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Rockford, IL Multifamily Homes & Duplexes for Sale

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  • /20

    $899,900

    • Studio
    • 1,770 Sq Ft

    4225 Harrison Ave, Rockford, IL 61108

    Well-maintained eight-unit property, two buildings offering furnished, comfortable, and functional living spaces that are ready for immediate occupancy or rental. Each unit features a welcoming townhouse-style layout with bright living areas, wood-style flooring, and thoughtfully arranged furnishings that create a warm, move-in-ready feel. Kitchens are equipped with full appliances, ample cabinet

    Agent Photo

    Steven Niemczyk

    Door to Door Realty

    (779) 244-4516

    4225 Harrison Ave, Rockford, IL 61108
  • /19

    $249,900

    • Studio
    • 3,600 Sq Ft

    1209 39th Ave, Rockford, IL 61109

    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

    Agent Photo

    Steven Niemczyk

    Door to Door Realty

    (779) 209-4674

    1209 39th Ave, Rockford, IL 61109
  • /18

    $320,000

    • Studio
    • 2,450 Sq Ft

    718 Seminary St, Rockford, IL 61104

    Turnkey Furnished Rental Portfolio – Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants,

    Jay Dowthard Gambino Realtors

    718 Seminary St, Rockford, IL 61104
  • /20

    $119,900

    • Studio
    • 1,782 Sq Ft

    1415 5th Ave, Rockford, IL 61104

    Check out this investment opportunity at 1415 5th Ave in Rockford, IL. This duplex offers steady rental income with room to increase value. The lower unit is clean and move-in ready with no work needed. Tenant in place now with a month to month lease. The upper unit could benefit from updates, giving you a chance to raise rent and improve overall value. Utilities are set up efficiently: gas is

    Dimas Trujillo Smart Home Realty

    1415 5th Ave, Rockford, IL 61104
  • /33

    $379,000

    • Studio
    • 3,544 Sq Ft

    3786 Sage Dr, Rockford, IL 61114

    Ranch-style duplex! Each unit offers 2 bedrooms, 2 bathrooms, a 2-car garage, and a partially finished basement with laundry, full bath, and outside egress. Units have separate utilities and are both rented, providing strong income potential or the option to live in one unit and rent the other. Conveniently located near Riverside Boulevard, shopping, dining, Costco, and I-90 access.

    Aimee Leon Gambino Realtors

    3786 Sage Dr, Rockford, IL 61114
  • /4

    $200,000

    • Studio
    • 2,622 Sq Ft

    2234 11th Ave, Rockford, IL 61104

    Ready money maker. Separate utilities. Two car garage shared. Pictures representative of prior to tenant move in.

    KENNETH REDEKER Keller Williams Realty Signature

    2234 11th Ave, Rockford, IL 61104
  • /44

    $799,000

    • Studio
    • 12,161 Sq Ft

    204 S 6th St, Rockford, IL 61104

    THE KATHERINE! This property offers an excellent opportunity for an Investor. This listing features an 18-unit apartment complex constructed entirely of brick. The building received a new roof in 2020 and is equipped with a new boiler 2023 and water heater. All units are studio apartments with Murphy beds and private bathrooms; twelve of the units also include kitchens. Some stove and

    Maureen McCarty Emerald Realty Group of Rockford, PLLC

    204 S 6th St, Rockford, IL 61104
  • /22

    $190,000

    • Studio
    • 2,596 Sq Ft

    735 N Court St, Rockford, IL 61103

    Four unit building close to downtown. None of the apartments are rented. Previous rentals were: 2 bedroom 1 bath unit with garage was rented at $1100 per month; 1 bedroom 1 bath unit was rented at $900 per month; studio 1 bath unit was rented at $800 per month; main floor studio was rented for $700.

    Jeff Robertson Keller Williams Realty Signature

    735 N Court St, Rockford, IL 61103
  • /9

    $225,000

    • Studio
    • 2,748 Sq Ft

    140 Summit St, Rockford, IL 61107

    Fully occupied 4-unit building in a convenient Rockford location just minutes from UW Health and downtown Rockford! This property has two 2-bedroom units and two 1-bedroom units, making it a great addition to any investment portfolio. Recent updates include a new main water line, newer water heaters in 2017 and 2025, newer vinyl windows, and vinyl siding for lower-maintenance ownership. With all

    Olga Kampmeier Keller Williams Realty Signature

    140 Summit St, Rockford, IL 61107
  • /4

    $200,000

    • Studio
    • 2,350 Sq Ft

    1511 8th Ave, Rockford, IL 61104

    Units are very similar. Full financials with offer, tenants pay utilities. Current rent $875/month for both units.

    KENNETH REDEKER Keller Williams Realty Signature

    1511 8th Ave, Rockford, IL 61104
  • /15

    $139,900

    • Studio
    • 1,430 Sq Ft

    1126 16th Ave, Rockford, IL 61104

    This 1,430 sq ft multi-family property features two units, each with 2 bedrooms and 1 bathroom. Both units offer comfortable living spaces, and the large yard adds extra appeal for tenants or outdoor use. Perfect for investors or owner-occupants looking to generate rental income.

    Dimas Trujillo Smart Home Realty

    1126 16th Ave, Rockford, IL 61104
  • /16

    $169,900

    • Studio
    • 2,200 Sq Ft

    216 Carlton Terrace, Rockford, IL 61103

    Investors! 2 unit building, great location in the River District, next door to Rockford University Club, near Churchill Grove. 2 story building with identical units, 2 bedrooms, kitchen, dining room, and living room. Hardwood floors, Art Deco style with corner windows, arches and curved plaster corners. Retro early 1900's brick construction and a 2 car garage behind the building. Full basement

    Marla Anderson Advantage Realtors

    216 Carlton Terrace, Rockford, IL 61103
  • /25

    $324,900

    • Studio
    • 3,350 Sq Ft

    909 Ridge Ave Unit 911, Rockford, IL 61103

    Check out this exciting investment opportunity! This six unit multifamily property offers a rare investment opportunity with great rental potential. Each unit was built with tenant practicality in mind, making it an appealing choice for steady, long term income. Street parking is available for residents and guests, adding convenience to the property as well as access to the bus line. Please keep

    Katarina Giese Keller Williams Realty Signature

    909 Ridge Ave Unit 911, Rockford, IL 61103
  • /45

    $215,000

    • Studio
    • 2,883 Sq Ft

    422 S Henrietta Ave, Rockford, IL 61102

    What a great addition to your investment portfolio! This 4 family currently has 3 long term tenants on month to month leases, and 1 unit operating as a successfull AirBNB. 3 main level units each have 2bds/1bath with spacious kitchens and living rooms, while a cozy 1bd/1ba unit is located in the basement level. Each comes with 1 assigned parking spot, and there's a large shared basement

    Debbie Rheingans DICKERSON & NIEMAN

    422 S Henrietta Ave, Rockford, IL 61102
  • /18

    $190,000

    • Studio
    • 2,566 Sq Ft

    1401 20th St, Rockford, IL 61104

    This is your opportunity - Buyer Financing Fell Through! Invest in this Majestic All Brick Two Unit! Spacious units each featuring a large living room, separate dining room, kitchen, two bedrooms and a full bath. Wood floors, trim and doors, natural light, and arched doorways bring character and warmth to the living space. Two interior staircases to second story. New roof 2024. Laundry in

    Mary Maxted Keller Williams Realty Signature

    1401 20th St, Rockford, IL 61104
  • /26

    $209,900

    • Studio
    • 2,687 Sq Ft

    954 N Church St, Rockford, IL 61103

    Quadruplex featuring four individual units with dedicated parking spaces. Unit 2 offers 2 bedrooms, 1 bathroom, and a living room, while the other three units each include 1 bedroom and 1 bathroom.Conveniently located near downtown Rockford with easy access to shopping, dining, and local amenities. Great investment opportunity with one vacant unit.

    Dimas Trujillo Smart Home Realty

    954 N Church St, Rockford, IL 61103
  • /13

    $395,000

    • Studio
    • 4,200 Sq Ft

    308 E State St, Rockford, IL 61104

    Prime mixed-use investment opportunity in the heart of Downtown Rockford! Located on highly visible East State Street, this approximately 3,600+ square foot two-story building offers immediate income with excellent upside potential. The main floor is currently leased to Jimmy John’s, providing stable rental income from a nationally recognized brand and generating consistent foot traffic in this

    Jorge DaSilva Key Realty, Inc

    308 E State St, Rockford, IL 61104
  • /33

    $179,900

    • Studio
    • 2,144 Sq Ft

    1304 Benton St, Rockford, IL 61107

    Well-maintained multifamily property with great income potential. The upper unit features 3 bedrooms and 1.5 baths with a spacious layout. The lower unit offers 2 bedrooms and 1 full bath with a comfortable, efficient design. Lower unit currently being rented for $1,150 making this a great investment opportunity or perfect for a live in owner. A great opportunity you won’t want to miss!

    Dimas Trujillo Smart Home Realty

    1304 Benton St, Rockford, IL 61107
  • /4

    $165,000

    • Studio
    • 2,268 Sq Ft

    1022 15th St, Rockford, IL 61104

    Price Reduced on this great, solid brick 2 unit complete with tenants! Each unit has the same floor plan featuring a kitchen, spacious open living and dining rooms, two bedrooms one bath, and an enclosed porch. Wood flooring throughout most of the living space. Lower unit kitchen updated 2024. Photos provided were taken prior to the current occupants move-in. Tenants each have access to a garage

    Mary Maxted Keller Williams Realty Signature

    1022 15th St, Rockford, IL 61104
  • /35

    $195,000

    • Studio
    • 2,061 Sq Ft

    2221 Denver Dr, Rockford, IL 61108

    Attention investors and rehabbers! Great opportunity with this all-brick side-by-side duplex offering plenty of potential. Each main unit features 2 bedrooms, 1 bathroom, and a 1-car garage. Unit 2223 also includes basement access to an in-law suite with a separate entrance, second kitchen, 1 bedroom, and 1 bathroom, providing added flexibility for extended living arrangements. Property needs TLC

    Olga Kampmeier Keller Williams Realty Signature

    2221 Denver Dr, Rockford, IL 61108
  • /10

    $320,000

    • Studio
    • 2,380 Sq Ft

    722 Seminary St, Rockford, IL 61104

    Turnkey Furnished Rental Portfolio – Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants,

    Jay Dowthard Gambino Realtors

    722 Seminary St, Rockford, IL 61104
  • /17

    $320,000

    • Studio
    • 2,450 Sq Ft

    712 Seminary St, Rockford, IL 61104

    Turnkey Furnished Rental Portfolio – Fully Occupied with Proven Income & Excellent Reviews. Exceptional opportunity to acquire a fully stabilized 6-unit furnished rental property with consistent occupancy, strong income performance, and a well-established reputation. This property operates as a successful mid-term rental portfolio catering to travel professionals and extended-stay tenants,

    Jay Dowthard Gambino Realtors

    712 Seminary St, Rockford, IL 61104
  • /5

    $699,000

    • Studio
    • 6,200 Sq Ft

    3420 Harrison Ave, Rockford, IL 61108

    The property consists of 5 units, each configured as 3 bedroom and 1.5 bath. 100% occupancy with 4 month-to-month Tenants, this property delivers immediate cash flow and repositioning potential.

    KENNETH REDEKER Keller Williams Realty Signature

    3420 Harrison Ave, Rockford, IL 61108
  • /2

    $2,449,000

    • 21,516 Sq Ft

    Unlisted Address

    Currently fully occupied 24-unit, this building has 76 new windows, 16 new sliding doors, all new steel siding costing over 100K, many apartments have updated plumbing. Water heater is from 2018, building is fully turn key, most units are updated/renovated. Monthly rent roll is just over $20k with a lot more room for growth and potential. Only 5 minutes to I-39, I-90, and US20, and in the hottest

    Mohammad Fatani Realty One Group Excel

    Unlisted Address
  • /37

    $110,000

    • Studio
    • 1,400 Sq Ft

    914 N Winnebago St, Rockford, IL 61103

    Mixed use building for sale. Commercial at the bottom and residential at the top. New Roof, New Fascia and soffit. Front Exterior brick tuck pointing done, All new flooring throughout bedrooms, bathroom and kitchen and walkway. New sink, toilet and new tiling in bathroom. New Ceiling fans and freshly painted in the upstairs unit. New water piping in basement. There is a new split unit for hot and

    Nastasia Brown Keller Williams Realty Signature

    914 N Winnebago St, Rockford, IL 61103
  • /47

    $499,500

    • Studio
    • 3,690 Sq Ft

    820 Cottage Grove Ave, Rockford, IL 61103

    Well-maintained four-unit property offering strong rental potential. Each apartment features 2 bedrooms, 1 full bath, a comfortable living room, and an eat-in kitchen with stove and refrigerator included. Two units also offer in-unit laundry hookups for added convenience. Tenants enjoy separate utilities and air conditioning. A detached four-car garage provides added parking and storage

    Aimee Leon Gambino Realtors

    820 Cottage Grove Ave, Rockford, IL 61103
  • /25

    $230,000

    • Studio
    • 5,880 Sq Ft

    904 17th Ave, Rockford, IL 61104

    Corner location with a 4 unit residential apartment building, 2 car garage and fenced yard. All apartment units are occupied. Tenants pay their own natural gas and electric bills! The basement includes 4 utility rooms, each with a gas furnace, gas water heater, and electric circuit breaker box. Property owner pays water, garbage removal and sewer fees. 2 seperate parcels are included. Property to

    Leann Sackett Keller Williams Realty Signature

    904 17th Ave, Rockford, IL 61104
  • /22

    $125,000

    • 3 Beds
    • 2 Baths
    • 110 Sq Ft

    3120 Jacqueline Dr Unit 11, Rockford, IL 61109

    Welcome to this updated and beautifully decorated 3-bedroom, 2-bath condo that perfectly blends style, space, and convenience. The expansive living and dining area is ideal for entertaining, with plenty of room to host gatherings and direct access to a private balcony for relaxing outdoor enjoyment. The spacious kitchen offers an inviting eat-in area, abundant cabinet storage, and generous

    Milena Cojkic Keller Williams Realty Signature

    3120 Jacqueline Dr Unit 11, Rockford, IL 61109
  • /56

    $225,000

    • Studio
    • 2,870 Sq Ft

    434 16th Ave, Rockford, IL 61104

    TURN KEY DUPLEX IN ROCKFORD offering a great investment opportunity! This well-maintained property features two spacious 3-bedroom, 1-bath units. Interior highlights include hardwood floors, updated bathrooms, and freshly painted kitchens. The property also offers a full basement, fenced backyard, storage shed, and a 2-car garage. Conveniently located near schools, dining, and everyday amenities.

    Fidel Batres Keller Williams Realty Signature

    434 16th Ave, Rockford, IL 61104
  • /16

    $120,000

    • Studio
    • 1,635 Sq Ft

    1234 West St, Rockford, IL 61102

    Investor opportunity! Spacious 2-story duplex. Property features two units, each with 2 bedrooms, functional layouts, and eat-in kitchens. Washer and dryer hookups available (units not included). Seller has recently updated the HVAC system. Being sold as-is; seller has never occupied the property. No FHA financing due to peeling paint (garage). Property could potentially be converted back to a

    Priscilla Sandoval Keller Williams Realty Signature

    1234 West St, Rockford, IL 61102
  • /7

    $239,900

    • Studio
    • 3,800 Sq Ft

    999 N Main St, Rockford, IL 61103

    The property is in the north-west side of Rockford right at the beginning of Harlem Boulevard and near down town. There are not to many multifamily buildings for sale in this condition and location! Well managed and maintained • Good cash flow Easy maintenance • Newer roof • Great location THE PROPERTY OFFERS: Coin operated Washer and dryer in-house Parking on site Rent includes utilities.

    Yolanda Rodriguez Investors Helping Investors

    999 N Main St, Rockford, IL 61103
  • /25

    $324,900

    • 3,350 Sq Ft

    909 Ridge Ave Unit 911, Rockford, IL 61103

    Check out this exciting investment opportunity! This six unit multifamily property offers a rare investment opportunity with great rental potential. Each unit was built with tenant practicality in mind, making it an appealing choice for steady, long term income. Street parking is available for residents and guests, adding convenience to the property as well as access to the bus line. Please keep

    Katie Giese Keller Williams Realty Signature

    909 Ridge Ave Unit 911, Rockford, IL 61103
  • /4

    $175,000

    • Studio
    • 2,905 Sq Ft

    4708 Forest Hills Rd, Loves Park, IL 61111

    Unique 2-family property on one lot featuring an all-brick front home plus a separate back home attached to the garage. The front residence offers 3 bedrooms and 2 bathrooms, a spacious kitchen, dining room, office, and a bright living room with fireplace and hardwood flooring. The back home includes 2 bedrooms, 1 bathroom, living room, and kitchen. Fully occupied with long-term tenants in place.

    Olga Kampmeier Keller Williams Realty Signature

    4708 Forest Hills Rd, Loves Park, IL 61111

Why Live in Rockford

Rockford's Anderson Japanese Gardens stands among North America's finest Japanese gardens, providing a serene escape within the city. Nature lovers frequent Rock Cut State Park's extensive trails for hiking and camping, while the Klehm Arboretum & Botanic Garden showcases diverse plant collections throughout the seasons. The historic Coronado Performing Arts Center hosts national touring acts in an architecturally stunning venue. Cultural attractions include the Burpee Museum of Natural History, Discovery Center Museum, and the Laurent House, Frank Lloyd Wright's Usonian masterpiece. The dining scene features established local favorites like Lino's, serving Italian cuisine for over 40 years, and GreenFire Restaurant's wood-fired specialties.

The housing market presents varied options across distinct neighborhoods. Single family homes in Forest Hills View have a median price of $215,000, while the Midtown District's median price sits at $99,000. Churchill's Grove and Edgewater neighborhoods show median single family home prices of $128,000 and $145,000 respectively. Condominiums range from a median price of $92,500 for one bedroom units to $169,500 for two bedrooms.

The cost of living sits 10.6% below the national average. A family with school-age children needs approximately $95,000 annually to live comfortably, while renters should aim for $51,000. Property taxes in Winnebago County stand at 2.48%, with a state income tax rate of 4.95%. The education system includes highly rated private institutions like Keith Country Day School and Spectrum Progressive School of Rockford, both earning A+ ratings. Rockford University provides higher education opportunities within the city. The climate features warm summers reaching the 80s Fahrenheit and cold winters with temperatures in the teens, plus annual precipitation of 35 inches of rain and snow each.

Home Trends in Rockford, IL

Housing Trends

Median Sale Price
$155,000
Median Single Family Sale Price
$155,000
Median Townhouse Sale Price
$184,000
Median 2 Bedroom Sale Price
$184,000
Average Price Per Sq Ft
$108
Number of Homes for Sale
104
Last 12 months Home Sales
1,867
Months of Supply
0.70
Median List Price
$155,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
10%
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