# 515 GROVE, ROCKFORD, IL 61104

> **TL;DR:** residential multi family, $190,000. Est. $823/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $190,000 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $823 |
| **Total** | **$823** |

## Nearby Schools

- **Elementary:** District 205-rfd
- **Middle:** District 205-RFD
- **High:** District 205-RFD

## Description

### 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!

## Location

- **Address:** 515 GROVE, ROCKFORD, IL 61104
- **Coordinates:** 42.264456, -89.089373
- **Google Maps:** https://www.google.com/maps?q=42.264456,-89.089373

## Listing Agent

- **Name:** Bobby Walsh
- **Brokerage:** DICKERSON & NIEMAN
- **Phone:** 7735512366
- **Email:** bobbyw@dickersonnieman.com

## Primary Photo

![515 GROVE - Primary Photo](http://lh.rdcpix.com/8a4a5f33d3429d6362e09f8fd51692a6l-f2718234342r.jpg)

---

**MLS#:** 202602228 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/515-grove-rockford-il-61104-02602228)

---

## Structured Data

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  "name": "515 GROVE, ROCKFORD, IL 61104",
  "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",
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  "datePosted": "2026-04-24",
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