Fully Rented Two-Unit
For Sale
Contact for pricing
Pending
1631 8th Avenue, Rockford, IL 61104
Two-bedroom, one-bath units with a functional living and kitchen layout, providing rental occupancy at sale.
Days on Market64
Property Features for 1631 8th Avenue
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Building Details
Year Built
1915
Tenancy
Multi
Listing Agency:
Keller Williams Realty Signature
Listed By:
Katie Giese
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 26 at 3:22PM
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 Keller Williams Realty Signature
Investment Insights
Based on property information with market context.
This is a fully rented two-unit multifamily property configured as a duplex. Each unit includes two bedrooms, one bathroom, a living room, and a functional kitchen layout. The property also has solar panels with a stated cost of $46.00 per month. The owner pays water, sewer, and electric, while the tenant pays gas.
The property is located at 1631 8th Avenue in Rockford, Illinois. Showings require 24-hour notice, with 48-hour notice preferred to support tenant scheduling.
For investors or owner-operators looking for an income-producing rental duplex, the asset is offered with existing in-place tenants. The covered utilities arrangement can simplify budgeting by shifting water, sewer, and electric to the owner, while tenant responsibility for gas remains in place. Solar panel costs are listed as an ongoing monthly expense, offering additional clarity for operating planning.
The property is located at 1631 8th Avenue in Rockford, Illinois. Showings require 24-hour notice, with 48-hour notice preferred to support tenant scheduling.
For investors or owner-operators looking for an income-producing rental duplex, the asset is offered with existing in-place tenants. The covered utilities arrangement can simplify budgeting by shifting water, sewer, and electric to the owner, while tenant responsibility for gas remains in place. Solar panel costs are listed as an ongoing monthly expense, offering additional clarity for operating planning.
Key Highlights
- Fully rented 2‑unit multifamily property built in 1915
- Each unit offers 2 bedrooms, 1 bathroom, plus a living room and functional kitchen layout
- Current rents: main floor unit $1,050/month and upper unit $850/month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,565
Businesses Nearby
Explore this area
Business Placement
Demographics for 61104, IL
17,354
Population
9,253
Households
1.9
Avg Household Size
32
Median Age
9%
College-Educated
75%
High-School Grad
4.5 sq mi
ZIP Area
3,856
Density / Sq Mi
$32,161
Median Household Income
$26,277
Median Earnings
$854
Median Rent
$83,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom, one-bath units with a functional living and kitchen layout, providing rental occupancy at sale.
Where is this duplex located?
The property is located at 1631 8th Avenue Rockford, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Fully rented 2‑unit multifamily property built in 1915; Each unit offers 2 bedrooms, 1 bathroom, plus a living room and functional kitchen layout; Current rents: main floor unit $1,050/month and upper unit $850/month
