Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1 bath apartments, each capable of generating no less than $1200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit. Separate entrances and functional layouts make this a great opportunity for investors or owner-occupants alike. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential!
New
$220,000
434 16th Ave, Rockford, IL 61104
6beds
--sqft
Multi Family
Built in 1923
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Separate entrancesFunctional layoutsFresh paint throughoutAll new windowsNew refrigerator and stoveNew flooring
- 2 days |
- 327 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Marisol Randazzo 708-289-0392,
RE/MAX Plaza
Source: MRED as distributed by MLS GRID,MLS#: 12708960
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished,Stone/Rock,Full
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Driveway, On Street, Alley Access, Garage Faces Rear, Yes, Owned
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Porch
Lot
- Size: 7,840 Square Feet
- Dimensions: 160.4x50
Details
- Additional structures: Outbuilding
- Parcel number: 1135105018
- Zoning: MULTI
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks, Street Lights, Street Paved
- Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s)
Location
- Region: Rockford
Financial & listing details
- Tax assessed value: $65,496
- Annual tax amount: $1,500
- Date on market: 7/19/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,104/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/19/2026 | Listed for sale | $220,000+2.3% |
Source:  MRED as distributed by MLS GRID #12708960 Report a problem | ||
| 7/7/2026 | Listing removed | $215,000 |
Source: MRED as distributed by MLS GRID #12671614 Report a problem | ||
| 6/8/2026 | Price change | $215,000-4.4% |
Source: MRED as distributed by MLS GRID #12584620 Report a problem | ||
| 3/5/2026 | Listed for sale | $225,000 |
Source:  NorthWest Illinois Alliance of REALTORS® #202601170 Report a problem | ||
| 2/8/2026 | Listing removed | $225,000 |
Source: MRED as distributed by MLS GRID #12526435 Report a problem | ||
| 11/9/2025 | Listed for sale | $225,000 |
Source: NorthWest Illinois Alliance of REALTORS® #202506216 Report a problem | ||
| 10/15/2025 | Pending sale | $225,000 |
Source: NorthWest Illinois Alliance of REALTORS® #202506216 Report a problem | ||
| 10/7/2025 | Listed for sale | $225,000+295.4% |
Source: NorthWest Illinois Alliance of REALTORS® #202506216 Report a problem | ||
| 6/27/2025 | Sold | $56,900 |
Source: NorthWest Illinois Alliance of REALTORS® #202502172 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,500 +9% | $21,832 +13.4% |
| 2023 | $1,376 +23.2% | $19,250 +22% |
| 2022 | $1,117 | $15,776 +9.1% |
| 2021 | -- | $14,466 +5.8% |
| 2020 | $1,154 -4% | $13,676 +4.9% |
| 2019 | $1,202 -6.1% | $13,035 -11.1% |
| 2018 | $1,280 -3.8% | $14,667 +4.5% |
| 2017 | $1,331 | $14,037 +1.9% |
| 2016 | $1,331 -1.8% | $13,774 |
| 2015 | $1,355 -1.2% | $13,774 -8.8% |
| 2014 | $1,372 -49.1% | $15,104 -35.1% |
| 2009 | $2,697 | $23,275 +8% |
| 2007 | -- | $21,548 -9.4% |
| 2006 | -- | $23,781 +4.8% |
| 2005 | -- | $22,702 +0.8% |
| 2004 | -- | $22,512 +10.7% |
| 2003 | -- | $20,331 +3.3% |
| 2001 | -- | $19,674 +6.4% |
| 2000 | -- | $18,492 |
| 1999 | -- | $18,492 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61104
Nearby schools
GreatSchools rating
- 3/10Julia Lathrop Elementary SchoolGrades: K-5Distance: 1.2 mi
- 2/10Rockford Environmental Science AcademyGrades: 6-8Distance: 1.7 mi
- 1/10Jefferson High SchoolGrades: 9-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: Julia Lathrop Elementary School
- Middle: Rockford Envrnmntl Science Acad
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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