1212 South 5th Street, Rockford, IL 61104
Two updated units with recent exterior and sewer improvements, plus outdoor space and two driveway access points.
- Added:
- May 24, 2026
- Days on Market:
- 23
- Last Refresh:
- Jun 6 at 3:28 am
Property Features for 1212 South 5th Street
General Information
- Standard status
- Active
- Size
- 1,954 SF
- Property subtype
- Multi Family / 2 Units
Building Details
- Year Built
- 1900
Listing agent Dimas Trujillo License #475182208
Listing office Smart Home Realty (815) 556-2272
Listing date May 24, 2026
Source Compass
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HighLights
- Two‑unit property with central air and forced‑air natural gas heat
- Newer roof plus new siding, gutters, and soffit
- Main sewer line replaced last year
- Basement included
- Driveway with two points of access plus outdoor space
- Both tenants on month‑to‑month leases; appliances include refrigerator and stove/cooktop
Overview
The duplex is located at 1212 South 5th Street in Rockford, Illinois. Tenancy is currently in place on a month-to-month basis for both units. Based on the information provided, both tenants would like to remain in the property.
For investors or buyers looking for a maintained, income-producing duplex, the combination of recent exterior work and the replaced main sewer line helps reduce near-term building maintenance items. The month-to-month occupancy provides operational flexibility, while the two separate access points and outdoor space support practical residential use for tenants. Overall, it presents as a turn-key duplex option with documented updates and existing tenancy.
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 | $19.0k | $9.72 |
| − Vacancy | −$722 | −$0.37 |
| EGI | $18.3k | $9.35 |
| − OpEx | −$5.5k | −$2.81 |
| NOI | $12.8k | $6.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.0834171
- Latitude
- 42.2547803
