Updated Duplex with
New
For Sale
$260,000
1308 WATTS, Rockton, IL 61072
MULTIFAMILY, ROCKTON, IL
Property Size1,782 SF
Price / SF$145.90
Days on Market2
Property Features for 1308 WATTS
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1
Parking
2
Appliances
Dishwasher, Refrigerator, Sump Pump
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
0313226007
Size
1,782 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
WRIGHT KIKO BLACKHAWK A BNG PT NE 1/2 SEC 13-46-1 LOT 078
Tax Annual Amount
4504
Legal Description
WRIGHT KIKO BLACKHAWK A BNG PT NE 1/2 SEC 13-46-1 LOT 078
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1969
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# 202606636
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 1,782-square-foot duplex contains two units, each with two bedrooms and one full bath. Both residences have updated kitchens and newer carpet, with one-car garages serving each unit. Central air and forced-air heating are in place, along with a shingle roof.
Recorded improvements include a new furnace in 2024, roof in 2024, hot water heater in 2025, air conditioning in 2019, and picture window in 2022. The property was built in 1969 and is offered in as-is condition.
The duplex is in Rockton near downtown, shopping, and restaurants.
Recorded improvements include a new furnace in 2024, roof in 2024, hot water heater in 2025, air conditioning in 2019, and picture window in 2022. The property was built in 1969 and is offered in as-is condition.
The duplex is in Rockton near downtown, shopping, and restaurants.
Key Highlights
- Two‑unit duplex totaling 1,782 square feet
- Each unit has two bedrooms, one full bath, and a one‑car garage
- Updated kitchens and newer carpet in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,687
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,740
$353.7K
Cap Rate 7%
$252,671
$252.7K
Cap Rate 9%
$196,522
$196.5K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$27.4K $15.36/SF
− Vacancy
−$2.1K −$1.18/SF
EGI
$25.3K $14.18/SF
− OpEx
−$7.6K −$4.25/SF
NOI
$17.7K $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%
$353,740
Cap Rate 7%
$252,671
Cap Rate 9%
$196,522
Alternative Uses
Best Use
Multifamily LT 5
$252.7K
$221.1K – $294.8K
NOI $17,687 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$223.9K
$195.9K – $261.2K
NOI $15,672 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$485.7K
$425.0K – $566.7K
NOI $34,001 @ 7.0% cap · market cap 13.08%
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 - Two residences each offer two bedrooms, one full bath, and a private one-car garage.
Where is this duplex located?
The property is located at 1308 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 1,782 square feet; Each unit has two bedrooms, one full bath, and a one‑car garage; Updated kitchens and newer carpet in both units
