/10/2025 | Contingent | $309,990 |
Source: | ||
| 8/4/2025 | Listed for sale | $309,990+3.3% |
Source: | ||
| 8/4/2025 | Listing removed | $299,990 |
Source: | ||
| 7/18/2025 | Contingent | $299,990 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $4,686 +1.7% | $45,125 +11.9% |
| 2022 | $4,608 | $40,333 +9.1% |
| 2021 | -- | $36,983 +5.8% |
Find assessor info on the county website
Neighborhood: Jackson Oaks
Nearby schools
GreatSchools rating
- 4/10C Henry Bloom Elementary SchoolGrades: K-5Distance: 1.1 mi
- 4/10Abraham Lincoln Middle SchoolGrades: 6-8Distance: 0.7 mi
- 1/10Rockford East High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- District: 205
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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