3420 Harrison Ave, Rockford, IL 61108
- Added:
- Mar 23, 2026
- Days on Market:
- 106
- Last Refresh:
- Jul 6 at 11:06 am
Property Features for 3420 Harrison Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 15
- Bathrooms
- 10
- Rooms
- Bathroom 6, Bedroom 6, Bedroom 3, Bathroom 8, Bathroom 1, Bedroom 10, Bedroom 14, Bedroom 2, Bathroom 10, Bathroom 5, Bathroom 9, Bedroom 7, Bedroom 4, Bedroom 8, Basement, Bedroom 5, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 3, Bedroom 15, Bathroom 7, Bathroom 4, Bedroom 9, Bedroom 1, Bedroom 13
- Parking
- 5
- Appliances
- Refrigerator, Oven
- Standard status
- Pending
- APN
- 1231478015
- Size
- 6,200 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- INC S40FT TO RDWY ALL W40 FT E756FT S190FT PT SE1/4 SEC: 31 TWP: 044 RANGE: 002 ACRES: 0.31
- Tax Annual Amount
- 8937
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 5
- Roof type
- Shingle
Listing agent Ken Redeker License #471012969 (815) 520-3995
Listing office Keller Williams Realty Signature 4201 Galleria Dr., Loves Park, IL (815) 315-1111
Listing date Mar 23, 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
- 5‑unit property, with each unit configured as 3 bedrooms and 1.5 bathrooms
- 100% occupancy with 4 month‑to‑month tenants
- Forced air heating; window unit(s) cooling
- Year built: 1965
- Includes refrigerator and oven; shingle roof
Overview
Local 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 | $67.0k | $10.80 |
| − Vacancy | −$2.7k | −$0.43 |
| EGI | $64.3k | $10.37 |
| − OpEx | −$28.9k | −$4.67 |
| NOI | $35.4k | $5.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.041465
- Latitude
- 42.238354
