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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.

Agent 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!

Monthly Cost Estimate

$1,016/mo

20% down · 6.5% · 30 years

Principal$137
Interest$823
Insurance$55

Estimates only. Actual payments may vary.

Location

515 GROVE

ROCKFORD, IL 61104

Features & Amenities

Interior Features

None

Property Details

Heating

Forced Air

Cooling

Central Air

Appliances

Refrigerator

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.

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BW

Bobby Walsh

Agent at DICKERSON & NIEMAN

(773) 551-2366

Listed by DICKERSON & NIEMAN · View on Broker Site

MLS# 202602228· Source: listhub· Updated 1 days ago

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

515 GROVE, ROCKFORD, IL 61104

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