**Prime Investment Opportunity - Cash Flow from Day One!** Unlock the potential of this well-maintained, income-producing **brick 4-unit building** at **1607 Rural St, Rockford, IL**-perfect for both seasoned investors and those looking to jumpstart their portfolio. Each **spacious 1-bedroom unit** offers a functional layout with combined living/dining space, eat-in kitchens, and generous storage. The **divided basement** includes separate utilities, laundry hookups, and individual storage for each tenant-**a rare and valuable feature.** A **4-car garage** with overhead doors (new roof in 2018) adds extra rental income or owner storage options. Security entry doors at the front and rear provide added peace of mind. **Three of the four units have been updated**, and **one unit is vacant and ready for new tenants**, giving buyers immediate upside potential. One unit features central air; others use window A/Cs. The landlord currently covers water, sewer, and garbage, keeping things simple from a property management perspective. With **strong rental history and dependable tenants**, this is a **turnkey investment** offering **stable cash flow and minimal hassle**.Sold AS-IS. Schedule your showing today and start collecting tomorrow!
Brick 4 unit 2 story with 4 car garage (with overhead doors) and basement divided into 4 units with utilities, laundry hook ups and storage for each individual unit. Security Entry doors front and back. Spacious combination living/dining rooms, 1 bedroom, eat in kitchen. 3 of 4 units updated. One unit central air, remainder tenant window AC. Landlord provides water, sewer, garbage. Proven tenants. Garage new roof 2018. Reflects pride of ownership. AGENT OWNED
MRED as Distributed by MLS Grid #09913707
May 31, 2018
Sold (MLS) (Closed Sale)
$134,000
Apr 18, 2018
Pending
—
Apr 11, 2018
Listed (New)
$124,900
NWIAR #201801714
May 31, 2018
Sold
$134,000
Apr 10, 2018
Listed
$124,900
Year
Property tax
Land + Additions
Assessment*
2025
$5,035 (+3.8%)
$4,653 + $52,373
$57,026
2024
$4,850 (+3.5%)
$4,176 + $47,001
$51,177
2023
$4,686 (+1.7%)
$4,176 + $47,001
$51,177
2022
$4,608 (+1.7%)
$3,291 + $37,042
$40,333
2021
$4,533 (+0.8%)
$3,018 + $33,965
$36,983
2020
$4,496 (+0.7%)
$2,853 + $32,109
$34,962
2019
$4,464 (−0.4%)
$2,719 + $30,603
$33,322
2018
$4,481 (+0.5%)
$2,562 + $28,841
$31,403
2017
$4,458
$2,452 + $27,602
$30,054
2016
$4,455 (−1.2%)
$2,452 + $27,602
$30,054
2015
$4,511 (−22.6%)
$2,406 + $27,085
$29,491
2013
$5,828 (+2.3%)
$3,195 + $38,429
$41,624
2012
$5,695 (−1.2%)
$3,389 + $40,756
$44,145
2011
$5,763 (+3.9%)
$3,571 + $42,951
$46,522
2010
$5,545 (+4.9%)
$3,759 + $45,207
$48,966
2009
$5,284 (−10.4%)
$3,813 + $45,854
$49,667
2008
$5,898 (+1.3%)
$3,876 + $52,545
$56,421
2007
$5,824
$4,032 + $52,599
$56,631
Tax history for 1607 Rural St
Year
Property tax
Land + Additions
Assessment*
2025
$5,035 (+3.8%)
$4,653 + $52,373
$57,026
2024
$4,850 (+3.5%)
$4,176 + $47,001
$51,177
2023
$4,686 (+1.7%)
$4,176 + $47,001
$51,177
2022
$4,608 (+1.7%)
$3,291 + $37,042
$40,333
2021
$4,533 (+0.8%)
$3,018 + $33,965
$36,983
2020
$4,496 (+0.7%)
$2,853 + $32,109
$34,962
2019
$4,464 (−0.4%)
$2,719 + $30,603
$33,322
2018
$4,481 (+0.5%)
$2,562 + $28,841
$31,403
2017
$4,458
$2,452 + $27,602
$30,054
2016
$4,455 (−1.2%)
$2,452 + $27,602
$30,054
2015
$4,511 (−22.6%)
$2,406 + $27,085
$29,491
2013
$5,828 (+2.3%)
$3,195 + $38,429
$41,624
2012
$5,695 (−1.2%)
$3,389 + $40,756
$44,145
2011
$5,763 (+3.9%)
$3,571 + $42,951
$46,522
2010
$5,545 (+4.9%)
$3,759 + $45,207
$48,966
2009
$5,284 (−10.4%)
$3,813 + $45,854
$49,667
2008
$5,898 (+1.3%)
$3,876 + $52,545
$56,421
2007
$5,824
$4,032 + $52,599
$56,631
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
10,454 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Winnebago County
APN
1124327002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R2
Two-Family Residential District
Rockfords residential zoning districts are intended to create, maintain, and promote a variety of housing opportunities for individual households and to maintain the desired physical character of existing neighborhoods and developing areas consistent with the citys official comprehensive plan. These regulations are intended to ensure that permitted and special uses are compatible within each district. They are intended to maintain and protect residential property values and to promote the peace quiet and enjoyment of the citys residential areas by requiring setbacks and open spaces on the same lot as the residential development. While these districts primarily accommodate residential use types some nonresidential use types are also allowed.
Permitted uses
Include but are not limited to:
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Office
Public service
Recreation
Communications tower
Park & open space
Property details
Parking
Parking Information
# of Garage Spaces: 4
# of Parking (Total): 4
Parking Features: On Site, Garage Owned, Detached, Garage
Interior
Bathroom Information
# of Baths (Full): 4
Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4
Additional Rooms Information
Basement: Unfinished, Full
Interior Features
# of Rooms: 16
Unit Type 1 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove
Security Deposit: 0
Rent: $900
Tenant Pays: Electric,Gas
Lease Expiration Date: Sunday, February 1, 2026
Unit Type 2 Information
Floor Number: 1
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove
Rent: $750
Tenant Pays: Electric,Gas
Lease Expiration Date: MTM
Unit Type 3 Information
Floor Number: 2
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove
Rent: $800
Tenant Pays: Electric,Gas
Lease Expiration Date: Wednesday, April 1, 2026
Unit Type 4 Information
Floor Number: 2
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove
Tenant Pays: Electric,Gas
Lease Expiration Date: VACAN
Exterior
Building Information
# Of Units in Building: 4
Age: 61-70 Years
Built Before 1978 (Y/N): Yes
Construction Materials: Brick
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 1124327002
Lot Information
Dimensions: 72.8X72.8X150X150
Lot Size: Less Than .25 Acre
Financial
Tax Information
Tax Annual Amount: $4,686
Tax Year: 2023
Financial Information
Finance Code: Cash
Special Service Area: N
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Forced Air
Location
School Information
Elementary School District: 205
Middle Or Junior School District: 205
High School District: 205
Location Information
Township: Rockford
Corporate Limits: Rockford
Directions: West on E State St North on N Prospect St Left on Rural
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 10,454 square feet
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Winnebago County
APN: 1124327002
Home facts updated by county records on Jul 13, 2026
Other
Listing Information
Holds Earnest Money: Yes
Possession: Tenant's Rights
Some Photos Virtually Staged?: No
Around this home
Schools
C Henry Bloom Elementary School
Public K-5 • Assigned • 1.1mi
4/10
Abraham Lincoln Middle School
Public 6-8 • Assigned • 0.7mi
3/10
Rockford East High School
Public 9-12 • Assigned • 1.6mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Rockford, IL • 61107
Average low and high temperatures (°F)
27
12
36
19
53
32
62
41
71
48
82
61
84
66
81
61
79
55
67
45
48
34
33
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.
10 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$290,000 – $351,000
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