1631 8th Avenue

Rockford, IL 61104

$154,900
Price
4
Beds
2
Baths
1,016 Sq. Ft.
$152 / Sq. Ft.
1,016
Sq. Ft.
$152
per Sq. Ft.

Description

Great Investment Opportunity - 2- Family Both units have been nicely updated. Each unit has a Living room & Dining areas, 2 Bedrooms and 1 Bath. The lower unit has a bonus area too. There is a 1.5 car garage. Each tenant pays for their own gas. Owner pays water, sewer and electric. Electric is approximately $45.00 per month. The property has solar panels. Rents are $850.00 per month. Leases expire Lower -6/30/24 Upper -2/28/25. Showing upper unit. Will show lower unit during inspection period.Great Investment Opportunity - 2- Family Both units have been nicely updated. Each unit has a Living room & Dining areas, 2 Bedrooms and 1 Bath. The lower unit has a bonus area too. There is a 1.5 car garage. Each tenant pays for their own gas. Owner pays water, sewer and electric. Electric is approximately $45.00 per month. The property has solar panels. Rents are $850.00 per month. Leases expire Lower -6/30/24 Upper -2/28/25. Showing upper unit. Will show lower unit during inspection period.
  1. Listed by Maureen McCarty • Emerald Realty Group of Rockford, PLLC
    P: 815-262-7837 C: 815-262-7837 maureenmccarty5@gmail.com
  2. Listed by Robert McCarty • Emerald Realty Group of Rockford, PLLC
    P: 815-390-4439 C: 815-243-7095 bob@emeraldpropertymgt.com

Property Details for 1631 8th Avenue

Style
2 Story
Total # of Parking Spaces
2

Location

Listing Courtesy of Emerald Realty Group of Rockford, PLLC
Add your commute
LISTING UPDATED: 03/25/2024 11:06 AM

Property Details for 1631 8th Avenue

StatusActive And Available
MLS #202401178
Days on Market39
Taxes$1,960 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Units
Year Built1915
Lot Size-
CountyWinnebago County

Location

Listing Courtesy of Emerald Realty Group of Rockford, PLLC
Add your commute

Building Information for 1631 8th Avenue

Stories2Residences2Year Built1915Building Size-Lot Size-

Payment Calculator

$1,009 per month

30 year fixed, 7.25% Interest

Principal and Interest

$845

Property Taxes

$163

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1631 8th Avenue

Summary
Location and General Information
  • Grid: 72
  • City: ROCKFORD
  • State: IL
  • Zip: 61104
  • Address: 1631 8th Avenue
  • County: Winnebago County
  • Zip Code: 61104
  • Year Built: 1915
  • School District: Rockford 205
  • Elementary School 1: Constance Lane Elementary School
  • Middle School: Abraham Lincoln Middle
  • High School: Rockford East High
  • Zoning: R2
Taxes and HOA
  • Tax Year: 2022
  • Taxes: $1,960
Property
Lot Information
  • Est Below Grade Fin SqFt: 0
  • Est Main Sq. Ft.: 508
  • Est Total Finished Sq. Ft.: 1016
  • Est Above Grade SqFt: 1016
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 2 Units
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: Yes
  • Separate Electric Y/N: No
  • Separate Water Y/N: No
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl
  • General Features: None
  • Roof: Shingle
Interior Features
  • Water Heater: Gas
  • Heating: Forced Air, Solar
  • Cooling: None
  • Appl Stay/Incl: Refrigerator, Stove/Cooktop
  • Basement Y/N: Yes
  • Separate Heat Y/N: Yes
  • Washer/Dryer CoinOp Y/N: No
  • Washer/Dryer Hookup Y/N: No
  • Washer/Dryer Y/N: No
Multi Family
Income and Expenses
  • Insurance/YR: $1,000
  • Maintenance/YR: $500
  • Management/YR: $0
  • Utilities/YR: $1,500
  • Legal/Account/YR: 0
  • Other/YR: 9
Multi Family Information
  • Number of Floors in Bldg: 2
  • Number of Tenants in Bldg: 2
  • Number of Units: 2
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: n
  • Unit 1 # Beds: 2
  • Unit 1 AC: n
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 5
  • Unit 1 # Baths: 1
  • Unit 1 Heat: gas
  • Unit 1 SqFt: 508
  • Unit 1 Lease/Deposit: 800
  • Unit 1 Rent: 850
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: n
  • Unit 2 # Beds: 2
  • Unit 2 AC: n
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 5
  • Unit 2 # Baths: 1
  • Unit 2 Heat: gas
  • Unit 2 SqFt: 508
  • Unit 2 Lease/Deposit: 1700
  • Unit 2 Rent: 850
Rental
Rent Information
  • Lease: No

Property History for 1631 8th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1631 8th Avenue

Taxable ValueLand$3,236Additions$13,946Total$17,182
Home Facts
Total Finished SqFt2,034 SqFtAbove Grade Finished SqFt2,034 SqFtStories2Lot Size6,970 SqFtStyleDuplexYear Built1915ZoningR2CountyWINNEBAGOAPN11-25-330-007

Schools near 1631 8th Avenue

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
Public - 3 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

Cherry Valley Elementary School
Public3 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.

Similar Homes

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Similar Sold Homes

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1631 8th Avenue is a multi-family home for sale in Rockford, IL 61104. This property was listed for sale on March 19, 2024 by Emerald Realty Group of Rockford, PLLC, it's currently listed at $154,900. It has been on the market for a total of 39 days and was last sold on November 5, 2021. This listing's school district is Rockford School District 205. Nearby schools include C Henry Bloom Elementary School, Abraham Lincoln Middle School and Rockford East High School. 1631 8th Avenue is a 4-bed, 2-bath, 1,016 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Emerald Realty Group of Rockford, PLLC

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.