434 16th Avenue
Rockford, IL, 61104
$220,000
6 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12708960 image #0
Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1-bath apartments, each capable of generating no less than $1,200 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 an ideal opportunity for investors or owner-occupants alike. A detached 495 SF outbuilding/garage with an upper level offering exceptional flexibility for storage, a workshop, hobby space, or future creative use. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential! SOLD AS-IS

Property Details

Price:
$220,000
MLS #:
MRD12708960
Status:
Active
Beds:
6
Baths:
2
Type:
Multi Family
Neighborhood:
rockford
Listed Date:
Jul 17, 2026
Year Built:
1923
Bi-levelOutbuildingRockfordRockfordJulia Lathrop Elementary SchoolRockford Envrnmntl Science AcadJefferson High School

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Schools

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

Interior

Heating
Natural Gas
Levels
Bi-Level

Exterior

Architectural Style
Bi-Level
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding
Other Structures
Outbuilding, On Street, Garage Faces Rear
Parking Features
Off Street, Driveway, On Street, Alley Access, Garage Faces Rear, Yes, Owned
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck, Porch
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$1,500

Map

Community

Market Summary

Current real estate data for Multi Family in Rockford as of Oct 04, 2026
25
Multi Family Listed
93
Avg DOM
$250,048
Avg List Price

Property Summary

    434 16th Avenue Rockford IL is a Multi Family for sale in Rockford, IL, 61104. It is listed for $220,000

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