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About This Home
This 0-bedroom, 0-bathroom residential multi family at 515 GROVE in ROCKFORD, IL is listed for $190,000. on a N/A lot.
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!
Monthly Cost Estimate
$1,016/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
515 GROVE
ROCKFORD, IL 61104
Features & Amenities
Interior Features
Property Details
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 515 GROVE is listed at $190,000. The estimated monthly payment is $823 based on 20% down at 6.5% interest.
Interior Features: None.
This property is listed by Bobby Walsh and can be reached at 7735512366 or bobbyw@dickersonnieman.com.






