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Duplex with Separate Utilities
For Sale
$124,999
Pending

427 9th Street, Rockford, IL 61104

MULTIFAMILY, ROCKFORD, IL

Property Size3,123 SF
Days on Market52

Property Features for 427 9th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description R2
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Basement, Bedroom 2, Bedroom 4
Appliances Refrigerator, Stove/Cooktop, Oven
Elementary school C Henry Bloom Elementary
Middle school Abraham Lincoln Middle
High school Rockford East High
Elementary school district Rockford 205
Middle school district Rockford 205
High school district Rockford 205
Subdivision Winnebago County
Standard status Pending
APN 1126278021
Size 3,123 SF

Taxes and HOA fees

Tax Year 2025
Tax Description Gregorys Addn S 65 FT LOT 014 BLOCK 032
Tax Annual Amount 2073
Legal Description Gregorys Addn S 65 FT LOT 014 BLOCK 032

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1910
Floors in Building 3
Number of units 2
Roof type Shingle
Listing Agency: eXp Realty
Listed By: LaChelle Morden
Added: Aug 6 Changed: Sep 24 Last Checked: Sep 26 at 12:06AM
MLS# 202604899

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 3,123-square-foot duplex contains two units, each with 1,041 square feet, three bedrooms, and one full bathroom. The property is vacant and is being sold AS-IS. Each unit has separate gas and electric meters along with its own electrical panel. Existing appliances include refrigerators, stove/cooktops, and ovens. Heating is provided by forced air, while both units have central air. Improvements include a furnace and water heater installed in 2022, plus a new gas meter serving the lower unit in 2026.

The property is located near a recently renovated hospital. All utilities are currently on. A basement and large attic provide additional building space, and replacement doors for the entire building are included among the personal property conveying with the sale. Existing code violations remain; some cited items have been completed but await municipal documentation or re-inspection. The buyer is responsible for confirming violation status with the applicable municipality.

Key Highlights

  • Two‑unit duplex with 3,123 square feet total
  • Each unit offers 1,041 square feet, 3 bedrooms, and 1 full bathroom
  • Separate gas and electric meters and electrical panels for each unit

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Vacant two-unit property with individual gas and electric metering, on-site appliances, and forced-air heating.
Where is this duplex located?
The property is located at 427 9th Street 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 3,123 square feet total; Each unit offers 1,041 square feet, 3 bedrooms, and 1 full bathroom; Separate gas and electric meters and electrical panels for each unit
More about this property
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