Pending

218 N 4 Street

ROCKFORD, IL 61107

$480,000 $2,023/Mo

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Overview

Bed

Bath

600

Sqft

Description

This 11 unit building is a real money maker. All units are rented to month-to-month tenants. Yearly income is 114,600. The attached 2 story home has 3 units, one 2 bedroom and the other 2 have a one bedroom with small office. Newer roof and furnaces. Water heater about one year old. The other building has one studio apartment and the rest all one bedrooms and 6 one bedrooms, most of them remodeled. Roof was done less than 4 years ago. All units have electric heat and AC in the wall. Parking is unassigned and shared plus there's plenty of street parking. New blacktop. There's a heated 2car garage with workshop, 1/2 bath, utility sink and lots of storage, currently rented. Building to be sold as a package with 212 N 4th St. Rockford IL 61107. All room sizes are approximate.

Property Details

Property Type : Residential Income

Price : $480,000

AD Id : 77586040

MLS Id : 202602122

Beds : 6

Living Area Size : 600

Year Built : 1900

County : Winnebago

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Refrigerator, Gas Water Heater

Building Information

Year Built: 1900 Construction Materials: Brick Private Pool: No

Listing Price Information

Listing Price: $480000

Tax Information

Parcel Number: 1123458010 Tax Year: 2025 Annual Tax: $9975 Tax Legal Desc: EAST RKFD N9FT WLY 70.92FT LT 4 + S4FT LT 2 + EXC SLY 2FT ELY 86FT ALL LOT 003 BLOCK 049

Parking Information

Parking Total: 6

School Information

Elementary School: District 205-RFD

Junior High School: District 205-RFD

Senior High School: District 205-RFD

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1304 Benton Street, Rockford, IL, 61107	$179,900	5	--	--

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ByOwner last updated this listing 06/15/2026 @ 11:21

MLS: 202602122 LISTED BY: Michelle Marcu-Carlson, Ultimate Realty Inc. 815-975-0555 SOURCE: NorthWest Illinois Alliance of REALTORS