3786-3788 Sage Drive, Rockford, IL 61114
- Added:
- Oct 30, 2025
- Days on Market:
- 241
- Last Refresh:
- Jun 27 at 11:06 pm
Property Features for 3786-3788 Sage Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 4, Basement, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Parking
- 4
- Appliances
- Dishwasher, Refrigerator, Stove/Cooktop
- Standard status
- Active
- APN
- 1205431026
- Size
- 3,544 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- FOXWOOD HILLS NO 2 PT N 1/2 SE1/4 SEC 5-44-2 LOT 11
- Tax Annual Amount
- 8430
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1995
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing agent Aimee Leon License #475201058 (815) 516-7879
Listing office Gambino Realtors 3815 N Mulford, Rockford, IL (815) 282-2222
Listing date Oct 30, 2025
Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Ranch‑style duplex with 2 units; each unit has 2 bedrooms and 2 bathrooms
- Each unit includes a 2‑car garage and a partially finished basement with laundry, a full bath, and outside egress
- Separate utilities for each unit; both units are currently rented
- Central air and forced‑air natural gas heating
- Appliances included: dishwasher, refrigerator, and stove/cooktop
- Built in 1995; shingle roof
Overview
Located in Rockford, Illinois near Riverside Boulevard, the property is positioned close to shopping and dining, including Costco. Access to I-90 is also convenient, which can make it practical for tenants who commute or want nearby daily conveniences.
For investors or owner-occupants, the current configuration supports flexible occupancy. Both units are currently rented, while the layout and separate utilities can also support the option to live in one unit and rent the other. Each unit’s basement amenities and outside egress add functional living space beyond the main level, making the property well-suited for tenants seeking more than a basic duplex setup.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.4k | $9.72 |
| − Vacancy | −$1.3k | −$0.37 |
| EGI | $33.1k | $9.35 |
| − OpEx | −$9.9k | −$2.81 |
| NOI | $23.2k | $6.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.0211284
- Latitude
- 42.3151209
