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    Rockford, IL Multifamily Properties for Sale

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    Loves Park, IL Winnebago, IL Rockton, IL
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    Spacious Duplex in Rockford, IL
    Updated: Apr 29
    Spacious Duplex in Rockford, IL

    1234 West Street, Rockford, IL 61102

    $120,000
    1,635 sqft
    Spacious 2‑story duplex with 2 units, each featuring 2 bedrooms
    Each unit includes an eat‑in kitchen with functional layouts
    Natural gas heating with central air cooling
    HVAC system was recently updated by the seller
    Washer and dryer hookups available (units not included)
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    This listing looks promising.

    Here's a quick look at some key insights for

    1234 West Street, ROCKFORD, IL 61102

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $11K
      Annual

    • Price @ 7% Cap

      $153K
      Above asking

    • Property Type

      Duplex
      Built 1900
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    Well-Maintained Four-Unit Apartment Building
    Updated: Jul 2
    Well-Maintained Four-Unit Apartment Building

    820 Cottage Grove Avenue, Rockford, IL 61103

    $460,000
    3,690 sqft
    Four‑unit property where each apartment has 2 bedrooms, 1 full bath, a living room, and an eat‑in kitchen
    Stove/cooktop and refrigerator are included in the units; some units offer in‑unit laundry hookups
    Forced air heating with natural gas and central air cooling in the units
    Detached four‑car garage for parking and storage, plus a full basement with additional usable space
    Year built: 1956; three units currently leased
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    Updated Three-Unit Investment Property
    Updated Three-Unit Investment Property

    712 N Court Street, Rockford, IL 61103

    $300,000
    2,980 sqft

    Fully renovated 3-unit triplex with major systems and interior upgrades, positioned across from the Discovery Center Museum.

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    Turn-Key Duplex with Two 3-Bed Units
    Turn-Key Duplex with Two 3-Bed Units

    434 16th Avenue, Rockford, IL 61104

    $215,000
    2,870 sqft

    Turn-key duplex offering two 3-bedroom, 1-bath units, hardwood floors, updated baths, basement, fenced yard, and 2-car garage.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    928 8th Avenue, Rockford, IL 61104

    $125,000
    1,788 sqft

    Fully occupied two-unit building with consistent 2-bedroom layouts and separate gas and electric responsibility.

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    Rockford Duplex in Churchill Grove
    Rockford Duplex in Churchill Grove

    1206 Harlem Boulevard, Rockford, IL 61103

    $240,000
    3,068 sqft

    All-brick duplex in historic Churchill Grove neighborhood with over 3,000sqft.

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    Fully Rented Multifamily Property
    Fully Rented Multifamily Property

    1819 Logan Street, Rockford, IL 61103

    $345,000
    3,567 sqft

    All brick 4-unit property with strong rental history in Rockford.

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    Two-Unit Duplex with Deck
    Two-Unit Duplex with Deck

    2217 LATHAM Street, Rockford, IL 61103

    $148,900
    1,599 sqft

    Duplex with two separate units, updated windows, off-street parking, and included appliances for straightforward tenant setup.

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    Mixed-Use Building with Off-Street Parking
    Mixed-Use Building with Off-Street Parking

    3304 W State Street, Rockford, IL 61102

    $242,500
    0.13 AC lot

    Two residential units with a commercial storefront and off-street parking support flexible live/work or rental income use.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    2910 Chatham Ln., Rockford, IL 61101

    $237,000
    3,750 sqft

    Three well-maintained units offer varied bedroom and bath layouts, with updates including flooring, windows, and roof.

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    Move-In Ready Duplex
    Move-In Ready Duplex

    1341 CHARLES Street, Rockford, IL 61104

    $150,000
    2,660 sqft

    Two-bedroom, one-bath duplex with laundry hookups in the basement and separate heating systems for each unit.

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    Downtown Rockford Mixed-Use Investment
    Downtown Rockford Mixed-Use Investment

    308-310 E State Street, Rockford, IL 61104

    $395,000
    4,200 sqft

    Mixed-use building with commercial tenant and residential upside.

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    Well-Maintained Rockford Multifamily Property
    Well-Maintained Rockford Multifamily Property

    424 Washington Street, Rockford, IL 61104

    $190,000
    3,056 sqft

    Two-story duplex with spacious units and detached two-car garage.

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    Two-Unit Multifamily Property
    Two-Unit Multifamily Property

    1631 8th Avenue, Rockford, IL 61104

    $165,000
    2,034 sqft

    Two rented units with 2 bedrooms each, plus solar panels and owner-paid utilities (water, sewer, electric).

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    Up-and-Down Duplex
    Up-and-Down Duplex

    2108 20th Avenue, Rockford, IL 61104

    $150,000
    1,945 sqft

    An up-and-down duplex with separate utilities, updated interiors, and a detached 2-car garage.

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    Rockford Multifamily Property For Sale
    Rockford Multifamily Property For Sale

    904 17th Avenue, Rockford, IL 61104

    $220,000
    5,880 sqft

    Four-unit residential building with garage and fenced yard in Rockford.

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    Turnkey Furnished Rental Portfolio
    Turnkey Furnished Rental Portfolio

    712 Seminary Street, Rockford, IL 61104

    $320,000
    2,450 sqft

    Fully occupied 6-unit rental property with proven income.

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    Turnkey Furnished Rental Portfolio
    Turnkey Furnished Rental Portfolio

    722 Seminary Street, Rockford, IL 61104

    $320,000
    2,380 sqft

    Fully occupied 6-unit rental property with proven income.

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    Turnkey Furnished Rental Portfolio
    Turnkey Furnished Rental Portfolio

    718 Seminary Street, Rockford, IL 61104

    $320,000
    2,450 sqft

    Fully occupied 6-unit rental property with proven income.

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    Rockford Multifamily Investment Opportunity
    Rockford Multifamily Investment Opportunity

    3420 Harrison Ave, Rockford, IL 61108

    $699,000
    6,200 sqft

    Five-unit property in Rockford with immediate cash flow.

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    Ranch-Style Duplex
    Ranch-Style Duplex

    3786-3788 Sage Drive, Rockford, IL 61114

    $365,000
    3,544 sqft

    Two rented ranch units, each with two bedrooms, two baths, a two-car garage, and partially finished basements.

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    Rockford Multifamily Investment Opportunity
    Rockford Multifamily Investment Opportunity

    1401 20th Street, Rockford, IL 61108

    $185,000
    2,566 sqft

    Spacious two-unit property with recent roof, tenant occupied.

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    Ranch Duplex Investment Property
    Ranch Duplex Investment Property

    4610 Yale Drive, Rockford, IL 61109

    $220,000
    1,740 sqft

    Ranch-style duplex with two similar 2-bedroom, 1-bath units and separate basements.

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    Spacious Duplex in Rockford, IL
    Spacious Duplex in Rockford, IL

    1012 N Court Street, Rockford, IL 61103

    $110,000
    2,422 sqft

    2-unit property near Sinnissippi Park with investment potential.

    View details

    Rockford, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Rockford, IL, showcased through 50 active listings on our real estate platform. These investment opportunities span a total of 178,754 square feet of properties for sale, with an estimated market value of $12,433,300.

    Sale prices for multifamily properties in Rockford, IL start at $75,000, averaging $303,251, and reaching up to $1,675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 28
    Apartment buildings 9
    Quadplexes 6
    Short term rental properties 3
    Triplexes 2

    Demographics Overview

    Population 201K
    Population Growth (5Y) +5.5%
    Median Household Income $59,464
    College Educated 18.5%

    High-Yield Neighborhoods for Investment

    Identify Rockford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61107 $150K
    61104 $194.3K
    61109 $220K
    61101 $237K
    61103 $287K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Winnebago County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Winnebago County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Rockford fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Rockford, IL

    • 61104
    • 61103
    • 61108
    • 61102
    • 61101
    • 61107
    • 61109
    • 61114

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