About This Home

This 6-bedroom, 2-bathroom residential multi family at 434 16th Avenue in Rockford, IL is listed for $220,000. Built in 1923, on a N/A lot.

Key Features

  • Built in 1923
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
1923
Listing Description

Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1-bath apartments, each capable of generating no less than $1,200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit.

Separate entrances and functional layouts make this an ideal opportunity for investors or owner-occupants alike. A detached 495 SF outbuilding/garage with an upper level offering exceptional flexibility for storage, a workshop, hobby space, or future creative use. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential! SOLD AS-IS

Monthly Cost Estimate

$1,177/mo

20% down · 6.5% · 30 years

Principal$159
Interest$953
Insurance$64

Estimates only. Actual payments may vary.

Location

434 16th Avenue

Rockford, IL 61104

Property Details

Construction

Vinyl Siding

Outdoor Features

PorchDeck

Parking

OwnedDrivewayOn StreetGarageAlleyOff Street

Heating

Natural Gas

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 434 16th Avenue is listed at $220,000. The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1923, 2 stories, 2 parking spaces.

This property is listed by Marisol Randazzo.

MR

Marisol Randazzo

Agent at Remax Plaza

Listed by Remax Plaza · Broker phone: (815) 385-6770 · View on Broker Site · Broker website

MLS# 12708960· Source: Midwest Real Estate Data, LLC· 106 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

434 16th Avenue, Rockford, IL 61104

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