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    Winnebago County, IL Multifamily Properties for Sale

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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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    Remodeled Duplex with Studio Garage
    Updated: Jul 6
    Remodeled Duplex with Studio Garage

    135 S 8th Street, South Beloit, IL 61080

    $209,900
    1,617 sqft
    Remodeled duplex built in 1925 with permitted updates, minutes from downtown Beloit
    Main‑floor unit: 2 bedrooms/1 bathroom plus spacious living room and large family room with stone fireplace
    Main‑floor primary bedroom includes a walk‑in closet; kitchen includes oven, refrigerator, and dishwasher
    Attached 2‑car garage converted to a studio with sliding patio doors; can be converted back to a garage
    Upstairs unit is a remodeled 1‑bedroom with updated finishes
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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    820 Cottage Grove Avenue, Rockford, IL 61103

    $460,000
    3,690 sqft

    Well-maintained four-unit building with 2-bedroom apartments, in-unit laundry for two units, and a detached four-car garage.

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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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    Waterfront Building Ready for Development
    Waterfront Building Ready for Development

    222 North Water Street, Rockford, IL

    $1,675,000
    48,600 sqft 1.27 AC lot

    48,600 SF building with waterfront access and redevelopment potential.

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

    2217 LATHAM Street, Rockford, IL 61103

    $139,000
    1,599 sqft

    Two-unit residential building offers separate furnaces, off-street parking, updated windows, and a full basement for storage.

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    Duplex on One Parcel
    Duplex on One Parcel

    3820-3824 Sandy Hollow Road, Rockford, IL 61109

    $250,000
    1,080 sqft

    Two residences are sold together on one parcel, with one recently remodeled home and a second unit ready for updates.

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    Updated 8-Unit Apartment Building
    Updated 8-Unit Apartment Building

    113 NEWMAN Street, Durand, IL 61024

    $599,990
    6,304 sqft

    Recently updated 8-unit apartment building in Durand, Illinois.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1212 South 5th Street, Rockford, IL 61104

    $174,900
    1,954 sqft

    Two updated units with recent exterior and sewer improvements, plus outdoor space and two driveway access points.

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    Brick Duplex with 4-Car Garage
    Brick Duplex with 4-Car Garage

    1645 7TH Avenue, Rockford, IL 61104

    $110,000
    2,576 sqft

    Brick duplex offers two 2-bedroom units with shared layout features and rear 4-car garage, but needs work.

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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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    Mixed-Use Waterfront Development Building
    Mixed-Use Waterfront Development Building

    220 North Water Street, Rockford, IL 61107

    $1,675,000
    20,978 sqft

    Large waterfront building with 132 feet of Rock River shoreline and recent exterior upgrades, ready for redevelopment.

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    Corner Four-Unit Apartment Building
    Corner Four-Unit Apartment Building

    904 17th Avenue, Rockford, IL 61104

    $220,000
    5,880 sqft

    Corner four-unit building with a two-car garage, fenced yard, and separate parcels sold as-is.

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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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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    900 Blackhawk Boulevard, South Beloit, IL 61080

    $310,000
    1,864 sqft

    Multi-parcel property combines a retail building, a two-family residence, and adjacent parking for flexible ownership.

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    Residential Income Apartment Building
    Residential Income Apartment Building

    5430 Dale Avenue, Loves Park, IL 61111

    $700,000
    6,000 sqft

    Apartment building for sale in Loves Park with similar unit layouts and a split living-area configuration.

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    Income-Producing Four-Unit Multifamily Property
    Income-Producing Four-Unit Multifamily Property

    1235 South Court Street, Rockford, IL 61102

    $229,900
    3,744 sqft

    Four units, each with two bedrooms and one bathroom.

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    Rockford Multifamily Property For Sale
    Rockford Multifamily Property For Sale

    1511 8th Avenue, Rockford, IL 61104

    $200,000
    2,350 sqft

    Multifamily property in Rockford, Illinois, with tenant-paid utilities.

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    Five-Unit Multifamily Property in Rockford
    Five-Unit Multifamily Property in Rockford

    3420 Harrison Ave, Rockford, IL 61108

    $699,000
    6,600 sqft

    Fully occupied five-unit residential property with immediate cash flow.

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    Rockford Multifamily Property For Sale
    Rockford Multifamily Property For Sale

    2234 11th Avenue, Rockford, IL 61104

    $200,000
    2,622 sqft

    Multifamily property with separate utilities and shared two-car garage.

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    Rockford Duplex Investment Opportunity
    Rockford Duplex Investment Opportunity

    1415 5th Avenue, Rockford, IL 61104

    $119,900
    1,782 sqft

    Duplex in Rockford, IL with income potential.

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    Brick Duplex With Rear Decks
    Brick Duplex With Rear Decks

    830 10TH Avenue, Rockford, IL 61104

    $90,000
    2,430 sqft

    Brick duplex with two units, hardwood floors, newer vinyl windows, and a rear deck overlooking the yard.

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    Fully Occupied Two-Unit Income Duplex
    Fully Occupied Two-Unit Income Duplex

    928 8th Avenue, Rockford, IL 61104

    $125,000

    Two-bedroom, one-bath units configured for easy leasing, with one unit on a lease through 11/6/2026.

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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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    Winnebago County, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Winnebago County, IL, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 184,526 square feet of properties for sale, with an estimated market value of $13,527,390.

    Sale prices for multifamily properties in Winnebago County, IL start at $75,000, averaging $338,184, 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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