About This Home
This 6-bedroom, 2-bathroom residential multi family at 434 16th Avenue in Rockford, IL is listed for $220,000. Built in 1923, on a 0.18 acres lot.
Key Features
- Built in 1923
- 0.18 acre lot
- 2 parking spaces
Property Details
Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1 bath apartments, each capable of generating no less than $1200 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 a great opportunity for investors or owner-occupants alike. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential!
Monthly Cost Estimate
$1,177/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
434 16th Avenue
Rockford, IL 61104
Property Details
Construction
Pool Features
Parking
Heating
Questions & Answers
This 6-bedroom, 2-bathroom residential multi family at 434 16th Avenue is listed at $220,000. The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1923, 0.18 acre lot, 2 parking spaces.
This property is listed by Marisol Randazzo and can be reached at (815) 385-6770.
