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606 S 6th Street, Rockford, IL, 61104
Brick Two-Unit Residential Income

606 S 6th Street Rockford, IL 61104

New
For Sale
$165,000

MULTI_FAMILY - ROCKFORD, IL

Property Size1,776 SF
Price / SF$92.91
Days on Market3

Property Features for 606 S 6th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 2, Basement, Bedroom 2, Bathroom 1
Parking
2
Appliances
Refrigerator, Stove/Cooktop
Standard status
Active
APN
1126282002
Size
1,776 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
GREGORYS ADDN S 33 FT OF W 110 FT LOT 009 BLOCK 023
Tax Annual Amount
1805

Utilities

Heating system
Forced Air

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Roof type
Shingle
Listing Agency: Keller Williams Realty Signature
Listed By: Olga Kampmeier · License #475166479
Added: Jul 22 Changed: Jul 23 Last Checked: Jul 24 at 5:06PM
MLS# 202604513

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.

Solid brick two-unit residential income property featuring a vacant 3-bedroom, 1-bath lower unit and a 2-bedroom, 1-bath upper unit. The home includes hardwood floors, a private backyard, and a spacious basement, with large windows designed to bring in natural light. Utilities are separate for each unit.

The lower unit is currently vacant and described as move-in ready. Updates noted in the remarks include a newer roof, chimney, windows, and a 100 amp electrical service.

For layout and tenant-ready appeal, the property offers two distinct living spaces with separate utility service, plus shared building features including the basement and backyard area.

Key Highlights

  • Solid brick 2‑unit building with a vacant lower unit and occupied upstairs unit
  • Lower unit: 3‑bedroom, 1‑bath and vacant/move‑in ready
  • Upper unit: 2‑bedroom, 1‑bath

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 $17.3k $9.72
− Vacancy −$656 −$0.37
EGI $16.6k $9.35
− OpEx −$5.0k −$2.81
NOI $11.6k $6.55
1,776 SF · lease $9.72/SF/yr · vacancy 3.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$166.1K
$145.3K – $193.8K (±1% cap)
NOI $11,625 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$144.7K
$126.6K – $168.8K (±1% cap)
NOI $10,127 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$472.4K
$413.4K – $551.1K (±1% cap)
NOI $33,068 @ 7.0% cap · market cap 20.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture Storage Facility Catering Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Nursing Home

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

FAQs

What type of property is this?
Duplex - Solid brick two-unit building with separate utilities, hardwood floors, a private backyard, and a spacious basement.
Where is this duplex located?
The property is located at 606 S 6th Street Rockford, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Solid brick 2‑unit building with a vacant lower unit and occupied upstairs unit; Lower unit: 3‑bedroom, 1‑bath and vacant/move‑in ready; Upper unit: 2‑bedroom, 1‑bath
More about this property
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