Rockford, IL Apartment Buildings for Sale

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Loves Park, IL Winnebago, IL Rockton, IL Roscoe, IL Pecatonica, IL Irene, IL South Beloit, IL Durand, IL

7 properties

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Updated: Dec 11, 2025

Six-Unit Multifamily Investment Opportunity

909-911 Ridge Avenue, Rockford, IL 61103

$324,900

3,350 sqft

Six‑unit multifamily property with five units currently rented
Year built: 1930
Heating includes natural gas, electric (heating), and baseboard systems
Appliances provided include refrigerator and oven
Basement included

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This listing looks promising.

Here's a quick look at some key insights for

909-911 Ridge Avenue, ROCKFORD, IL 61103

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Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$19K
Annual
Price @ 7% Cap

$273K
Suggested
Property Type

Multi-Family Dwellings
Built 1930

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Updated: Mar 23

Rockford Multifamily Investment Opportunity

3420 Harrison Ave, Rockford, IL 61108

$699,000

6,200 sqft

5‑unit property, with each unit configured as 3 bedrooms and 1.5 bathrooms
100% occupancy with 4 month‑to‑month tenants
Forced air heating; window unit(s) cooling
Year built: 1965
Includes refrigerator and oven; shingle roof

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Townhome-Style Multifamily with Basements

1830 Remington Street, Rockford, IL 61108

$700,000

6,014 sqft

Townhome-style units with full basements and individual patios, supported by off-street parking and a garage/storage building.

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Waterfront Building Ready for Development

222 North Water Street, Rockford, IL

$1,675,000

48,600 sqft 1.27 AC lot

48,600 SF building with waterfront access and redevelopment potential.

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Rockford Multifamily Investment Opportunity

4115 Harrison Avenue, Rockford, IL 61108

$2,449,000

1.82 AC lot

Multifamily property for sale in Rockford, Illinois.

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Five-Unit Multifamily Property in Rockford

3420 Harrison Ave, Rockford, IL 61108

$699,000

6,600 sqft

Fully occupied five-unit residential property with immediate cash flow.

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Rockford Affordable Housing Portfolio

414 N Court St, Rockford, IL 61103

Contact for pricing

98,107 sqft

130-unit portfolio of affordable housing assets in Rockford, IL.

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Based on your search, we've compiled 60 Potential Opportunities for your consideration. Besides 7 Active listings in Rockford, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Bar and Lofts

522 S State Street, Belvidere, IL 61008

$450,000

4,180 sqft

Turnkey downtown mixed-use property with an operating bar and fully occupied residential lofts.

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Genoa Apartment Building For Sale

105 S Sycamore Road, Genoa, IL 60135

$375,000

Six-unit apartment building in growing Genoa community, great investment.

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Six-Unit Apartment Building For Sale

105 South Sycamore Street, Genoa, IL 60135

$375,000

Six-unit apartment building with diverse unit mix and parking.

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Mixed-Use Building with Bar and Lofts

522 S State Street, Belvidere, IL 61008

$450,000

Turnkey mixed-use property combining an established bar with fully occupied residential lofts and central air.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Off-Market Properties in Rockford, IL

Consider similar Off-Market properties in Rockford, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

416 Horsman St, Rockford, IL 61101-6608

Value Estimation by Request

2,964 sqft 0.28 AC lot

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APARTMENT HOUSE (5+ UNITS)

3428 Harrison Ave, Rockford, IL 61108-7500

$540,000

Estimated value

6,600 sqft 0.31 AC lot

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APARTMENT HOUSE (5+ UNITS)

4568 Apple Orch Ln, Rockford, IL 61108-6433

$710,000

Estimated value

6,600 sqft 0.47 AC lot

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APARTMENT HOUSE (5+ UNITS)

4555 Apple Orch Ln, Rockford, IL 61108-6433

$710,000

Estimated value

6,600 sqft 0.60 AC lot

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APARTMENT HOUSE (5+ UNITS)

1140 2nd Ave, Rockford, IL 61104-2216

$690,000

Estimated value

3,335 sqft 0.10 AC lot

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APARTMENT HOUSE (5+ UNITS)

1917 Rockton Ave, Rockford, IL 61103-4383

Value Estimation by Request

3,405 sqft 0.36 AC lot

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APARTMENT HOUSE (5+ UNITS)

1334 State St, Rockford, IL 61104-2228

$1,250,000

Estimated value

0.20 AC lot

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APARTMENT HOUSE (5+ UNITS)

412 May St, Rockford, IL 61104-2031

Value Estimation by Request

6,276 sqft 0.41 AC lot

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APARTMENT HOUSE (5+ UNITS)

511 Cherry St, Rockford, IL 61103-6786

Value Estimation by Request

3,008 sqft 0.09 AC lot

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APARTMENT HOUSE (5+ UNITS)

304 3rd St, Rockford, IL 61104-2057

Value Estimation by Request

3,658 sqft 0.15 AC lot

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APARTMENT HOUSE (5+ UNITS)

4601 Auburn St, Rockford, IL 61101-2517

Value Estimation by Request

1,050 sqft

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APARTMENT HOUSE (5+ UNITS)

1021 8th St, Rockford, IL 61104-4976

Value Estimation by Request

3,869 sqft 0.25 AC lot

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APARTMENT HOUSE (5+ UNITS)

2016 Wilcox Rd, Rockford, IL 61108-7740

Value Estimation by Request

4,876 sqft 0.28 AC lot

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APARTMENT HOUSE (5+ UNITS)

1511 5th St, Rockford, IL 61104-4851

Value Estimation by Request

2,734 sqft 0.16 AC lot

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APARTMENT HOUSE (5+ UNITS)

3420 Harrison Ave, Rockford, IL 61108-7560

$550,000

Estimated value

6,600 sqft 0.31 AC lot

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APARTMENT HOUSE (5+ UNITS)

1301 Seminary St, Rockford, IL 61104-4781

Value Estimation by Request

4,391 sqft

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APARTMENT HOUSE (5+ UNITS)

4436 Lori Dr, Rockford, IL 61114-7274

$565,000

Estimated value

5,958 sqft 0.48 AC lot

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Rockford, IL Apartment Buildings Market Trends and Statistics

Explore 52 apartment buildings for sale in Rockford, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 74,964 square feet of properties for sale, with an estimated market value of $4,492,900.

Sale prices for two-family homes in Rockford, IL start at $324,900, averaging $748,816, and reaching up to $1,675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 201K

Population Growth (5Y) +5.5%

Median Household Income $59,464

College Educated 18.5%

High-Yield Neighborhoods for Investment

Identify Rockford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
61103	$324.9K
61104	$337.5K
61108	$1.1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Winnebago County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Winnebago County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Rockford fall within the 100,000+ square foot range.

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Rockford, IL Apartment Buildings for Sale

909-911 Ridge Avenue, Rockford, IL 61103

3420 Harrison Ave, Rockford, IL 61108

1830 Remington Street, Rockford, IL 61108

222 North Water Street, Rockford, IL

4115 Harrison Avenue, Rockford, IL 61108

3420 Harrison Ave, Rockford, IL 61108

414 N Court St, Rockford, IL 61103

Opportunities in Nearby Cities

522 S State Street, Belvidere, IL 61008

105 S Sycamore Road, Genoa, IL 60135

105 South Sycamore Street, Genoa, IL 60135

522 S State Street, Belvidere, IL 61008

Potential Development Sites for Consideration

N West Bypass, Springfield, MO 65802

215 N Bear Creek Road, Asheville, NC 28806

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

71 Salters Road, Greenville, SC 29607

Off-Market Properties in Rockford, IL

416 Horsman St, Rockford, IL 61101-6608

3428 Harrison Ave, Rockford, IL 61108-7500

4568 Apple Orch Ln, Rockford, IL 61108-6433

4555 Apple Orch Ln, Rockford, IL 61108-6433

1140 2nd Ave, Rockford, IL 61104-2216

1917 Rockton Ave, Rockford, IL 61103-4383

1334 State St, Rockford, IL 61104-2228

412 May St, Rockford, IL 61104-2031

511 Cherry St, Rockford, IL 61103-6786

304 3rd St, Rockford, IL 61104-2057

4601 Auburn St, Rockford, IL 61101-2517

1021 8th St, Rockford, IL 61104-4976

2016 Wilcox Rd, Rockford, IL 61108-7740

1511 5th St, Rockford, IL 61104-4851

3420 Harrison Ave, Rockford, IL 61108-7560

1301 Seminary St, Rockford, IL 61104-4781

4436 Lori Dr, Rockford, IL 61114-7274

Rockford, IL Apartment Buildings Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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