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Vacant Duplex with Separate Utilities
For Sale
$124,999
Pending

427 9th St, Rockford, IL 61104

Two three-bedroom units include individual meters, electrical panels, and appliances that remain with the property.

Property Size3,123 SF
Days on Market15

Property Features for 427 9th St

General Information

Standard status Pending
Size 3,123 SF
Property subtype Residential Income

Property Condition

Severity Minor
Evidence allowing immediate access for renovation

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $2,073
Listing Agency: eXp Realty
Listed By: LaChelle Morden
Source: Exprealty
Added: Aug 6 Changed: Aug 20 Last Checked: Aug 20 at 1:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This vacant duplex contains two residential units, each measuring 1,041 square feet with three bedrooms and one full bathroom. Both units have separate gas and electric meters, individual electrical panels, and currently active utilities. Appliances convey with the property, while a large attic and basement provide additional space. The basement also includes replacement doors intended for the building.

Recent property improvements include a furnace and water heater installed in 2022, along with a new gas meter serving the lower unit in 2026. The building was previously operated as a rental duplex, with tenancy ending in June. The property is being sold as-is. Existing code violations remain, and the buyer is responsible for confirming their status with the applicable municipality; certain cited items have been completed but await documentation or re-inspection. The property is located near a renovated hospital.

Key Highlights

  • Two‑unit duplex with 1,041‑square‑foot units
  • Each unit includes 3 bedrooms and 1 full bath
  • Separate gas and electric meters with individual electrical panels

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Florist Storage Facility

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,356
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units include individual meters, electrical panels, and appliances that remain with the property.
Where is this duplex located?
The property is located at 427 9th St Rockford, IL.
What is the asking price?
The asking price for this property is $124,999.
What are key features of this property?
This property features: Two‑unit duplex with 1,041‑square‑foot units; Each unit includes 3 bedrooms and 1 full bath; Separate gas and electric meters with individual electrical panels
More about this property
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