1209 39th Ave Rockford, IL 61109
Estimated payment $1,639/month
About This Home
Investor Dream in Rockford's Multi-Family Market Discover a well-positioned multi-family asset at 1209 39th Ave-just under 2,500 sq ft of brick/masonry construction on an expansive 7,800-8,800 sq ft lot. Built circa 1960, this classic brick structure offers a mix of lower units with gas forced-air heat and hardwood flooring, complemented by upper units with electric baseboard heating. Each unit is equipped with basic appliances, ensuring tenant comfort and reliable functionality. With four off-street parking spaces, city utilities, and strong rental fundamentals, this property delivers consistent income as a fully leased four-unit building. Set in Rockford's 61109 zip code (District 205), tenants benefit from close proximity to schools, shopping, and transit. GreatSchools ratings reflect a nearby elementary (6/10), middle (2/10), and high school (1/10). This opportunity is perfect for hands-on investors or aspiring owner-occupants seeking immediate cash flow and ample potential for value-add improvements. Don't miss this resilient income-producing property-schedule a showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,699
Year Built
- Built in 1958
Parking
- 4 Parking Spaces
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- 2-Story Property
- Lot Dimensions are 74x74x110x110
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,699 | $39,030 | $3,223 | $35,807 |
| 2023 | $3,573 | $34,415 | $2,842 | $31,573 |
| 2022 | $3,514 | $30,760 | $2,540 | $28,220 |
| 2021 | $3,457 | $28,205 | $2,329 | $25,876 |
| 2020 | $2,391 | $18,597 | $2,202 | $16,395 |
| 2019 | $2,375 | $17,725 | $2,099 | $15,626 |
| 2018 | $2,392 | $16,704 | $1,978 | $14,726 |
| 2017 | $2,372 | $15,986 | $1,893 | $14,093 |
| 2016 | $2,370 | $15,687 | $1,858 | $13,829 |
| 2015 | $2,400 | $15,687 | $1,858 | $13,829 |
| 2014 | $2,350 | $15,688 | $2,322 | $13,366 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | For Sale | $249,900 | 0.0% | -- |
| 09/04/2025 09/04/25 | Off Market | $249,900 | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $249,900 | +56.2% | -- |
| 07/05/2022 07/05/22 | Sold | $160,000 | 0.0% | $67 / Sq Ft |
| 06/03/2022 06/03/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $160,000 | +30.6% | $67 / Sq Ft |
| 06/30/2021 06/30/21 | Sold | $122,500 | -11.9% | $34 / Sq Ft |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- |
| 05/13/2021 05/13/21 | For Sale | $139,000 | -- | $39 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | Schlueter Ecklund & Davitt/Jh | |
| Warranty Deed | $122,500 | None Listed On Document |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12441971
APN: 15-11-480-003
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