927-929 HALSTED Road Rockford, IL 61103
MULTI_FAMILY - ROCKFORD, IL
- Added:
- Jul 13, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 13 at 9:06 pm
Property Features for 927-929 HALSTED Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bathroom 2
- Parking
- 6
- Appliances
- Dryer, Microwave, Stove/Cooktop, Oven, Washer
- Standard status
- Pending
- APN
- 1101354011
- Size
- 960 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ROSENQUIST SCHABACKER RIV BLUFF SUB BNG SUB PT SW 1/4 SEC 1 NW 1/4 SEC 12-44-1 LOT 051
- Tax Annual Amount
- 2804
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing agent Rebecca Thalhofer License #475137592 (815) 621-7225
Listing office DICKERSON & NIEMAN 6277 E RIVERSIDE, Rockford, IL (815) 227-5900
Listing date Jul 13, 2026
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.
The property is located on a corner lot at 927-929 Halsted Road in Rockford, Illinois (61103), described as being in a convenient area near North Second.
The existing layout supports straightforward residential rental use with both units sharing the basement space.
Key Highlights
- Two 1‑bedroom, 1‑bath units on a corner lot
- Full shared basement
- Appliances included: washer, dryer, microwave, stove/cooktop, and oven
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 | $9.3k | $9.72 |
| − Vacancy | −$355 | −$0.37 |
| EGI | $9.0k | $9.35 |
| − OpEx | −$2.7k | −$2.81 |
| NOI | $6.3k | $6.55 |
