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Rockford Multifamily Investment Opportunity
For Sale
Under Contract
$2,449,000

4115 Harrison Avenue, Rockford, IL 61108

MULTI_FAMILY - Rockford, IL

Lot Size1.82 Acres
Days on Market200

Property Features for 4115 Harrison Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 44
Bathrooms 24
Full bathrooms 24
Rooms Bathroom 14, Bedroom 17, Bathroom 2, Bedroom 27, Bedroom 4, Bedroom 32, Bathroom 18, Bathroom 12, Bedroom 31, Bedroom 15, Bedroom 29, Bedroom 14, Bathroom 8, Bedroom 10, Bedroom 40, Bathroom 1, Bedroom 7, Bathroom 21, Bedroom 3, Bedroom 42, Bedroom 13, Bathroom 17, Bathroom 7, Bedroom 34, Bathroom 6, Bedroom 12, Bedroom 23, Bathroom 19, Bathroom 13, Bedroom 6, Bedroom 8, Bedroom 38, Bathroom 24, Bedroom 26, Bedroom 39, Bedroom 28, Bedroom 35, Bedroom 11, Bedroom 25, Bedroom 37, Bedroom 9, Bathroom 3, Bathroom 22, Bedroom 5, Bedroom 24, Bedroom 44, Bedroom 1, Bathroom 15, Bathroom 9, Bathroom 5, Bathroom 16, Bedroom 2, Bathroom 20, Bedroom 36, Bedroom 20, Bathroom 4, Bedroom 33, Bedroom 43, Bedroom 18, Bathroom 11, Bedroom 21, Bedroom 41, Bedroom 16, Bedroom 22, Bedroom 30, Bathroom 23, Bathroom 10, Bedroom 19
Directions Take Harrison Ave Exit from I39 & I90 intersection, go West 3 miles on Harrison to building.
Subdivision Rockford
Standard status Active Under Contract
APN 1605105006
Lot size 1.82 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 27000

Utilities

Cooling system Central Air

Building Details

Year built 1970
Floors in Building 3
Number of units 24
Building materials Brick, Steel Siding
Roof type Rubber, Tar/Gravel
Listing Agency: Realty One Group Excel
Listed By: Mohammad Fatani · License #475202050
Added: Jan 11 Changed: Jul 13 Last Checked: Jul 30 at 3:06PM
MLS# 12538449

Copyright © 2026 Midwest Real Estate Data, LLC. 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 multifamily property is located in Rockford, Illinois. The property is zoned MULTI and has a lot size of 1.82 acres. It is suitable for residential income purposes and can be classified under apartment buildings.

Key Highlights

  • Built in 1970.
  • Central air cooling.
  • Construction materials include brick and steel siding.

Property Analytics

Current Use

Burr Oaks Apartment Complex

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Skin Care Clinic Hair Salon

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

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 61108, IL

29,660
Population
12,650
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
10.9 sq mi
ZIP Area
2,721
Density / Sq Mi
$63,046
Median Household Income
$34,856
Median Earnings
$986
Median Rent
$128,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property for sale in Rockford, Illinois.
Where is this apartment building located?
The property is located at 4115 Harrison Avenue Rockford, IL.
What is the asking price?
The asking price for this property is $2,449,000.
What are key features of this property?
This property features: Built in 1970.; Central air cooling.; Construction materials include brick and steel siding.
More about this property
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