Winnebago County, IL Residential Income Properties for Sale

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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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Updated: Jul 24

Two-Unit Residential Income Property

416 Gregory Street, Rockford, IL 61104

$130,000

2,348 sqft

Two‑unit property with approximately 2,348 SF, offering 4 bedrooms and 2 full bathrooms
Built in 1915; original charm features include natural woodwork and French doors to the primary bedroom in each unit
Outdoor space includes a covered front porch and an upper deck
Off‑street parking included
Potential gross rental income of approximately $27,600 to $30,000 per year; sold as‑is

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Remodeled Duplex with Studio Garage

135 S 8th Street, South Beloit, IL 61080

$199,900

1,617 sqft

Turnkey duplex near downtown Beloit with flexible studio space and two separately updated living units.

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Brick Two-Unit Residential Income

606 S 6th Street, Rockford, IL 61104

$165,000

1,776 sqft

Solid brick two-unit building with separate utilities, hardwood floors, a private backyard, and a spacious basement.

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Two-Unit Residential Income Property

2217 Latham Street, Rockford, IL 61103

$139,000

1,599 sqft

Two-unit duplex with off-street parking, updated windows, and individual furnaces in each unit.

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Brick Two-Story Duplex with Garage

1402 N Church Street, Rockford, IL 61103

$160,000

2,350 sqft

All-brick two-story duplex with two 2-bedroom units and a detached 2-car garage used as a carport.

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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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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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Fully Updated 3-Unit Investment Property

712 North Court Street, Rockford, IL 61103

$300,000

2,980 sqft

Turnkey 3-unit multifamily building with extensive updates including HVAC, central air, kitchens, and bathrooms.

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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

113 NEWMAN Street, Durand, IL 61024

$599,990

6,304 sqft

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

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Two-Unit Multifamily Residence

710 Kishwaukee Street, Rockford, IL 61104

$169,900

2,684 sqft

Spacious two-unit multifamily property with multiple bedroom configurations and recent major updates.

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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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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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Well-Maintained 4-Unit Residential Quadplex

1712 Manchester Street, South Beloit, IL 61080

$650,000

1,332 sqft

Well-maintained four-unit complex featuring garage space for all units and laundry located in the lower level.

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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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Side-by-Side Duplex Townhouse

1231-1233 North Main Street, Rockford, IL 61103

$229,900

2,392 sqft

Townhouse-style duplex with identical unit layouts, updated interiors, separate basement, and fenced yard.

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Eight-Unit Multifamily Building

5635 Andrews Drive, Roscoe, IL 61073

$960,000

4,176 sqft

Well-maintained eight-unit building with two-bedroom, one-bath units and garage parking for eight vehicles.

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Four-Unit Residential Apartment Building

904 17th Avenue, Rockford, IL 61104

$230,000

5,880 sqft

Corner four-unit residential building with a fenced yard and two-car garage; all units are currently occupied.

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Quadplex with Unit Balconies

11702 Parkway Drive, Roscoe, IL 61073

$650,000

4,898 sqft

Four-plex with unit balconies and garage-based layouts, offering flexible bedroom and bath configurations across all homes.

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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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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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Fourplex with Private Balconies

11702 Parkway Drive, Roscoe, IL 61073

$650,000

4,898 sqft

Ready-to-run fourplex offering three 2-bedroom units and one 3-bedroom unit with private balcony access.

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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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Winnebago County, IL Residential Income Properties Market Trends and Statistics

Explore 74 residential income properties for sale in Winnebago County, IL, showcased through 74 active listings on our real estate platform. These investment opportunities span a total of 343,858 square feet of properties for sale, with an estimated market value of $24,197,088.

Sale prices for residential income properties in Winnebago County, IL start at $75,000, averaging $372,262, and reaching up to $2,449,000 — 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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Winnebago County, IL Residential Income Properties for Sale

1234 West Street, Rockford, IL 61102

416 Gregory Street, Rockford, IL 61104

135 S 8th Street, South Beloit, IL 61080

606 S 6th Street, Rockford, IL 61104

2217 Latham Street, Rockford, IL 61103

1402 N Church Street, Rockford, IL 61103

712 N Court Street, Rockford, IL 61103

2217 LATHAM Street, Rockford, IL 61103

712 North Court Street, Rockford, IL 61103

3820-3824 Sandy Hollow Road, Rockford, IL 61109

113 NEWMAN Street, Durand, IL 61024

710 Kishwaukee Street, Rockford, IL 61104

1645 7TH Avenue, Rockford, IL 61104

904 17th Avenue, Rockford, IL 61104

1712 Manchester Street, South Beloit, IL 61080

5430 Dale Avenue, Loves Park, IL 61111

1231-1233 North Main Street, Rockford, IL 61103

5635 Andrews Drive, Roscoe, IL 61073

904 17th Avenue, Rockford, IL 61104

11702 Parkway Drive, Roscoe, IL 61073

1212 South 5th Street, Rockford, IL 61104

1511 8th Avenue, Rockford, IL 61104

11702 Parkway Drive, Roscoe, IL 61073

2234 11th Avenue, Rockford, IL 61104

Winnebago County, IL Residential Income Properties Market Trends and Statistics

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