Duplex with Attached
New
For Sale
$260,000
1304 WATTS, Rockton, IL 61072
MULTIFAMILY, ROCKTON, IL
Property Size2,100 SF
Price / SF$123.81
Days on Market2
Property Features for 1304 WATTS
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bedroom 3, Bedroom 1
Parking
2
Appliances
Refrigerator, Sump Pump, Oven
Elementary school
Rockton Grade School
Middle school
Stephen Mack Middle
High school
Hononegah High
Elementary school district
Rockton 140
Middle school district
Rockton 140
High school district
Rockton 140
Subdivision
Winnebago County
Standard status
Active
APN
0313226006
Size
2,100 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
WRIGHT KILES BLACKHAWK A BNG PT NE 1/4 SEC 14-46-1 LOT 078
Tax Annual Amount
4814
Legal Description
WRIGHT KILES BLACKHAWK A BNG PT NE 1/4 SEC 14-46-1 LOT 078
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1971
Floors in Building
1
Number of units
2
Roof type
Shingle
Listing Agency:
DICKERSON & NIEMAN
(815) 227-5900
Listed By:
Leslie Winebaugh
(815) 978-6537
Added: Oct 19
Last Checked: Oct 20 at 5:06AM
MLS# 202606637
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 2,100-square-foot duplex contains two residences, each with two bedrooms, one full bathroom, and a one-car garage. Built in 1971, the property has forced-air heat and central air conditioning. Appliances include a refrigerator and oven; a sump pump is also present.
Updates include central air conditioning in both units in 2026, furnaces in 2025, and water heaters installed in 2023 and 2024. One unit retains its existing interior finishes, while updates were made to the other. The property is being sold as is.
Updates include central air conditioning in both units in 2026, furnaces in 2025, and water heaters installed in 2023 and 2024. One unit retains its existing interior finishes, while updates were made to the other. The property is being sold as is.
Key Highlights
- Two‑unit duplex totaling 2,100 square feet
- Two bedrooms and one full bathroom in each residence
- One‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,843
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,860
$416.9K
Cap Rate 7%
$297,757
$297.8K
Cap Rate 9%
$231,589
$231.6K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$32.3K $15.36/SF
− Vacancy
−$2.5K −$1.18/SF
EGI
$29.8K $14.18/SF
− OpEx
−$8.9K −$4.25/SF
NOI
$20.8K $9.93/SF
Area
Winnebago County, IL
Vacancy
7.69%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,860
Cap Rate 7%
$297,757
Cap Rate 9%
$231,589
Alternative Uses
Best Use
Multifamily LT 5
$297.8K
$260.5K – $347.4K
NOI $20,843 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$263.8K
$230.9K – $307.8K
NOI $18,469 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$572.4K
$500.9K – $667.8K
NOI $40,068 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
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Business Placement
Demographics for 61072, IL
11,259
Population
4,333
Households
2.6
Avg Household Size
43
Median Age
35%
College-Educated
96%
High-School Grad
52.3 sq mi
ZIP Area
215
Density / Sq Mi
$102,604
Median Household Income
$50,631
Median Earnings
$982
Median Rent
$225,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one full bathroom, and a private one-car garage.
Where is this duplex located?
The property is located at 1304 WATTS Rockton, 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 totaling 2,100 square feet; Two bedrooms and one full bathroom in each residence; One‑car garage for each unit
