909-911 Ridge Avenue, Rockford, IL 61103
- Added:
- Dec 11, 2025
- Days on Market:
- 198
- Last Refresh:
- Jun 27 at 11:06 am
Property Features for 909-911 Ridge Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Basement, Bedroom 8, Bathroom 5, Bedroom 5, Bedroom 1
- Appliances
- Refrigerator, Oven
- Standard status
- Pending
- APN
- 1114378018
- Size
- 3,350 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COUNTY CLKS 1ST PLAT OF PT GARRISONS ADD 66.75 FT ON RIDGE AVE BY 97.88 FT DEEP NW COR AS LOT B LOT 020 BLOCK 001
- Tax Annual Amount
- 944
Utilities
- Heating system
- Electric (Heating), Natural Gas, Baseboard
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Number of units
- 6
Listing agent Katie Giese License #475197916 (815) 985-4478
Listing office Keller Williams Realty Signature 4201 Galleria Dr., Loves Park, IL (815) 315-1111
Listing date Dec 11, 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
- 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
- Street parking available; access to a bus line
Overview
Local Financial Insights For Apartment 5plus
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 | $36.2k | $10.80 |
| − Vacancy | −$1.4k | −$0.43 |
| EGI | $34.7k | $10.37 |
| − OpEx | −$15.6k | −$4.67 |
| NOI | $19.1k | $5.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.090504
- Latitude
- 42.281983
