About This Home

This 4-bedroom, 2-bathroom residential multi family at 3926 Elva Lane in Rockford, IL is listed for $240,000 ($92 per sqft). Built in 1973, the home offers 2,609 sqft of living space on a N/A lot.

Key Features

  • Built in 1973
  • 4 parking spaces

Property Details

1 story
2 full
4 spaces
1973

Amenities

A/C
Listing Description

Solid brick two-family in established northwest Rockford neighborhood. Fantastic opporunity for an investor or owner-occupant with both units currently vacant with a total rent potential of +3k/mo total. Each spacious unit offers 2 bedroom, 1 bath, a cozy fireplace, generous kitchen and dining area and living room, sliders to deck space and attached 2 car garage.

One unit has been nicely updated and features convenient first floor laundry as well as partially finished lower level. Neutral decor throughout makes to easy to move right in and rent or rent out. Separate utilities, newer roof and windows, and large fenced yard complete this versatile property. Live in one and rent the other or add to your portfolio.

Monthly Cost Estimate

$1,284/mo

20% down · 6.5% · 30 years

Principal$174
Interest$1,040
Insurance$70

Estimates only. Actual payments may vary.

Location

3926 Elva Lane

Rockford, IL 61101

Property Details

Heating

Forced Air

Cooling

Central Air

Appliances

DryerMicrowaveRefrigeratorStove/CooktopWasher

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 3926 Elva Lane is listed at $240,000 ($92/sqft). The estimated monthly payment is $1,284 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1973, 4 parking spaces.

This property is listed by Christine Smith.

CS

Christine Smith

Agent at Real Broker, LLC

Listed by Real Broker, LLC · Broker phone: (855) 450-0442 · View on Broker Site · Broker website

MLS# 202606228· Source: NorthWest Illinois Alliance of REALTORS· 31 days on PropertySimple

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3926 Elva Lane, Rockford, IL 61101

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