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10-Unit Brick Apartment Package
For Sale
Contact for pricing
Pending

2424-2432 Holmes Street, Rockford, IL 61108

Two brick apartment buildings are offered together with a shared driveway and a mix of one- and two-bedroom units.

Property SizeContact for details
Days on Market144

Property Features for 2424-2432 Holmes Street

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Century 21 Affiliated Rockford
Listed By: Steven Niemczyk · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 2 at 5:03AM

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 Century 21 Affiliated Rockford

Investment Insights

Based on property information with market context.

This offering combines two all-brick apartment buildings under one sale. The property contains 10 units in total: one six-unit building with exclusively two-bedroom apartments and a second four-unit building with two two-bedroom apartments and two one-bedroom apartments. Most units feature hardwood flooring, and the buildings share a common driveway. Laundry operations are present, although the washer and dryer equipment is not owned with the property.

The buildings are located at 2424-2432 Holmes Street in Rockford, Illinois, within ZIP Code 61108. The package structure provides a mix of apartment layouts across two separate improvements at the same address.

Key Highlights

  • 10 total apartment units across two all‑brick buildings
  • Six‑unit building with six two‑bedroom apartments
  • Four‑unit building with two two‑bedroom and two one‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Daycare Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 61108, IL

29,660
Population
12,650
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
10.9 sq mi
ZIP Area
2,721
Density / Sq Mi
$63,046
Median Household Income
$34,856
Median Earnings
$986
Median Rent
$128,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two brick apartment buildings are offered together with a shared driveway and a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 2424-2432 Holmes Street Rockford, IL.
What are key features of this property?
This property features: 10 total apartment units across two all‑brick buildings; Six‑unit building with six two‑bedroom apartments; Four‑unit building with two two‑bedroom and two one‑bedroom apartments
(815) 871-2100 Call to check price and availability
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