Duplex on One
3820-3824 Sandy Hollow Road Rockford, IL 61109
New
3820-3824 Sandy Hollow Road, Rockford, IL, 61109
$250,000
For Sale
$250,000
MULTI_FAMILY - ROCKFORD, IL
Property Size1,080 SF
Price / SF$231.48
Days on Market1
Property Features for 3820-3824 Sandy Hollow Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
- Parking
- 2
- Appliances
- Microwave, Refrigerator, Stove/Cooktop
- Standard status
- Active
- APN
- 1605352008
- Size
- 1,080 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- N120FT S288FT W165FT E697.76FT SW1/4 SW1/4 SEC: 05 TWP: 043 RANGE: 002 ACRES: 0.45
- Tax Annual Amount
- 3825
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Well
Building Details
- Year built
- 1951
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing Agency
Stateline Real Estate LLC
(815) 398-8899
920 22nd St., Rockford, IL
Listed by
Ricky Davis · License #471013255
(815) 690-5288
Added: Jul 17 Checked: Jul 17 at 7:06 pm
MLS# 202604400
Listing URL
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 property consists of two separate residences that are deemed a duplex because they share a single property PIN and are sold as one package. One home has been recently remodeled with fresh paint throughout, new flooring, an updated bathroom, and a partially finished basement. That residence also includes a detached one-car garage. Please note it does not have central air conditioning. The second residence features two bedrooms and an attached one-car garage, offering an opportunity for cosmetic updates.
The duplex is located at 3820-3824 Sandy Hollow Road in Rockford, IL 61109. Both homes will be sold together and will not be offered separately.
The property is being sold as-is, with the homes positioned to support rental or multi-household occupancy, depending on how a buyer plans to use the two separate units.
The duplex is located at 3820-3824 Sandy Hollow Road in Rockford, IL 61109. Both homes will be sold together and will not be offered separately.
The property is being sold as-is, with the homes positioned to support rental or multi-household occupancy, depending on how a buyer plans to use the two separate units.
Key Highlights
- Two separate homes on a single property PIN sold together as a duplex (sold one package, not separately).
- Recently remodeled residence includes fresh paint, new flooring, updated bathroom, and a partially finished basement.
- Detached one‑car garage for the remodeled residence.
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 | $10.5k | $9.72 |
| − Vacancy | −$399 | −$0.37 |
| EGI | $10.1k | $9.35 |
| − OpEx | −$3.0k | −$2.81 |
| NOI | $7.1k | $6.55 |
1,080 SF · lease $9.72/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$101.0K
$88.4K – $117.8K
NOI $7,069 @ 7.0% cap · market cap 2.83%
Second Best
Apartment 5plus
$88.0K
$77.0K – $102.7K
NOI $6,159 @ 7.0% cap · market cap 2.46%
Theoretical Best
Office A
$287.3K
$251.4K – $335.2K
NOI $20,109 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two residences are sold together on one parcel, with one recently remodeled home and a second unit ready for updates.
Where is this duplex located?
The property is located at 3820-3824 Sandy Hollow Road Rockford, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two separate homes on a single property PIN sold together as a duplex (sold one package, not separately).; Recently remodeled residence includes fresh paint, new flooring, updated bathroom, and a partially finished basement.; Detached one‑car garage for the remodeled residence.
