Riverfront
12730 VENTURA Boulevard, Machesney Park, IL 61115
For Sale
$260,000
MULTIFAMILY, MACHESNEY PARK, IL
Property Size1,288 SF
Price / SF$201.86
Days on Market55
Property Features for 12730 VENTURA Boulevard
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Appliances
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Amenities
detached garage
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
DICKERSON & NIEMAN
(815) 227-5900
Listed By:
Javen Rands · License IL 475.202723
(779) 207-5256
Added: Sep 18
Changed: Oct 27
Last Checked: Nov 11 at 5:06AM
MLS# 202605933
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.
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Investment Insights
Based on property information with market context.
This 1,288-square-foot duplex is configured as a ranch-style two-unit property with one unit currently rented and the other vacant. The available unit includes an updated kitchen with stainless steel appliances, cabinetry, and modern flooring, along with a bathroom. A detached garage and basement add functional space to the property, which was built in 1956.
The property fronts the river and includes a large riverfront lot in Machesney Park. Building systems include forced-air heat, central air, a shingle roof, and a private well. Included appliances are a washer, dryer, refrigerator, and stove/cooktop.
The property fronts the river and includes a large riverfront lot in Machesney Park. Building systems include forced-air heat, central air, a shingle roof, and a private well. Included appliances are a washer, dryer, refrigerator, and stove/cooktop.
Key Highlights
- Two‑unit duplex with one rented unit and one vacant unit
- 1,288 square feet on a riverfront lot
- Ranch‑style layout with detached garage and basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,431
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$168,620
$168.6K
Cap Rate 7%
$120,443
$120.4K
Cap Rate 9%
$93,678
$93.7K
Market Conditions
NOI Build-Up for 1,288 SF
Gross rent
$12.5K $9.72/SF
− Vacancy
−$476 −$0.37/SF
EGI
$12.0K $9.35/SF
− OpEx
−$3.6K −$2.81/SF
NOI
$8.4K $6.55/SF
Area
Rockford, IL
Vacancy
3.80%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$168,620
Cap Rate 7%
$120,443
Cap Rate 9%
$93,678
Alternative Uses
Best Use
Multifamily LT 5
$120.4K
$105.4K – $140.5K
NOI $8,431 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$104.9K
$91.8K – $122.4K
NOI $7,345 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$342.6K
$299.8K – $399.7K
NOI $23,982 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
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Business Placement
Demographics for 61115, IL
22,599
Population
8,983
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
2,132
Density / Sq Mi
$73,771
Median Household Income
$44,141
Median Earnings
$1,111
Median Rent
$160,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Winnebago County, IL
Properties on Market for Duplexes in Winnebago County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit ranch property with one rented unit and a second unit available for leasing.
Where is this duplex located?
The property is located at 12730 VENTURA Boulevard Machesney Park, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit duplex with one rented unit and one vacant unit; 1,288 square feet on a riverfront lot; Ranch‑style layout with detached garage and basement
