Investor Dream in Rockford's Multi-Family Market Discover a well-positioned multi-family asset at 1209 39th Ave-just under 2,500 sq ft of brick/masonry construction on an expansive 7,800-8,800 sq ft lot. Built circa 1960, this classic brick structure offers a mix of lower units with gas forced-air heat and hardwood flooring, complemented by upper units with electric baseboard heating. Each unit is equipped with basic appliances, ensuring tenant comfort and reliable functionality. With four off-street parking spaces, city utilities, and strong rental fundamentals, this property delivers consistent income as a fully leased four-unit building. Set in Rockford's 61109 zip code (District 205), tenants benefit from close proximity to schools, shopping, and transit. GreatSchools ratings reflect a nearby elementary (6/10), middle (2/10), and high school (1/10). This opportunity is perfect for hands-on investors or aspiring owner-occupants seeking immediate cash flow and ample potential for value-add improvements. Don't miss this resilient income-producing property-schedule a showing today!
Listed By
Agency Name: Door to Door Realty
Shown By
Agent Name: Jim Blaser
Agent Phone: (815) 621-2766
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 937.31 per month $556.17 Principal & Interest $308.25 Property Tax $72.89 Homeowner's Insurance
1209 39th Avenue | MLS# 202505369
This multi-family property located at 1209 39th Avenue, Rockford, IL 61109 is currently listed for sale with an asking price of $249,900. 39th Avenue is located within the Rockford 205 school district. Search Rockford real estate on jim.bhhscrosby.com today.