Brick Duplex with Attached
For Sale
$215,000
Pending
905 18th St, Rockford, IL 61104
Two-bedroom units feature hardwood floors, basements, laundry, storage, and private outdoor space.
Property Size3,102 SF
Days on Market14
Property Features for 905 18th St
General Information
Standard status
Pending
Size
3,102 SF
Property subtype
Residential Income
Amenities
attached garage parking
enclosed porch
basement with laundry
side patio
Building Details
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Baird & Warner Far Northwest Suburban
(815) 909-6687
Listed By:
Larry Naselli
(815) 909-6687
Source:
Exprealty
Added: Jul 23
Changed: Jul 31
Last Checked: Jul 31 at 2:43PM
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 Baird & Warner Far Northwest Suburban
Investment Insights
Based on property information with market context.
This 3,102-square-foot brick duplex in Rockford includes two residential units, each with 2 bedrooms, 1 full bathroom, hardwood floors, a generously sized kitchen, attached garage parking, a basement, laundry, and storage space. The first-floor unit also includes an enclosed porch, while the second-floor primary bedroom features double closets. Secure interior staircases at both the front and back of the building provide access to the units and attached garage parking. A side patio enclosed by a privacy fence adds private outdoor space.
The upper unit is ready for immediate occupancy, and the lower unit will be vacant NLT 8/15/2026. The property is offered AS-IS, with square footage, rent rates, and expenses identified as good-faith estimates requiring buyer due diligence.
The upper unit is ready for immediate occupancy, and the lower unit will be vacant NLT 8/15/2026. The property is offered AS-IS, with square footage, rent rates, and expenses identified as good-faith estimates requiring buyer due diligence.
Key Highlights
- 3,102‑square‑foot brick duplex at 905 18th St, Rockford, IL
- Two units, each with 2 bedrooms and 1 full bathroom
- Attached garage parking, basement laundry, and storage for each unit
Financial Insights For Apartment 5plus
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 | $33.5k | $10.80 |
| − Vacancy | −$1.3k | −$0.43 |
| EGI | $32.2k | $10.37 |
| − OpEx | −$14.5k | −$4.67 |
| NOI | $17.7k | $5.70 |
3,102 SF · lease $10.80/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$290.1K
$253.8K – $338.4K
NOI $20,304 @ 7.0% cap · market cap 9.44%
Second Best
Apartment 5plus
$252.7K
$221.1K – $294.8K
NOI $17,689 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$825.1K
$722.0K – $962.6K
NOI $57,757 @ 7.0% cap · market cap 26.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,030
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units feature hardwood floors, basements, laundry, storage, and private outdoor space.
Where is this duplex located?
The property is located at 905 18th St Rockford, IL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 3,102‑square‑foot brick duplex at 905 18th St, Rockford, IL; Two units, each with 2 bedrooms and 1 full bathroom; Attached garage parking, basement laundry, and storage for each unit
