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Triplex with Separate Utilities
New
For Sale
$165,000

1009 7th St, Rockford, IL 61104

A multi-unit residential property with independent gas and electric service for each apartment.

Property SizeContact for details
Days on Market2

Property Features for 1009 7th St

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Utilities to Site Yes

Building Details

Year Built 1910
Buildings 2
Listing Agency: Keller Williams Onechicago
Listed By: The Luxe Home Team
Source: Theluxehometeam
Added: Oct 4 Last Checked: Oct 4 at 1:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Onechicago

Investment Insights

Based on property information with market context.

This 1910 triplex contains three apartments: two have two bedrooms and one full bathroom apiece, while the garden-level unit has one bedroom and one full bathroom. Each apartment has its own gas and electric utilities.

The triplex is being offered only as a package with the neighboring duplex at 1003 7th Street in Rockford, Illinois.

Key Highlights

  • Three apartments: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Each apartment has separate gas and electric utilities
  • Built in 1910

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Acupuncture Florist Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

938
Businesses Nearby

Demographics for 61104, IL

17,354
Population
9,253
Households
1.9
Avg Household Size
32
Median Age
9%
College-Educated
75%
High-School Grad
4.5 sq mi
ZIP Area
3,856
Density / Sq Mi
$32,161
Median Household Income
$26,277
Median Earnings
$854
Median Rent
$83,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - A multi-unit residential property with independent gas and electric service for each apartment.
Where is this triplex located?
The property is located at 1009 7th St Rockford, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Each apartment has separate gas and electric utilities; Built in 1910
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