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    Ranch Duplex Investment Property Title is generated by Realmo AI

    4610 Yale Drive, Rockford, IL 61109

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    Claim this Listing
    New
    For Sale
    $220,000

    MULTI_FAMILY - ROCKFORD, IL

    Property size:
    1,740 SF
    Price / SF:
    $126/SF
    Added:
    Jun 19, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 21 at 5:06 am

    Property Features for 4610 Yale Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
    Parking
    4
    Appliances
    Refrigerator, Stove/Cooktop
    Standard status
    Active
    APN
    1605178001
    Size
    1,740 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Per title review
    Tax Annual Amount
    4421

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle

    We can help!

    Listing Contact
    Ken Redeker

    Listing agent Ken Redeker License #471012969

    Listing office Keller Williams Realty Signature 4201 Galleria Dr., Loves Park, IL

    Listing date Jun 19, 2026

    MLS# 202603651 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.

    HighLights

    • Ranch‑style duplex with separate basement areas for each side
    • Each unit has 2 bedrooms and 1 bathroom (per similar unit layout)
    • Natural gas forced‑air heating with central air cooling
    • Appliances include refrigerator and stove/cooktop
    • Shingle roof; built in 1974

    Overview

    This ranch-style duplex offers two similar units, each configured with 2 bedrooms and 1 bathroom. Each unit includes its own separate basement area. Utilities are separate and are covered by the tenants, supporting straightforward operating management.

    The property is located at 4610 Yale Drive in Rockford, Illinois (61109). It is presented as a residential income property for buyers seeking a duplex structure with independent utility responsibilities.

    For tenants or owners looking for a simple two-unit setup, the layout provides matching unit types while maintaining separation through individual basement areas. The fact that utilities are tenant-covered can help reduce owner involvement in day-to-day utility coordination. As a for-sale duplex, it may suit buyers who want a modest, organized residential income format with parallel unit design.

    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 $16.9k $9.72
    − Vacancy −$643 −$0.37
    EGI $16.3k $9.35
    − OpEx −$4.9k −$2.81
    NOI $11.4k $6.55
    1,740 SF · lease $9.72/SF/yr · vacancy 3.80% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $162.7K
    $142.4K – $189.8K (±1% cap)
    NOI $11,389 @ 7.0% cap · market cap 5.18%
    Second Best
    Apartment 5plus
    $141.7K
    $124.0K – $165.4K (±1% cap)
    NOI $9,922 @ 7.0% cap · market cap 4.51%
    Theoretical Best
    Office A
    $462.8K
    $405.0K – $540.0K (±1% cap)
    NOI $32,397 @ 7.0% cap · market cap 14.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.030984
    Latitude
    42.233176

    FAQs

    What type of property is this?
    Duplex - Ranch-style duplex with two similar 2-bedroom, 1-bath units and separate basements.
    Where is this duplex located?
    The property is located at 4610 Yale Drive Rockford, IL.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Ranch‑style duplex with separate basement areas for each side; Each unit has 2 bedrooms and 1 bathroom (per similar unit layout); Natural gas forced‑air heating with central air cooling
    More about this property
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