Renovated Duplex: Investment
For Sale
Contact for pricing
713 S 4th Street, Rockford, IL 61104
Fully renovated duplex with new systems, ideal for investors.
Property SizeContact for details
Days on Market191
Property Features for 713 S 4th Street
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R3
Building Details
Year Built
1900
Listing Agency:
Berkshire Hathaway HomeServices Starck Real Estate
Listed By:
Carolyn Zasada · License #IL
Source:
Crexi
Added: Feb 11
Changed: Aug 8
Last Checked: Aug 8 at 6:39AM
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 Berkshire Hathaway HomeServices Starck Real Estate
Investment Insights
Based on property information with market context.
This fully renovated two-flat property presents an investment or multi-generational living opportunity. The building features entirely new electrical, plumbing, HVAC systems, and ductwork, all installed in 2023. Unit 1 includes three bedrooms and two bathrooms, while Unit 2 offers four bedrooms and two bathrooms. Each primary suite is equipped with its own private full bathroom. The property has new walls, floors, lights, and doors throughout. Additional updates include new gutters, downspouts, fresh paint, and new appliances. Previously utilized as an Airbnb, the units have rental incomes of $1600 and $1700. The upstairs unit is currently vacant. Tenants are responsible for electric and gas utilities. The property is located one mile from Swedish American Hospital and a nine-minute drive to Mercy Health Hospital. It is within walking distance of the newly built Constance Lane Elementary School and directly across the street from a park district golf area for children. Situated on the banks of the Rock River, the location provides access to amenities such as the Burpee Natural History Museum, Tinker Swiss Cottage, Rockford Art Museum, and the Discovery Center. Rockford Park District's trails and paths, the Nicholas Conservatory & Gardens, the Sinnissippi Gardens, Anderson Japanese Garden, and Klehm Arboretum & Botanical Gardens are also nearby.
Key Highlights
- Fully renovated in 2023 with new electrical, plumbing, HVAC, ductwork, walls, floors, lights, and doors.
- Two units: one 3‑bed/2‑bath and one 4‑bed/2‑bath, each with a private primary suite full bath.
- Income‑generating property with potential for $1600 and $1700 monthly rent per unit (previous Airbnb).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated duplex with new systems, ideal for investors.
Where is this duplex located?
The property is located at 713 S 4th Street Rockford, IL.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Fully renovated in 2023 with new electrical, plumbing, HVAC, ductwork, walls, floors, lights, and doors.; Two units: one 3‑bed/2‑bath and one 4‑bed/2‑bath, each with a private primary suite full bath.; Income‑generating property with potential for $1600 and $1700 monthly rent per unit (previous Airbnb).
