Rockford, IL 61107,1607 Rural Street
Rockford, IL 61107,1607 Rural Street
Rockford, IL 61107,1607 Rural Street
Rockford, IL 61107,1607 Rural Street
Rockford, IL 61107,1607 Rural Street
Rockford, IL 61107,1607 Rural Street
See all 13 photos
Listed by Todd Klein • Compass
Bought with Marylou Mares • Coldwell Banker Realty

$313,000

$309,990

1.0%
Est.Price: ?

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Est. payment /mo

4 Beds


SOLD DATE : 09/04/2025

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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