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 split 50/50 between tenants, electric is separately metered and paid by tenants, and the landlord currently covers water, sewer, and garbage—leaving room to adjust for better returns. Located in a solid rental area, this property offers both reliable income and future growth potential.
113 days
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44
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Zillow last checked:
Listing updated:
Listed by:
Dimas Trujillo815-556-2272,
Smart Home Realty
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202601682
Facts & features
Interior
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Included: Refrigerator, Stove/Cooktop, Gas Water Heater
Features
Has basement: Yes
Interior area
Total structure area: 1,782
Total interior livable area: 1,782 sqft
Finished area above ground: 1,782
Finished area below ground: 0
Property
Parking
Total spaces: 1
Parking features: Garage
Garage spaces: 1
Features
Levels: Two
Stories: 2
Details
Parcel number: 1125156003
Special conditions: Agent Owned/Interest
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 Units
Materials
Siding, Vinyl
Roof: Shingle
Condition
Year built: 1900
Utilities & green energy
Electric: Circuit Breakers
Sewer: City
Water: City
Utilities for property: Separate Utilities
Community & HOA
Community
Subdivision: IL
Location
Region: Rockford
Financial & listing details
Price per square foot: $67/sqft
Tax assessed value: $54,294
Annual tax amount: $1,715
Price range: $119.9K - $119.9K
Date on market: 3/28/2026
Cumulative days on market: 112 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,066/mo
Price history
Date
Event
Price
6/10/2026
Pending sale
$119,900$67/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202601682Report a problem
4/19/2026
Price change
$119,900-4%$67/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202601682Report a problem
3/28/2026
Listed for sale
$124,900-3.9%$70/sqft
Source: NorthWest Illinois Alliance of REALTORS® #202601682Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.