Spacious Duplex in Rockford,
1234 West Street Rockford, IL 61102
For Sale
$120,000
MULTI_FAMILY - ROCKFORD, IL
Property Size1,635 SF
Price / SF$73.39
Days on Market92
Property Features for 1234 West Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4
Parking
1
Appliances
Refrigerator, Stove/Cooktop, Oven
Standard status
Active
APN
1127253010
Size
1,635 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CHURCH + ROBERTSONS ADD W 123 FT LOT 006 BLOCK 028
Tax Annual Amount
1700
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
1977
Floors in Building
2
Number of units
2
Roof type
Shingle
Listing Agency:
Keller Williams Realty Signature
(815) 315-1111
Listed By:
Priscilla Sandoval · License #475211657
(608) 718-8890
Added: Apr 29
Changed: Jul 9
Last Checked: Jul 29 at 11:06AM
MLS# 202602375
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 two-story duplex in Rockford, IL, presents an investor opportunity. The property includes two units, each featuring 2 bedrooms, functional layouts, and eat-in kitchens. Washer and dryer hookups are available, but the units are not included. The HVAC system has been recently updated by the seller. The property is being sold as-is, and the seller has never occupied it. The 1,635 square foot property has the potential to be converted back to a single-family home, pending buyer verification.
Key Highlights
- Spacious 2‑story duplex with 2 units, each featuring 2 bedrooms
- Each unit includes an eat‑in kitchen with functional layouts
- Natural gas heating with central air cooling
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 | $15.9k | $9.72 |
| − Vacancy | −$604 | −$0.37 |
| EGI | $15.3k | $9.35 |
| − OpEx | −$4.6k | −$2.81 |
| NOI | $10.7k | $6.55 |
1,635 SF · lease $9.72/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$152.9K
$133.8K – $178.4K
NOI $10,702 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$133.2K
$116.5K – $155.4K
NOI $9,323 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$434.9K
$380.5K – $507.4K
NOI $30,442 @ 7.0% cap · market cap 25.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with updated HVAC, potential for single-family conversion.
Where is this duplex located?
The property is located at 1234 West Street Rockford, IL.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Spacious 2‑story duplex with 2 units, each featuring 2 bedrooms; Each unit includes an eat‑in kitchen with functional layouts; Natural gas heating with central air cooling
