Property Description

Explore a promising investment at 1415 5th Ave, Rockford, IL—a duplex offering steady income with room for value-add potential. The bottom unit is exceptionally clean and requires no immediate work, presenting a move-in-ready asset. The upper unit, while functional, offers an opportunity for cleanup and remodeling to boost rental rates and enhance overall value. Utilities are structured for efficiency: gas is shared, with the landlord billing tenants 50/50 monthly, while electric is separately metered and tenant-paid. Water, sewer, and garbage are currently covered by the landlord, providing flexibility to adjust terms for future profitability. Located in a dependable Rockford rental market, 1415 5th Ave combines stable tenancy with upside potential—an ideal prospect for investors seeking both income and growth.

Features
: Forced Air, Natural Gas
: No
Location
US
IL
ROCKFORD
61104
5th
1415
W90° 55' 1.8''
N42° 16' 1.5''
1415 5th Avenue
Additional Information
1,782 Sqft
ACTIVE and AVAILABLE
$1,656
0
2
City
City
Gas
Bennett
Jason Bennett, REALTOR
: Vinyl, Siding
18311
$0
$0
Rockford 205
District 205-RFD
District 205-RFD
District 205-RFD
: Deck, Deck-covered, Balcony
12/16/2025
12/15/2025 22:26:24

1415 5th ROCKFORD, Illinois 61104

2 Units For Sale
1,782 Sqft
$140,000

Reference ID: 202507567

Basic Details
Property Type : 2 Units
Price : $140,000
Square Footage : 1,782 Sqft
Agent info

This listing is courtesy of

Jason Bennett

Jason Bennett, REALTOR

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