Brick Two-Story Duplex with
1402 N Church Street Rockford, IL 61103
New
For Sale
$160,000
MULTI_FAMILY - ROCKFORD, IL
Property Size2,350 SF
Price / SF$68.09
Days on Market2
Property Features for 1402 N Church Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 2
- Appliances
- Refrigerator, Stove/Cooktop
- Standard status
- Active
- APN
- 1114403021
- Size
- 2,350 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- NORTH END ADDN EXC W 40 FT ALL LOT 009 BLOCK 005
- Tax Annual Amount
- 2828
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing Agency:
Keller Williams Realty Signature
(815) 315-1111
Listed By:
Olga Kampmeier · License #475166479
(815) 621-9180
Added: Jul 24
Last Checked: Jul 25 at 11:06PM
MLS# 202604589
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.
Investment Insights
Based on property information with market context.
This all-brick, two-story duplex includes two separate units, each with 2 bedrooms and 1 full bathroom. Interior features include hardwood flooring and original wood trim with crown molding. The property is tenant-occupied and offers an existing income stream.
A detached 2-car garage is currently being used as a carport. The home is located near downtown Rockford and the Rock River, with access to shopping, dining, and other local amenities.
The duplex configuration provides two spacious, residential units within a solid brick structure, with original character maintained throughout.
A detached 2-car garage is currently being used as a carport. The home is located near downtown Rockford and the Rock River, with access to shopping, dining, and other local amenities.
The duplex configuration provides two spacious, residential units within a solid brick structure, with original character maintained throughout.
Key Highlights
- All‑brick, two‑story duplex built in 1920 with two units, each with 2 bedrooms and 1 full bathroom
- Each unit includes hardwood flooring with original wood trim and crown molding
- Tenant‑occupied duplex with combined current rents totaling $2,000/month
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.4k | $10.80 |
| − Vacancy | −$1.0k | −$0.43 |
| EGI | $24.4k | $10.37 |
| − OpEx | −$11.0k | −$4.67 |
| NOI | $13.4k | $5.70 |
2,350 SF · lease $10.80/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$219.7K
$192.3K – $256.4K
NOI $15,382 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$191.4K
$167.5K – $223.4K
NOI $13,401 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$625.1K
$546.9K – $729.3K
NOI $43,755 @ 7.0% cap · market cap 27.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - All-brick two-story duplex with two 2-bedroom units and a detached 2-car garage used as a carport.
Where is this duplex located?
The property is located at 1402 N Church Street Rockford, IL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: All‑brick, two‑story duplex built in 1920 with two units, each with 2 bedrooms and 1 full bathroom; Each unit includes hardwood flooring with original wood trim and crown molding; Tenant‑occupied duplex with combined current rents totaling $2,000/month
