2108 20th Avenue, Rockford, IL 61104
- Added:
- Jun 24, 2026
- Days on Market:
- 13
- Last Refresh:
- Jul 6 at 8:06 am
Property Features for 2108 20th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 4
- Parking
- 4
- Appliances
- Refrigerator, Stove/Cooktop
- Standard status
- Active
- APN
- 1136261008
- Size
- 1,945 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SYND SUBD PT W 1/2 NE 1/4 SEC 36-44-1 LOT 008 BLOCK 023
- Tax Annual Amount
- 1791
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing agent Miguel Lobato License #475146683 (815) 231-4129
Listing office Gambino Realtors 5330 WILLIAMS DR, Rockford, IL (815) 623-3333
Listing date Jun 24, 2026
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.
HighLights
- Up‑and‑down duplex built in 1910 with 4 bedrooms and 2 bathrooms plus a basement
- Updated kitchens and bathrooms, plus hardwood floors in both units
- Separate utilities for each unit with forced‑air natural gas heat and central air
- Newer furnace and central air for each unit, and a brand‑new water heater for the upper unit
- Upper unit includes private balcony access and a spacious, usable attic
- Full fenced yard plus detached 2‑car garage with automatic opener; basement includes a built‑in bar area
Overview
Located at 2108 20th Avenue in Rockford, Illinois 61104, the home is set up for both comfort and privacy with a fully fenced yard. Parking is supported by a detached two-car garage with an automatic opener.
For tenants, buyers, or owner-occupants, the duplex layout can work well for flexible occupancy, including the option to live in one unit while renting the other. With updated interior finishes, separate utilities, and dedicated outdoor and garage space, the property is positioned as a straightforward choice for maintaining or operating a residential income asset.
Local Financial Insights For Multifamily LT 5
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 | $18.9k | $9.72 |
| − Vacancy | −$718 | −$0.37 |
| EGI | $18.2k | $9.35 |
| − OpEx | −$5.5k | −$2.81 |
| NOI | $12.7k | $6.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.063319
- Latitude
- 42.245984
