Residential Income

Winnebago County, IL Residential Income Properties for Sale

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10-Unit Brick Apartment Building
Updated: Sep 8
10-Unit Brick Apartment Building

1226 17th Avenue, Rockford, IL 61104

$950,000
9,636 sqft
10‑unit apartment building totaling 9,636 square feet
Unit mix includes eight 2‑bedroom units and two 3‑bedroom units
Each unit includes additional basement storage
Adjacent vacant lot included in the sale
Recent improvements include a new parking lot and fencing
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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

$640,000
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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7-Unit Apartment Building with Garages
7-Unit Apartment Building with Garages

5592 WICKFORD Lane, Loves Park, IL 61111

$899,900
5,241 sqft

Unit mix includes one-, two-, and three-bedroom apartments with garage access.

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See what stands out in Winnebago County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
5-Unit Townhouse-Style Apartment Building
5-Unit Townhouse-Style Apartment Building

2311 23rd St, Rockford, IL 61108

$685,000
6,400 sqft

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

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Renovated 2-Unit Duplex
Renovated 2-Unit Duplex

2228-2230 10th Street, Rockford, IL 61104

$280,000
3,564 sqft

Two updated residences offer two bedrooms, two full baths, and a separate office or den apiece.

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

113 Newman St, Durand, IL 61024

$599,990
6,304 sqft

Eight two-bedroom apartments feature refreshed common areas, with four units recently repainted and occupied by new tenants.

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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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Two-Unit Duplex Property
Two-Unit Duplex Property

720-722 Locust Street, Rockford, IL 61101

$160,000
2,184 sqft

Upper and lower residences offer separate layouts, street parking, and natural-gas forced-air heating.

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

1414 16th Avenue, Rockford, IL 61104

$154,900
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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8-Unit Apartment Building
8-Unit Apartment Building

113 NEWMAN Street, Durand, IL 61024

$599,990
6,304 sqft

Residential income property with refreshed common areas and a two-bedroom, one-bath layout in every apartment.

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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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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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Renovated Duplex with Garage
Renovated Duplex with Garage

321 S Prospect Street, Rockford, IL 61104

$179,900
1,780 sqft

Two-family property with updated interiors, separate utilities, central air, and convenient alley access.

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Renovated Duplex with Garage
Renovated Duplex with Garage

321 Prospect St, Rockford, IL 61104

$179,900
1,780 sqft

Two updated units offer separate gas and electric service, central air, and convenient alley access.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

5553 Andrews Drive, Roscoe, IL 61073

$960,000
7,912 sqft

Established multifamily asset with on-site garage parking, updated building components, and natural-gas forced-air systems.

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Vacant Two-Unit Duplex
Vacant Two-Unit Duplex

1414 16th Ave, Rockford, IL 61104

$154,900
1,590 sqft

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

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Two-Unit Duplex with Updated HVAC
Two-Unit Duplex with Updated HVAC

1234 West Street, Rockford, IL 61102

$120,000
1,635 sqft

This residential property offers eat-in kitchens, laundry hookups, and central air across two separate units.

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Brick Duplex with New Roof
Brick Duplex with New Roof

5009 N 2nd St, Loves Park, IL 61111

$184,900
1,794 sqft

Commercially zoned duplex with parking, storage, updated windows, and a documented rental history.

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Quadplex with Private Garages
Quadplex with Private Garages

4968 Pine Meadow Parkway, Loves Park, IL 61111

$599,900
4,568 sqft

Four-unit property with individual outdoor areas, in-unit laundry, separate mechanical systems, and guest parking.

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Updated Eight-Unit Apartment Building
Updated Eight-Unit Apartment Building

5553 Andrews Dr, Roscoe, IL 61073

$960,000
7,912 sqft

Multifamily property with varied unit layouts, garage capacity, and recent improvements to key building systems.

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Quadplex with Private Garages
Quadplex with Private Garages

11702 Parkway Drive, Roscoe, IL 61073

$650,000
4,898 sqft

Four residential units feature individual balconies, garage accommodations, and central air conditioning.

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Winnebago County, IL Residential Income Properties Market Trends and Statistics

Explore 94 residential income properties for sale in Winnebago County, IL, showcased through 94 active listings on our real estate platform. These investment opportunities span a total of 386,188 square feet of properties for sale, with an estimated market value of $25,570,554.

Sale prices for residential income properties in Winnebago County, IL start at $89,900, averaging $297,332, and reaching up to $960,000 — 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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