Closed

$145,000

517 8TH Street, Rockford, IL 61104
6 Beds2 Baths19 days
517 8TH Street·Rockford, IL 61104
6Bedrooms
2Bathrooms
1900Year Built
About This Home

All-Brick Duplex with Significant Income Potential. All-brick duplex offers two spacious 3-bedroom, 1-bath units at 1,322 sq. ft. each. Major systems have been updated, including a new roof in 2013, furnaces replaced in 2023 and 2024, maintenance-free vinyl windows and updated 100-amp electric breakers. The lower unit has been fully remodeled and is move-in ready, featuring new kitchen cabinets and countertops, an updated bathroom with a new mirror, sink, cabinet, toilet, and tiled tub surround, plus fresh paint and new carpeting throughout. This unit should command market rent of at least $900 per month. The upper unit has had a long-term tenant of 11 years and is currently rented at $565/month on a month-to-month basis-well below market rates. With some cosmetic updates, this unit presents a strong opportunity to increase rents to market levels, significantly boosting cash flow. Located just two blocks from Mid-Town and the 7th Street business district, this property offers convenience, stability, and strong investment potential.

MLS# 12440216Listed August 7, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms10

Size & Structure

Year Built1900
Lot Size50X50X65X65X

Location

CountyWinnebago
TownshipRockford
Zip Code61104

Financial

List Price$145,000
Annual Taxes (2024)$2,053
Monthly Tax Est.$171
Parcel #1126280022
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Block

Exterior Features

Balcony

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public
Tax & Financial
Annual Taxes
$2,053
Tax Year 2024
Monthly Tax Est.
$171
per month
Property Location

517 8TH Street, Rockford, IL 61104 — Winnebago County

$145,000
517 8TH Street
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
19 days on market
50X50X65X65X
$2,053/yr taxes
$933
estimated monthly payment
Principal & Interest
$762/mo
Property Tax
$171/mo
$145,000
20% — $29,000
3%50%
6.875%
3%12%
Loan Amount
$116,000
Down Payment
$29,000

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

Listed by
Dickerson & Nieman Realtors - Rockford
Agent: Adam Guarino
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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