Listing Agency: Smart Home Realty

Listed By: Airel Hermosillo · License #471015973 Show Phone

Source: Exprealty

Added: Sep 23 Changed: Sep 30 Last Checked: Oct 4 at 3:37PM

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Investment Insights

Based on property information with market context.

This two-unit duplex in Rockford, Illinois, has had its roof and windows updated. The property requires further work, a condition to account for when evaluating the building.

Key Highlights

• Two residential units
• Roof and windows recently updated
• Property requires additional work

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Veterinary Clinic

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

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

691

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

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Roof and window improvements have been completed, while the property still requires additional work.

Where is this duplex located?

The property is located at 1802 9th St Rockford, IL.

What is the asking price?

The asking price for this property is $90,000.

What are key features of this property?

This property features: Two residential units; Roof and windows recently updated; Property requires additional work