Updated Two-Unit
For Sale
$138,000
1003 Haskell Avenue, Rockford, IL 61103
MULTI_FAMILY - ROCKFORD, IL
Property Size2,168 SF
Price / SF$63.65
Days on Market9
Property Features for 1003 Haskell Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
2 Family
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Basement, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking
2
Appliances
Microwave, Refrigerator, Stove/Cooktop
Elementary school
R K Welsh Elementary
Middle school
West Middle
High school
Guilford High
Elementary school district
Rockford 205
Middle school district
Rockford 205
High school district
Rockford 205
Subdivision
Winnebago County
Standard status
Active
APN
1114354011
Size
2,168 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
KIMBALLS ADDN S 44 FT LOTS 1 AND 002 BLOCK 002
Tax Annual Amount
2207
Legal Description
KIMBALLS ADDN S 44 FT LOTS 1 AND 002 BLOCK 002
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
covered front porch
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Roof type
Shingle
Listing Agency:
Keller Williams Realty Signature
(815) 315-1111
Listed By:
Nicholas Suchoski
(815) 914-6708
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 5 at 1:06AM
MLS# 202604795
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.
Investment Insights
Based on property information with market context.
This 2,168-square-foot duplex contains an upstairs residence and a downstairs residence, with both units currently tenant-occupied. The property includes two bathrooms, a basement, a covered front porch, off-street parking, and a detached outbuilding on a corner lot. Interior updates include luxury vinyl plank flooring throughout, along with carpet installed over the LVP in the upstairs unit at the tenant’s request.
Major property improvements include a new shingle roof, new air conditioner, and new furnace. Heating is provided by natural gas and forced air, while cooling is handled by central air. The kitchen appliance package includes a microwave, refrigerator, and stove/cooktop. Built in 1900, the duplex is located at 1003 Haskell Avenue in Rockford, Illinois.
Major property improvements include a new shingle roof, new air conditioner, and new furnace. Heating is provided by natural gas and forced air, while cooling is handled by central air. The kitchen appliance package includes a microwave, refrigerator, and stove/cooktop. Built in 1900, the duplex is located at 1003 Haskell Avenue in Rockford, Illinois.
Key Highlights
- 2,168‑square‑foot duplex with upstairs and downstairs units
- Both units are currently tenant‑occupied
- New shingle roof, air conditioner, and furnace
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 | $23.4k | $10.80 |
| − Vacancy | −$937 | −$0.43 |
| EGI | $22.5k | $10.37 |
| − OpEx | −$10.1k | −$4.67 |
| NOI | $12.4k | $5.70 |
2,168 SF · lease $10.80/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$202.7K
$177.4K – $236.5K
NOI $14,191 @ 7.0% cap · market cap 10.28%
Second Best
Apartment 5plus
$176.6K
$154.5K – $206.1K
NOI $12,363 @ 7.0% cap · market cap 8.96%
Theoretical Best
Office A
$576.7K
$504.6K – $672.8K
NOI $40,366 @ 7.0% cap · market cap 29.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Explore this area
Business Placement
Demographics for 61103, IL
23,294
Population
11,271
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
16.3 sq mi
ZIP Area
1,429
Density / Sq Mi
$47,390
Median Household Income
$34,935
Median Earnings
$952
Median Rent
$114,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and benefit from recent mechanical, flooring, and exterior improvements.
Where is this duplex located?
The property is located at 1003 Haskell Avenue Rockford, IL.
What is the asking price?
The asking price for this property is $138,000.
What are key features of this property?
This property features: 2,168‑square‑foot duplex with upstairs and downstairs units; Both units are currently tenant‑occupied; New shingle roof, air conditioner, and furnace
