BEDS2
BATHS1 full
SQUARE FEET759
MLS#12797698
STATUSNew
PROPERTY TYPEResidential - Single Family
SCHOOLDistrict 205
Property Description
4-Property Single-Family Investment Portfolio in Rockford. SOLD AS A PACKAGE ONLY. WILL NOT SEPARATE. Excellent opportunity to acquire four income-producing, 2-bedroom, 1-bathroom single-family homes, all extensively renovated in 2024 and currently tenant-occupied with established rental histories. Recent improvements include updated kitchens, bathrooms, flooring, electrical, windows, and interior finishes, along with additional mechanical and exterior upgrades. Current rental income is $4,025/month ($48,300 annually). Seller will NOT split up or sell properties individually. Financing limited to portfolio, commercial, blanket, or DSCR loans. Do not disturb tenants. Illinois law requires buyers working with a real estate agent to have a signed written buyer brokerage agreement in place before touring a property.
Property Features
Property Type: Residential - Single Family
Basement: None
Cooling: None
Heating: Gas, Forced Air
Lot Size: 49x110x49x110
Taxes: $1,177
Year Built: 1935
Feature Descriptions
Additional rooms: No additional rooms
Association Includes: None
Exterior: Vinyl Siding
Lot Dimensions: 49x110x49x110
Parcel#: 1121256019
Sewer: Public Sewer
Total Rooms: 4
Township: Rockford
Water: Public
Room Sizes
Bedroom 2: 10X10
Kitchen: 10X10
Living Room: 10X10
Primary Bedroom: 10X10
Local Schools
School District: District 205
Listed By / Shown By
Listed By
Agency Name: Realty of America, LLC
Agency Phone: 708-788-1900
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 508.97 per month $386.10 Principal & Interest $98.08 Property Tax $24.79 Homeowner's Insurance
225 Foster Avenue | MLS# 12797698
This single family home located at 225 Foster Avenue , Rockford, IL 61102 is currently listed for sale with an asking price of $85,000. This property was built in 1935 and has 2 bedrooms and 1 full baths with 759 sq. ft. Foster Avenue is located within the District 205 school district. Search Rockford real estate on www.gogambino.com today.