434 16th Avenue, Rockford, IL 61104
- Added:
- Jun 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 9 at 4:06 am
Property Features for 434 16th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 6
- Parking
- 2
- Standard status
- Active
- APN
- 1135105018
- Size
- 2,870 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- DIST:16 SEC/TWN/RNG/MER:SEC 35 TWN 44 RNG 01 ROCKFORD LAWN SUBD OF PT NW 1/4 SEC 35-44-1 LOT 011 BLOCK 001
- Tax Annual Amount
- 2148
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1923
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing agent Fidel Batres License #475133262 (815) 290-0333
Listing office Keller Williams Realty Signature 4201 Galleria Dr., Loves Park, IL (815) 315-1111
Listing date Jun 8, 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
- Turn‑key duplex in Rockford with two 3‑bedroom, 1‑bath units
- Built in 1923 with forced air heating and central air conditioning
- Hardwood floors throughout
- Updated bathrooms and freshly painted kitchens
- Full basement plus fenced backyard, storage shed, and 2‑car garage
- Roof is shingle
Overview
Located in Rockford, this property is described as conveniently positioned near schools and dining, along with other everyday amenities. The overall setup supports a straightforward owner-occupant or rental model with two complete residential units under one roof.
For buyers seeking manageable multifamily ownership, the combination of two similar-sized units, updated interior elements, and on-site storage and parking is tailored for day-to-day usability. It also suits investors looking to add a duplex to their portfolio, with the property being marketed as well-maintained and ready for occupancy.
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 | $27.9k | $9.72 |
| − Vacancy | −$1.1k | −$0.37 |
| EGI | $26.8k | $9.35 |
| − OpEx | −$8.1k | −$2.81 |
| NOI | $18.8k | $6.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.091289
- Latitude
- 42.250098
