Townhouse-Style
For Sale
$315,000
3312 Sablewood Drive, Rockford, IL 61101
Brick multifamily property with renovated interiors, separate tenant-paid utilities, and basement space with laundry hookups.
Property SizeContact for details
Days on Market8
Property Features for 3312 Sablewood Drive
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA, 2 x 2BR/1.5BA
Multifamily Units
4
Amenities
laundry hookups
Natural Gas
Building Details
Year Built
1966
Construction
brick
Listing Agency:
Fulton Grace Realty
(847) 571-7457
Listed By:
Henry Lazerow
Source:
Kw
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 31 at 12:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fulton Grace Realty
Investment Insights
Based on property information with market context.
This brick quadplex at 3312 Sablewood Drive contains four three-level townhouse-style units. The mix includes two 2-bedroom, 1-bath residences and two 2-bedroom, 1.5-bath residences. Each unit includes a large basement with laundry hookups, and some tenants use that space as a third bedroom. Interior renovations and several window replacements were completed in 2023.
The property is currently rented, with one resident on a month-to-month arrangement. Utilities are separately metered and paid by tenants, except for water. Additional work includes a new roof in 2023, waterproofing across all four basements in 2025, a new water heater in 2026, and asphalt pavement repairs in 2026. FHA and VA financing are supported by the property characteristics noted.
The property is currently rented, with one resident on a month-to-month arrangement. Utilities are separately metered and paid by tenants, except for water. Additional work includes a new roof in 2023, waterproofing across all four basements in 2025, a new water heater in 2026, and asphalt pavement repairs in 2026. FHA and VA financing are supported by the property characteristics noted.
Key Highlights
- Four three‑level townhouse‑style units with a mix of 2‑bedroom, 1‑bath and 2‑bedroom, 1.5‑bath layouts
- Large basement in each unit with laundry hookups; some tenants use basement space as a 3rd bedroom
- Interior renovations and several new windows completed in 2023
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Explore this area
Business Placement
Demographics for 61101, IL
19,784
Population
9,005
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
80%
High-School Grad
41.5 sq mi
ZIP Area
477
Density / Sq Mi
$45,260
Median Household Income
$30,061
Median Earnings
$975
Median Rent
$89,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Brick multifamily property with renovated interiors, separate tenant-paid utilities, and basement space with laundry hookups.
Where is this quadplex located?
The property is located at 3312 Sablewood Drive Rockford, IL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Four three‑level townhouse‑style units with a mix of 2‑bedroom, 1‑bath and 2‑bedroom, 1.5‑bath layouts; Large basement in each unit with laundry hookups; some tenants use basement space as a 3rd bedroom; Interior renovations and several new windows completed in 2023
