Last Sold Price
4 beds
1607 Rural St, Rockford, IL 61107

Description

**Prime Investment Opportunity - Cash Flow from Day One!** Unlock the potential of this well-maintained, income-producing **brick 4-unit building** at **1607 Rural St, Rockford, IL**-perfect for both seasoned investors and those looking to jumpstart their portfolio. Each **spacious 1-bedroom unit** offers a functional layout with combined living/dining space, eat-in kitchens, and generous storage. The **divided basement** includes separate utilities, laundry hookups, and individual storage for each...**Prime Investment Opportunity - Cash Flow from Day One!** Unlock the potential of this well-maintained, income-producing **brick 4-unit building** at **1607 Rural St, Rockford, IL**-perfect for both seasoned investors and those looking to jumpstart their portfolio. Each **spacious 1-bedroom unit** offers a functional layout with combined living/dining space, eat-in kitchens, and generous storage. The **divided basement** includes separate utilities, laundry hookups, and individual storage for each tenant-**a rare and valuable feature.** A **4-car garage** with overhead doors (new roof in 2018) adds extra rental income or owner storage options. Security entry doors at the front and rear provide added peace of mind. **Three of the four units have been updated**, and **one unit is vacant and ready for new tenants**, giving buyers immediate upside potential. One unit features central air; others use window A/Cs. The landlord currently covers water, sewer, and garbage, keeping things simple from a property management perspective. With **strong rental history and dependable tenants**, this is a **turnkey investment** offering **stable cash flow and minimal hassle**.Sold AS-IS. Schedule your showing today and start collecting tomorrow!
LISTING CLOSED: 09/04/2025 12:00 AM

Listing Agent

  1. Todd Klein

    Todd Klein

    Listing Agent

    Compass

    P: (847)-609-8633

Property Details for 1607 Rural Street

Status
MLS #
12437228
Days on Market
5
Taxes
$4,686 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Two to Four Units / Two to Four Units-Other
Year Built
1955
Lot Size
-
Area
Rockford
Township
Rockford
Ownership
Fee Simple
Num Of Garage Spaces
4.0
Num Of Parking Spaces
4.0
Heat/Fuel
Natural Gas, Forced Air

Location

Add your commute

Building Information for 1607 Rural Street

Stories-Residences4Year Built1955Building Size-Lot Size-

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OriginPoint Mortgage or Rocket Mortgage1

$1,981 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,591

Property Taxes

$391

HOA Dues

$0

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Property Information for 1607 Rural Street

General Information
School Information
  • Elementary School District: 205
  • High School District: 205
  • Middle Or Junior School District: 205
Addtl Parking Information
  • Parking Details: On Site, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms Total: 4
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 4
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 72.8X72.8X150X150
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • General Information: School Bus Service
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-08-04T16:51:52
  • Photos Count: 13
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 02/26
Unit 2
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/26
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: VACAN

Property History for 1607 Rural Street

DateEvent & SourcePriceAppreciation
Sep 4, 2025

Sold

MRED #12437228

$313,000
Sep 2, 2025

Sold (Public Record)

Public Record #1911957678

$313,000

+13.0% / yr

Aug 8, 2025

Pending

MRED #12437228

DateEvent & SourcePrice
09/04/2025

Sold

MRED #12437228

$313,000
09/02/2025

Sold (Public Record)

Public Record #1911957678

$313,000

+13.0% / yr

08/08/2025

Pending

MRED #12437228

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1607 Rural Street

Taxable ValueLand$4,653Additions$52,373Total$57,026
Tax Record2025$5,035 ($420 / month)
Home Facts
Baths4Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt3,248 SqFtStories2Lot Size10,890 SqFtStyleQuadraplexYear Built1955Year Renovated1955ZoningR2CountyWINNEBAGOAPN1124327002

Schools near 1607 Rural Street

This home is within Rockford School District 205.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
C Henry Bloom Elementary School
PublicK to 5

Abraham Lincoln Middle School
Public6 to 8

Rockford East High School
Public9 to 12

CICS Jackson
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 09/08/2025 03:16 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.