1324 Evelyn St Rockford, IL 61103
Signal Hill NeighborhoodEstimated payment $9,482/month
Total Views
61,397
--
Bed
--
Bath
3,837
Sq Ft
$365
Price per Sq Ft
Highlights
- Hot Property
- Solar Heating System
- Hot Water Heating System
- Brick or Stone Mason
- Forced Air Heating and Cooling System
- 4-minute walk to Bennett Triangle
About This Home
Seize the rare chance to acquire a stabilized, income-producing 12-unit multifamily portfolio strategically located across the city. This package features a mix of unit styles and property types, offering both immediate rental income and long-term appreciation potential. Each property is fully leased, with strong rental demand in established neighborhoods. The portfolio are units in the Project-Based Voucher Program, providing guaranteed rental income backed by housing authority contracts—ideal for investors seeking stability and reduced vacancy risk for 15 years. Highlights: 12 Total Units – Sold together as one portfolio package= 8 buildings Strong Occupancy – Fully leased with consistent cash flow Voucher Incentives – Project-Based Vouchers (PBV) in place, ensuring reliable income streams. The buildings have the voucher, versus the tenants. Diverse Locations – Properties situated across multiple high-demand city neighborhoods Upside Potential – Opportunity for rent growth, value-add upgrades, or future repositioning Financials: Detailed rent rolls and expense reports available (see attached docs) Excellent hedge against market volatility with guaranteed government-backed rents This is a rare portfolio acquisition opportunity offering both security and growth. Whether you’re a seasoned investor or expanding your holdings, this package delivers a balanced mix of stability, income, and long-term potential. Owned by Infinity Assets, agent owned. Property addresses and PINs are below: 3112 GUILFORD RD Pin: 1219210022 1324 EVELYN ST Pin: 1114327013 4230 OCONNELL ST Pin: 1605326005 1031 EMERSON DR Pin: 1229351014 2023 RIDGE AVE Pin: 1114129004 716 HAWTHORNE AVE Pin: 1230428003 1911 CARNEY AVE Pin: 1114132004 4151 EASTRIDGE DR Pin: 1220377009
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,128
Year Built
- Built in 1925
Home Design
- Brick or Stone Mason
- Shingle Roof
- Siding
Interior Spaces
- 2-Story Property
- Washer and Dryer Hookup
- Basement
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
Eco-Friendly Details
- Solar Heating System
Schools
- R K Welsh Elementary School
- West Middle School
- Guilford High School
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Separate Meters
- Separate Water Meter
- Gas Water Heater
Community Details
Overview
- 2 Units
- 2-Story Building
Amenities
- Coin Laundry
Map
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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 | $3,173 | $33,481 | $4,031 | $29,450 |
| 2023 | $3,065 | $29,522 | $3,554 | $25,968 |
| 2022 | $3,015 | $26,388 | $3,177 | $23,211 |
| 2021 | $1,845 | $21,051 | $2,912 | $18,139 |
| 2020 | $1,246 | $9,693 | $2,753 | $6,940 |
| 2019 | $1,238 | $9,239 | $2,624 | $6,615 |
| 2018 | $1,638 | $8,707 | $2,473 | $6,234 |
| 2017 | $1,236 | $8,333 | $2,367 | $5,966 |
| 2016 | $2,008 | $0 | $0 | $0 |
| 2015 | $2,034 | $19,295 | $2,323 | $16,972 |
| 2014 | $3,420 | $28,638 | $2,900 | $25,738 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $1,399,000 | -- | $365 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $25,000 | Title Underwriters Agency |
Source: Public Records
About the Listing Agent
With over 40 years of combined real estate experience, Tina Tendall and Amanda Clark have built a reputation for excellence, integrity, and putting their clients’ needs at the forefront. Proudly serving the Rockford area, Chicago Metro, and surrounding communities, this dynamic duo offers unmatched market insight and a genuine passion for helping people achieve their real estate goals.
Whether you’re buying your first home, upgrading to your dream property, or investing for the future,
Amanda's Other Listings
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202505358
APN: 11-14-327-013
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