All-Brick Duplex with Significant Income Potential. All-brick duplex offers two spacious 3-bedroom, 1-bath units at 1,322 sq. ft. each. Major systems have been updated, including a new roof in 2013, furnaces replaced in 2023 and 2024, maintenance-free vinyl windows and updated 100-amp electric breakers. The lower unit has been fully remodeled and is move-in ready, featuring new kitchen cabinets and countertops, an updated bathroom with a new mirror, sink, cabinet, toilet, and tiled tub surround, plus fresh paint and new carpeting throughout. This unit should command market rent of at least $900 per month. The upper unit has had a long-term tenant of 11 years and is currently rented at $565/month on a month-to-month basis—well below market rates. With some cosmetic updates, this unit presents a strong opportunity to increase rents to market levels, significantly boosting cash flow. Located just two blocks from Mid-Town and the 7th Street business district, this property offers convenience, stability, and strong investment potential.
Sold for $128,500
$128,500
517 8th St, Rockford, IL 61104
--beds
--baths
2,644sqft
2 Units
Built in 1900
-- sqft lot
$137,000 Zestimate®
$49/sqft
$1,195 Estimated rent
Home value
$137,000
$121,000 - $155,000
$1,195/mo
Zestimate® history
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All-brick duplexUpdated bathroomMove-in readyMaintenance-free vinyl windowsNew roof
Zillow last checked:
Listing updated:
Listed by:
Adam Guarino 815-381-1150,
Dickerson & Nieman
Bought with:
Felicia Esmond, 475.137307
Dickerson & Nieman
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202504725
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Refrigerator, Stove/Cooktop, Oven, Gas Water Heater
Features
- Has basement: Yes
Interior area
- Total structure area: 2,644
- Total interior livable area: 2,644 sqft
- Finished area above ground: 2,644
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Balcony
Details
- Parcel number: 1126280022
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Units
Materials
- Brick/Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City
- Water: City
- Utilities for property: Separate Utilities
Community & neighborhood
Location
- Region: Rockford
- Subdivision: IL
Other
Other facts
- Price range: $128.5K - $128.5K
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2025 | Sold | $128,500-11.4%$49/sqft |
Source:  NorthWest Illinois Alliance of REALTORS® #202504725 Report a problem | ||
| 8/25/2025 | Pending sale | $145,000$55/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202504725 Report a problem | ||
| 8/7/2025 | Listed for sale | $145,000+222.2%$55/sqft |
Source: NorthWest Illinois Alliance of REALTORS® #202504725 Report a problem | ||
| 5/19/2004 | Sold | $45,000$17/sqft |
Source: Public Record Report a problem | ||
| 3/1/2000 | Sold | $45,000+42.9%$17/sqft |
Source: Public Record Report a problem | ||
| 1/3/2000 | Sold | $31,500$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,053 +3.5% | $21,664 +13.4% |
| 2023 | $1,983 +12.4% | $19,102 +23.7% |
| 2022 | $1,764 | $15,443 +9.1% |
| 2021 | -- | $14,160 +5.8% |
| 2020 | $1,721 +0.7% | $13,387 +4.9% |
| 2019 | $1,709 -6.6% | $12,760 -0.5% |
| 2018 | $1,830 +0.5% | $12,827 +4.5% |
| 2017 | $1,821 | $12,276 -11.3% |
| 2016 | $1,821 -12.9% | $13,847 |
| 2015 | $2,092 -1.2% | $13,847 -2.9% |
| 2014 | $2,118 -4.6% | $14,267 -36.6% |
| 2009 | $2,221 | $22,518 +8% |
| 2007 | -- | $20,846 +34.3% |
| 2006 | -- | $15,527 +4.7% |
| 2005 | -- | $14,823 +0.4% |
| 2004 | -- | $14,759 +8.5% |
| 2003 | -- | $13,601 +3.3% |
| 2001 | -- | $13,161 +53.3% |
| 2000 | -- | $8,586 |
| 1999 | -- | $8,586 |
Find assessor info on the county website
Neighborhood: Old Towne
Nearby schools
GreatSchools rating
- 4/10C Henry Bloom Elementary SchoolGrades: K-5Distance: 2 mi
- 3/10Abraham Lincoln Middle SchoolGrades: 6-8Distance: 0.5 mi
- 1/10Rockford East High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: C Henry Bloom Elementary
- Middle: Abraham Lincoln Middle
- High: Rockford East High
- District: Rockford 205
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.
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Estimated market value
$137,000
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
$137,000
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