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Active - Other for sale

Rockford, IL

4 bds

Facts & features

Other Property type
38 days on Beycome
1910 Year built

Why you’ll love it

Excellent investment opportunity! This well-maintained 4-unit multifamily property is being sold together with an adjacent vacant lot, offering additional value and future potential. The building features four separate units with strong rental income potential of approximately $2,800 to $3,000 per month when fully occupied. Recent updates include new LVP flooring throughout all four units, fresh paint in every unit, and newer windows throughout the property. The rear unit at 1225 has been fully renovated and showcases a new kitchen and updated flooring, making it move-in ready. The property is separately metered with 4 gas meters, allowing tenants to be responsible for their own utilities. There is 1 water meter serving the property, and each side of the building has its own water heater. Additionally, the flat roof on 1223 was replaced in August 2025. Whether you're looking to expand your portfolio or start investing in multifamily real estate, this property offers solid cash-flow potential with major updates already completed. Adjacent vacant lot included in the sale!

Translating description...

Listings courtesy of Realty of America, LLC as distributed by MLS GRID.

Listed by: Sully Cadengo • Realty of America, LLC

Co-listed by: Realty of America, LLC

Source: MRED as distributed by MLS GRID, MLS#: 12780115 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 1:28 PM EST.

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Affordability

$155,000$320,000
1%20%
0%90%
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Estimated monthly payment

$1,427/mo

  • Mortgage$1,201
  • Property tax$226
  • HOA fee
  • Homeowners insurance
Due at closing$188,813
Down payment held in escrow$47,500
Closing costs$3,563
beycome credit Est.$4,750

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Rockford

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 01:28pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$237,500 Listed price

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$4,750 Credit back

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