Cheap homes for sale & real estate in 61105, IL

Cheap Home for sale in 61105, IL:

Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1-bath apartments, each capable of generating no less than $1,200 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 an ideal opportunity for investors or owner-occupants alike. A detached 495 SF outbuilding/garage with an upper level offering exceptional flexibility for storage, a workshop, hobby space, or future creative use. Conveniently located near schools, shopping, restaurants, parks, and

Cheap Home for sale in 61105, IL:

Income-producing mixed-use opportunity in Rockford’s Midtown District! 602-608 7th Street features two (2) second-floor residential units that are already rented and generating a combined $1,800/month ($21,600 annually) in rental income. The main level offers two (2) commercial storefronts currently opened into one larger space and set up for a barbershop. The commercial space is ready for immediate use, giving a new owner the flexibility to operate their own business, lease the space for additional income, or reconfigure it for another concept. With established residential income, annual property taxes of just $2,635, and significant upside through the first-floor commercial space, t

Cheap Home for sale in 61105, IL:

Live rent free with this large 3 unit property. Large garage 880 square Foot garage enough for 6 cars made block stone and mortar. Driveway and a large back yard. Quiet safe neighborhood across from church. close to Main St. and the Rock river where projects are being built and many improvements in the community. properties are increasing rapidly in the area. The property consists of one two bedroom apartment with one bath, a nice size kitchen, nice size living room on the front part the first floor. Also on the first floor rear part is an apartment with 1 bedroom, one bath, kitchen, living room. On the second floor there is a 2 bedroom, one bath, kitchen, living room. Large basement for

Cheap Home for sale in 61105, IL:

Investment opportunity! This tenant-occupied 3-bedroom, 1-bath home is located on a quiet cul-de-sac and features a basement, laundry area, and a private driveway. A great opportunity to add an income-producing property to your portfolio.