Discover the perfect investment opportunity with this charming Early American brick duplex located at 1507-1509 16th Ave, Rockford, IL 61104. Featuring vintage woodwork throughout, each exceptionally spacious unit offers over 1,314 sq. ft. of comfortable living space. The second-floor unit boasts three bedrooms and private front and rear balconies, while the first-floor unit includes two bedrooms and a large, newly added rear deck (2024), ideal for relaxing or entertaining. Currently generating over 26,400 in annual income, with potential to exceed 32k, this property is an ideal live-in investor setup. Recent updates include vinyl windows, furnaces, water heaters, and a first-floor unit equipped with central air conditioning for added comfort. Enjoy the convenience of separate utilities (owner pays water, sewer, and garbage) and ample parking with a newer 1.5-car garage plus a cement parking pad. Situated in Rockford's dynamic market-recognized by Forbes and The Wall Street Journal as one of the nation's hottest affordable housing areas-this duplex combines timeless character with strong income potential. Don't miss your chance to own a piece of this thriving community!
Closed
$203,000
1509 16th Ave, Rockford, IL 61104
5beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$205,500 Zestimate®
$--/sqft
$1,317 Estimated rent
Home value
$205,500
$187,000 - $226,000
$1,317/mo
Zestimate® history
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$1,317/mo
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$1,570/mo
Est. payment
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$1,570/mo
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List your homeWhat's special
Central air conditioningEarly american brick duplexVinyl windowsTwo bedroomsThree bedroomsAmple parkingCement parking pad
Zillow last checked:
Listing updated:
Listed by:
John Juliano (815)397-4040,
Berkshire Hathaway HomeServices Crosby Starck Real Estate
Bought with:
Fidel Batres
Keller Williams Realty Signature
Source: MRED as distributed by MLS GRID,MLS#: 12617968
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 1.5
- Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
- Garage spaces: 1.5
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Balcony
Lot
- Size: 8,712 Square Feet
- Dimensions: 57.22x158x57.22x158
Details
- Parcel number: 1136110006
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Architectural style: American 4-Sq.
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights
Location
- Region: Rockford
Financial & listing details
- Tax assessed value: $74,211
- Annual tax amount: $2,344
- Date on market: 4/13/2026
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $203,000+9.7% |
Source:  MRED as distributed by MLS GRID #12617968 Report a problem | ||
| 4/22/2026 | Pending sale | $185,000 |
Source: MRED as distributed by MLS GRID #12617968 Report a problem | ||
| 4/13/2026 | Listed for sale | $185,000+76.4% |
Source: MRED as distributed by MLS GRID #12617968 Report a problem | ||
| 3/28/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/29/2024 | Price change | $975-2.5% |
Source: Zillow Rentals Report a problem | ||
| 1/6/2024 | Listed for rent | $1,000 |
Source: Zillow Rentals Report a problem | ||
| 9/18/2023 | Sold | $104,900 |
Source:  NorthWest Illinois Alliance of REALTORS® #202304987 Report a problem | ||
| 9/1/2023 | Pending sale | $104,900 |
Source: NorthWest Illinois Alliance of REALTORS® #202304987 Report a problem | ||
| 8/31/2023 | Listing removed | -- |
Source: NorthWest Illinois Alliance of REALTORS® #202304987 Report a problem | ||
| 8/28/2023 | Listed for sale | $104,900+199.7% |
Source: NorthWest Illinois Alliance of REALTORS® #202304987 Report a problem | ||
| 10/20/2009 | Sold | $35,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,344 +10.7% | $24,737 +21.3% |
| 2023 | $2,117 -3.2% | $20,388 +6.5% |
| 2022 | $2,187 | $19,142 +24.1% |
| 2021 | -- | $15,429 +5.8% |
| 2020 | $1,876 +0.7% | $14,586 +4.9% |
| 2019 | $1,862 +29% | $13,902 +37.4% |
| 2018 | $1,444 +0.5% | $10,117 +4.5% |
| 2017 | $1,436 | $9,682 +1.9% |
| 2016 | $1,436 +0.1% | $9,500 |
| 2015 | $1,435 -1.2% | $9,500 +59.7% |
| 2014 | $1,453 +7.3% | $5,947 -77.3% |
| 2009 | $1,354 | $26,176 +8% |
| 2007 | -- | $24,233 +21.2% |
| 2006 | -- | $19,988 +4.7% |
| 2005 | -- | $19,082 +5.5% |
| 2004 | -- | $18,084 -2.3% |
| 2003 | -- | $18,509 +3.3% |
| 2001 | -- | $17,911 +6.7% |
| 2000 | -- | $16,788 |
| 1999 | -- | $16,788 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby homes
- $1,2002 bd1 ba-- sqft1509 16th Ave #1, Rockford, IL 61104For Rent
- $95,9004 bd2 ba1.2k sqft1515 16th Ave, Rockford, IL 61104Off Market
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- $203,000-- bd-- ba2.6k sqft1507-09 16th St, Rockford, IL 61109Sold
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- $86,9003 bd1 ba1.1k sqft1722 Parmele St, Rockford, IL 61104Off Market
Nearby schools
GreatSchools rating
- 2/10Constance Lane Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Abraham Lincoln Middle SchoolGrades: 6-8Distance: 1 mi
- 1/10Jefferson High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Beyer Elementary School
- Middle: Abraham Lincoln Middle School
- High: Jefferson High School
- District: 205
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$205,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$205,500
- Illinois
- Winnebago County
- Rockford
- 61104
- Midtown
- 1509 16th Ave
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