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    Historic Duplex in Churchill Grove Title is generated by Realmo AI

    1206 Harlem, Rockford, IL 61103

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    Claim this Listing
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    For Sale
    $240,000

    2 Units - ROCKFORD, IL

    Property size:
    3,068 SF
    Price / SF:
    $78/SF
    Added:
    May 27, 2026
    Days on Market:
    1
    Last Refresh:
    May 27 at 5:06 pm

    Property Features for 1206 Harlem

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking
    1
    Interior features
    Laundry In Building, Porch Enclosed, Porch Screened
    Appliances
    Cooktop, Refrigerator
    Standard status
    Active
    APN
    1114477013
    Size
    3,068 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4934

    Utilities

    Heating system
    Hot Water (Heating), Steam
    Cooling system
    None (Cooling)

    Building Details

    Building materials
    Brick, Stone
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Olga Kampmeier
    Olga Kampmeier

    Listing agent Olga Kampmeier License #475166479

    Listing office Keller Williams Realty Signature 4201 Galleria Dr., Loves Park, IL

    Listing date May 27, 2026

    MLS# 202603045 Listing URL

    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

    • Over 3,000 sqft all‑brick duplex in historic Churchill Grove.
    • Two units with refinished hardwood floors and fresh paint throughout.
    • Main floor unit features three bedrooms, updated bathroom, and updated kitchen with breakfast nook.
    • Upstairs unit mirrors main floor features, including two bedrooms and a screened porch.
    • Attached one‑car garage.
    • Minutes from downtown and Rock River.

    Overview

    This is a gorgeous all-brick duplex located in the historic Churchill Grove neighborhood, offering over 3,000 square feet of living space. Both units have been freshly painted throughout, and the hardwood floors have been refinished. The main floor unit features three spacious bedrooms, one of which is a pass-through room, along with spacious closets and an updated bathroom that includes new subway tile, vanity, and toilet. The kitchen boasts new tile flooring, professionally painted cabinets, and new hardware. An adorable breakfast nook with built-in seating and a table adds to the charm. The living room is light and bright, featuring a wood-burning fireplace and crown molding, and there is a separate dining room. The upstairs unit mirrors the amazing features of the lower unit but includes two bedrooms and a screened porch. The property also includes an attached one-car garage and is located minutes from downtown and the Rock River.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $223.1K
    NOI $20,081 @ 9.00% cap · cautious / downside scenario
    Moderate
    $286.9K
    NOI $20,081 @ 7.00% cap · market / base-case scenario
    Aggressive
    $401.6K
    NOI $20,081 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
    Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $29.8k $9.72
    − Vacancy −$1.1k −$0.37
    EGI $28.7k $9.35
    − OpEx −$8.6k −$2.81
    NOI $20.1k $6.55
    3,068 SF · lease $9.72/SF/yr · vacancy 3.80% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $286.9K
    $251.0K – $334.7K (±1% cap)
    NOI $20,081 @ 7.0% cap · market cap 8.37%
    Second Best
    Apartment 5plus
    $249.9K
    $218.7K – $291.6K (±1% cap)
    NOI $17,495 @ 7.0% cap · market cap 7.29%
    Theoretical Best
    Office A
    $816.1K
    $714.1K – $952.1K (±1% cap)
    NOI $57,124 @ 7.0% cap · market cap 23.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.080268
    Latitude
    42.283542

    FAQs

    What type of property is this?
    Duplex - All-brick duplex in historic neighborhood, freshly painted with refinished floors.
    Where is this duplex located?
    The property is located at 1206 Harlem Rockford, IL.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Over 3,000 sqft all‑brick duplex in historic Churchill Grove.; Two units with refinished hardwood floors and fresh paint throughout.; Main floor unit features three bedrooms, updated bathroom, and updated kitchen with breakfast nook.
    More about this property
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