1509 16th Avenue
Rockford, IL, 61104
$185,000
5 Beds
2 Baths
0 SqFt
0.2 Acres
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MLS #MRD12617968 image #0
Discover the perfect investment opportunity with this charming Early American brick duplex located at 1507-1509 16th Ave, Rockford, IL 61104. Featuring vintage woodwork throughout, each exceptionally spacious unit offers over 1,314 sq. ft. of comfortable living space. The second-floor unit boasts three bedrooms and private front and rear balconies, while the first-floor unit includes two bedrooms and a large, newly added rear deck (2024), ideal for relaxing or entertaining. Currently generating over 26,400 in annual income, with potential to exceed 32k, this property is an ideal live-in investor setup. Recent updates include vinyl windows, furnaces, water heaters, and a first-floor unit equipped with central air conditioning for added comfort. Enjoy the convenience of separate utilities (owner pays water, sewer, and garbage) and ample parking with a newer 1.5-car garage plus a cement parking pad. Situated in Rockford’s dynamic market-recognized by Forbes and The Wall Street Journal as one of the nation’s hottest affordable housing areas-this duplex combines timeless character with strong income potential. Don’t miss your chance to own a piece of this thriving community!

Property Details

Price:
$185,000
MLS #:
MRD12617968
Status:
Pending
Beds:
5
Baths:
2
Type:
Multi Family
Neighborhood:
rockford
Listed Date:
Apr 13, 2026
Year Built:
1920
American 4-sq.RockfordRockfordBeyer Elementary SchoolAbraham Lincoln Middle SchoolJefferson High School

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Schools

School District:
205
Elementary School:
Beyer Elementary School
Middle School:
Abraham Lincoln Middle School
High School:
Jefferson High School

Interior

Heating
Natural Gas

Exterior

Architectural Style
American 4-Sq.
Community Features
Curbs, Sidewalks, Street Lights
Construction Materials
Vinyl Siding
Exterior Features
Balcony
Garage Spaces
1.5
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
15
Parking Total
1.5
Patio And Porch Features
Deck
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$2,344

Map

Community

Market Summary

Current real estate data for Multi Family in Rockford as of May 16, 2026
31
Multi Family Listed
74
Avg DOM
$239,819
Avg List Price

Property Summary

    1509 16th Avenue Rockford IL is a Multi Family for sale in Rockford, IL, 61104. It is listed for $185,000

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