517 8th Street, Rockford, IL 61104
Local realty services provided by:Results Realty ERA Powered
517 8th Street,Rockford, IL 61104
$145,000
- 6 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:adam guarino
Office:dickerson & nieman realtors - rockford
MLS#:12440216
Source:MLSNI
Price summary
- Price:$145,000
About this home
All-Brick Duplex with Significant Income Potential. All-brick duplex offers two spacious 3-bedroom, 1-bath units at 1,322 sq. ft. each. Major systems have been updated, including a new roof in 2013, furnaces replaced in 2023 and 2024, maintenance-free vinyl windows and updated 100-amp electric breakers. The lower unit has been fully remodeled and is move-in ready, featuring new kitchen cabinets and countertops, an updated bathroom with a new mirror, sink, cabinet, toilet, and tiled tub surround, plus fresh paint and new carpeting throughout. This unit should command market rent of at least $900 per month. The upper unit has had a long-term tenant of 11 years and is currently rented at $565/month on a month-to-month basis-well below market rates. With some cosmetic updates, this unit presents a strong opportunity to increase rents to market levels, significantly boosting cash flow. Located just two blocks from Mid-Town and the 7th Street business district, this property offers convenience, stability, and strong investment potential.
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Home facts
- Year built:1900
- Listing ID #:12440216
- Added:49 day(s) ago
- Updated:September 25, 2025 at 07:28 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1900
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$145,000
- Tax amount:$2,053 (2024)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 517 8th Street
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