BEDS0
BATHS
SQUARE FEET2,141
MLS#202602228
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRockford 205
Property Description
Beautifully restored two-family located in the desirable Haight Village Historic District! This well-maintained investment property features numerous updates, including newer electric, plumbing, and heating systems, along with a new roof and central air added to both units. The exterior has been recently painted and rear steps have been completely rebuilt, while both units have been refreshed inside, offering clean, updated living spaces for tenants. Property includes separate utilities for each unit, along with lower-level laundry and additional storage, making management efficient and tenant-friendly. Driveway plus on-street parking provides convenient options for tenants. Fully rented with strong, stable income, lower unit at $1,150/month and upper unit at $1,000/month, both on year-long leases. Ideally located close to downtown Rockford, offering easy access to shopping, dining, entertainment, and nightlife. Excellent opportunity for investors seeking a turnkey, income-producing property in a historic and desirable location. Don't miss this opportunity!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Home Style: 2 Units
Roof Type: Shingle
Taxes: $2,265
Appliances
Refrigerator
Oven
Feature Descriptions
Exterior: Wood
Separate Utilities: Yes
Sewer: City
Water: City
Local Schools
School District: Rockford 205
Listed By / Shown By
Listed By
Agency Name: DICKERSON & NIEMAN
Shown By
Agent Name: Pat Versack
Agent Phone: (815) 262-4999
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 1,107.21 per month $863.04 Principal & Interest $188.75 Property Tax $55.42 Homeowner's InsuranceChange Payment Information
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515 Grove Street | MLS# 202602228
This multi-family property located at 515 Grove Street, Rockford, IL 61104 is currently listed for sale with an asking price of $190,000. Grove Street is located within the Rockford 205 school district. Search Rockford real estate on pversack.gogambino.com today.