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Four-Unit Residential Apartment Building
For Sale
$220,000
Pending

904 17th Avenue, Rockford, IL 61104

Corner four-unit residential building with a fenced yard and two-car garage; all units are currently occupied.

Property Size5,880 SF
Days on Market176

Property Features for 904 17th Avenue

General Information

Standard status Pending
Size 5,880 SF
Total Parking Spaces 6
Property subtype Two to Four Units / 4 Flat
Zoning MULTI
Occupancy 100%

Additional Details

Fenced Yard Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,145

Amenities

fenced yard

Building Details

Year Built 1920
Listing Agency: Keller Williams Realty Signature
Listed By: Leann Sackett · License #475126662
Source: Compass
Added: Mar 22 Changed: Aug 8 Last Checked: Sep 13 at 11:33AM

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 Keller Williams Realty Signature

Investment Insights

Based on property information with market context.

This corner property features a four-unit residential apartment building with a fenced yard and a two-car garage. All apartment units are currently occupied. The basement includes four utility rooms, and each unit has its own gas furnace and gas water heater, along with an electric circuit breaker box.

Tenants pay their own natural gas and electric bills, while the owner pays water, garbage removal, and sewer fees. Two separate parcels are included in the sale, which is offered as-is.

Key Highlights

  • Corner 4‑unit residential apartment building with all units currently occupied
  • Two‑car garage plus fenced yard
  • Basement is full and includes 4 utility rooms, each with a gas furnace, gas water heater, and electric circuit breaker box

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

4
Residential units
100%
Occupancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

628
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Corner four-unit residential building with a fenced yard and two-car garage; all units are currently occupied.
Where is this quadplex located?
The property is located at 904 17th Avenue 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: Corner 4‑unit residential apartment building with all units currently occupied; Two‑car garage plus fenced yard; Basement is full and includes 4 utility rooms, each with a gas furnace, gas water heater, and electric circuit breaker box
More about this property
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