Closed

$230,000

1106 22nd Avenue, Rockford, IL 61104
4 Beds4 Baths24 days
1106 22nd Avenue·Rockford, IL 61104
4Bedrooms
4Bathrooms
1955Year Built
About This Home

Great investment opportunity! This four family has two out of the four units currently rented out at the following rents; unit 1 $650, unit 2 vacant, unit 3 vacant, and unit 4 $730 ($35 of this is pet rent). The following updates have all been done to 1106 22nd within the last two years: new water line coming into the building from the street, new blown in insulation in the attic, all new exterior doors, all new fascia and soffit, all units had the hardwoods refinished, 2 units have new hot water heaters, 4 units have new flooring in the kitchens and 2 out of the 4 units have new flooring in the bathrooms, 3 out of 4 units have new fridges, 1 new stove, 4 units repainted, 4 units have all new light fixtures. New gutters and downspouts were installed in May of 2024 and water issues in the basement are currently being addressed. Will only be showing vacant units until an offer is accepted.

MLS# 12100620Listed July 2, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Total Rooms16

Size & Structure

Year Built1955
Lot Size71 X 77

Location

CountyWinnebago
TownshipRockford
Zip Code61104

Financial

List Price$230,000
Annual Taxes (2023)$3,041
Monthly Tax Est.$253
Parcel #1135432017
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$3,041
Tax Year 2023
Monthly Tax Est.
$253
per month
Property Location

1106 22nd Avenue, Rockford, IL 61104Winnebago County

$230,000
1106 22nd Avenue
4 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
24 days on market
71 X 77
$3,041/yr taxes
$1,462
estimated monthly payment
Principal & Interest
$1,209/mo
Property Tax
$253/mo
$230,000
20% — $46,000
3%50%
6.875%
3%12%
Loan Amount
$184,000
Down Payment
$46,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Araceli Insko
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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