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    Rockford, IL
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    Rockford, IL Multifamily Properties for Sale

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    68 properties
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    5-Unit Townhouse-Style Apartment Building
    Updated: Aug 25
    5-Unit Townhouse-Style Apartment Building

    2311 23rd Street, Rockford, IL 61108

    $625,000
    6,400 sqft
    5‑unit apartment property with 6,400 square feet
    Each unit offers 3 bedrooms and 1.5 bathrooms
    Private basement with laundry hookups in every unit
    Fenced patio areas and onsite parking
    2 units currently vacant
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    Duplex with Detached Garage
    Updated: Oct 4
    Duplex with Detached Garage

    1011 15th Avenue, Rockford, IL 61104

    $183,500
    2,756 sqft
    Two‑unit brick duplex with 2,756 square feet total
    Approximately 1,378 square feet per residence; each unit has 2 bedrooms
    Detached 2‑car garage and fenced concrete patio
    Separate utilities and individual washers and dryers; basement areas are shared
    Full attic with updated foam insulation and flooring
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    Renovated Duplex with Central Air
    Renovated Duplex with Central Air

    1619 Charles Street, Rockford, IL 61104

    $199,900
    2,916 sqft

    Two residential units offer multi-level layouts, seven bedrooms, on-site parking, and access to nearby transit and services.

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    See hot listings in Rockford

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    10-Unit Brick Apartment Building
    10-Unit Brick Apartment Building

    1226 17th Ave, Rockford, IL 61104

    $950,000
    9,636 sqft

    Unit updates, basement storage, coin laundry, new paving, and perimeter fencing support day-to-day operations.

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    Mixed-Use Building with Salon Space
    Mixed-Use Building with Salon Space

    115 Fairview Avenue, Rockford, IL 61108

    $214,900
    1,639 sqft

    Permitted salon area and a two-bedroom apartment support combined work and residential use.

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    Six-Bedroom Duplex
    Six-Bedroom Duplex

    1317 S 6th Street, Rockford, IL 61104

    $165,000
    2,352 sqft

    Two separate residences each provide a full bathroom and a three-bedroom layout.

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    10-Unit Brick Apartment Building
    10-Unit Brick Apartment Building

    1226 17th Avenue, Rockford, IL 61104

    $950,000
    9,636 sqft

    Eight two-bedroom and two three-bedroom residences feature basement storage, coin laundry, and recent property improvements.

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    Mixed-Use Building with Live-Work Loft
    Mixed-Use Building with Live-Work Loft

    510 E State Street, Rockford, IL 61104

    $685,000
    7,822 sqft

    Street-level commercial space is paired with two short-term rental apartments and an additional loft.

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    Vacant 2-Unit Duplex with Garage
    Vacant 2-Unit Duplex with Garage

    1414 16th Avenue, Rockford, IL 61104

    $149,000
    1,590 sqft

    Up-and-down duplex with separate utilities, individual furnaces, and a detached garage providing additional storage or parking capacity.

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    Duplex With Detached Garage
    Duplex With Detached Garage

    1003 7th Street, Rockford, IL 61104

    $135,000
    1,598 sqft

    Separate apartments feature three bedrooms on the main level and two bedrooms upstairs.

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    5-Unit Townhouse-Style Apartment Building
    5-Unit Townhouse-Style Apartment Building

    2311 23rd St, Rockford, IL 61108

    $625,000
    6,400 sqft

    Well-maintained multifamily property with private basements, patios, laundry hookups, and onsite parking.

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    Riverfront Duplex
    Riverfront Duplex

    12730 VENTURA Boulevard, Machesney Park, IL 61115

    $260,000
    1,288 sqft

    Two-unit ranch property with one rented unit and a second unit available for leasing.

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    Duplex with Basement Storage
    Duplex with Basement Storage

    2217 LATHAM Street, Rockford, IL 61103

    $134,900
    1,599 sqft

    Two residential units feature distinct bedroom layouts, included appliances, and individual furnaces.

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    Single-Story Multifamily Building
    Single-Story Multifamily Building

    310 Arnold Avenue, Rockford, IL 61108

    $690,476
    19,000 sqft 1.38 AC lot

    Single-story multifamily property with a sizable surrounding parcel.

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    3-Unit Triplex
    3-Unit Triplex

    1009 7th Street, Rockford, IL 61104

    $165,000
    2,792 sqft

    Separate gas and electric service is provided to each unit.

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    Renovated Duplex with Rear Decks
    Renovated Duplex with Rear Decks

    1035 Crosby Street, Rockford, IL 61107

    $239,900
    0.03 AC lot

    Updated two-unit residence with private decks, modern kitchens, and refreshed building systems.

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    Remodeled Brick Duplex
    Remodeled Brick Duplex

    2304 17th Avenue, Rockford, IL 61104

    $188,500
    2,000 sqft

    Two residential units feature updated kitchens and baths, storage areas, and off-street parking.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    909-911 Ridge Avenue, Rockford, IL 61103

    $285,000
    3,350 sqft

    Six occupied units provide a mix of studios, one-bedroom, and two-bedroom residences, with street parking and bus-line access.

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    Riverfront Duplex
    Riverfront Duplex

    12730 Ventura Blvd, Machesney Park, IL 61115

    $260,000
    1,288 sqft

    One residence is occupied by a tenant, while the other is vacant and features an updated kitchen.

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    Duplex with Separate Mechanical Systems
    Duplex with Separate Mechanical Systems

    1117 12th Avenue, Rockford, IL 61104

    $110,000
    1,876 sqft

    Each residence has two bedrooms, one full bathroom, and its own furnace and water heater.

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    Vacant Two-Unit Duplex
    Vacant Two-Unit Duplex

    1414 16th Ave, Rockford, IL 61104

    $149,000
    1,590 sqft

    Up/down layout with separate utilities, individual furnaces, and a detached garage.

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    Updated Duplex with Garage
    Updated Duplex with Garage

    1211 4th Avenue, Rockford, IL 61104

    $189,900
    1,976 sqft

    Vacant two-unit property with refreshed interiors, basement storage, attic access, and a four-car garage.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    909-911 Ridge Ave, Rockford, IL 61103

    $285,000
    3,350 sqft

    Fully occupied apartment property with studio, one-bedroom, and two-bedroom residences.

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    Renovated Three-Unit Triplex
    Renovated Three-Unit Triplex

    712 N Court Street, Rockford, IL 61103

    $289,900
    2,980 sqft

    Updated multifamily building with modernized building systems, kitchens, bathrooms, and interior finishes.

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    Rockford, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Rockford, IL, showcased through 68 active listings on our real estate platform. These investment opportunities span a total of 255,656 square feet of properties for sale, with an estimated market value of $16,889,174.

    Sale prices for multifamily properties in Rockford, IL start at $90,000, averaging $268,082, and reaching up to $950,000 — 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 44
    Quadplexes 10
    Apartment buildings 8
    Triplexes 6
    Short term rental properties 1

    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
    61114 $150K
    61109 $158K
    61102 $160.5K
    61107 $205.3K
    61104 $233.4K

    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 Residential Income pricing trends 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
    • 61107
    • 61101
    • 61108
    • 61102
    • 61115
    • 61109
    • 61114

    Featured Rockford Real Estate Agencies

    Realmo connects you with licensed Rockford CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Dickerson & Nieman
    6277 E. Riverside Blvd. Rockford, IL 61114
    Phone: 18153816804
    dickersonnieman.com
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