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    2321 Broadway Rockford, IL 61104

    For Sale
    $350,000

    3 - 4 Units - ROCKFORD, IL

    Days on Market:
    13
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 2321 Broadway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    1136228005
    Parking
    4
    Interior features
    Laundry In Building
    Appliances
    Cooktop, Dryer, Refrigerator

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick, Stone
    Roof type
    Rubber, Tile
    Architectural style
    Other

    Signature Real Estate Brokerage, LLC (815) 315-1111 [email protected]

    Listing agent Milena Cojkic (815) 315-1111 License #475183591

    Listing date Dec 2, 2025

    MLS# 202507376 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Rockford 4-Plex For Sale

    This well-maintained 4-plex in Rockford, Illinois, features four identical 2-bedroom, 1-bath units, each with a kitchen, living room, and dining area. The property is suitable for both owner-occupants and investors, combining modern updates with long-term functionality. A new roof with a transferable warranty has been installed. All units feature updated mechanicals, including HVAC, with the exception of one air conditioner. Separate utilities allow for easy management and tenant billing. All appliances are included. A large, clean basement provides tenant storage and a designated laundry area. A detached four-stall garage offers additional income potential or tenant parking. The property is a turn-key investment with strong rental appeal and low-maintenance updates. Located near shopping and amenities, this income-producing property is ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.058749
    Latitude
    42.252268

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    FAQs

    What type of property is this?
    Quadplex - Four 2-bedroom units with updates, garage, and strong rental appeal.
    Where is this quadplex located?
    The property is located at 2321 Broadway Rockford, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Turn-key 4-plex with four identical 2-bedroom, 1-bath units, ready for immediate income generation.; - Brand-new roof with a transferable warranty, ensuring long-term peace of mind.; - Updated mechanicals (HVAC & AC) in all units except for one AC unit.
    (815) 315-1111
    Request Owner's contact information
    2321 Broadway Rockford, IL 61104
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    Rockford, IL 61104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2321 Broadway Rockford, IL 61104
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