Multi Family homes for sale & real estate in 61106, IL

Multi Family Home for sale in 61106, IL:

Looking for a duplex with a low entry price and plenty of room to add value? Here it is. This 2-story property features two 2BR and 1BA units, separate utilities (except water) and was occupied by the owner for decades. The roof was completely replaced in 2023, two furnaces installed in 2009, and water heater was replaced in 2016. Low maintenance metal siding. Legally conforming duplex with R2 zoning! Now for the part you already figured out from the price: the interior needs work. This is not a lipstick-and-list property. It's a fix up, collect rent and build equity kind of opportunity. The low price reflects the condition while still being an exceptional value, giving you the chance to pu

Multi Family Home for sale in 61106, IL:

Great opportunity to own a two-unit property featuring a 3-bedroom, 1-bathroom upper unit and a 2-bedroom, 1-bathroom lower unit. The upper unit is currently occupied and rents for $850 per month, providing immediate rental income. The lower 2-bedroom unit is currently vacant, offering the opportunity for a new owner to lease the unit or use it as an owner-occupied residence, subject to applicable requirements. Both units feature one bathroom, and the property offers street parking. With one unit currently generating rental income and the second unit vacant, this property presents an opportunity for an investor or owner-occupant looking to add a two-unit property to their portfolio. Schedul

Multi Family Home for sale in 61106, IL:

Fully occupied investment property offering immediate rental income in Rockford’s highly sought-after Edgewater neighborhood. Ideally positioned near the Rock River and surrounded by multiple ongoing real estate developments, this property presents an excellent opportunity to add a well-maintained asset to your portfolio. Recent updates include fresh paint throughout, upgraded bathrooms, a newer roof (2017), updated gutters, and a new rear porch for each unit. Residents can enjoy convenient access to nearby parks, walking trails, and the bike path along the Rock River. Whether you're expanding your investment portfolio or looking for an income-producing property in a desirable locatio

Multi Family Home for sale in 61106, IL:

Looking for an investment property or the opportunity to live in one unit while renting the other? This vacant up/down duplex offers 1,590 sq. ft. , separate utilities and plenty of flexibility for its next owner. Unit #1 features kitchen, 1 bedroom, a dining room & an enclosed front porch that provides additional living space. Unit #2 offers kitchen, 2 bedrooms & living room. Each unit is equipped with its own high-efficiency furnace, separate gas and electric, with shared city water. Both ranges stay. Outside, you'll appreciate the vinyl siding, newer fascia and soffits, roof replaced in 2016, deck, partially fenced yard and hard-to-find 3-car detached garage with alley access

Multi Family Home for sale in 61106, IL:

Fantastic investment opportunity! Charming home with 2 units, high ceilings and located on a brick street in a desirable Northwest Neighborhood. 2nd floor is a spacious 1 bedroom unit with deck. First floor has 2 bedrooms. Full basement provides plenty of storage. Off street parking is available. Updated windows throughout. All appliances included. New sewer lines with warranty. Tenants pay their own electric and gas. Each unit has a furnace.

Multi Family Home for sale in 61106, IL:

This well maintained, income generating all brick 4-unit property is an excellent investment! New ROOF 2025, ($40,000) full remodel of one unit, pictured, excellent opportunity for a live in owner! Each unit features a spacious living room, dining room, space for a table in the kitchen, each unit has 2 bedrooms, one bath. Charming 1920's style, wood trim. Remodeled front and back halls while maintaining the charm of the original woodwork. Remodeled unit (2E) has ALL NEW Windows ($10,000), new bathroom vanity, toilet, floor, medicine cabinet, light fixture. All floors have been refinished, new carpeting in bedrooms new vinyl in kitchen ($5,000). Kitchen has high end cabinets, new countertop