Fantastic investment opportunity with strong income history. This well-maintained duplex features two spacious 2-bedroom, 1-bathroom units. The lower unit is a long-term rental with a reliable tenant who has been in place for multiple years. This unit features generously sized rooms, beautiful hardwood floors in the living room, and both front and back entrances for added convenience. The upper unit is currently operating as a successful short-term rental and comes fully furnished - completely turnkey for the next owner to seamlessly continue short-term rental operations. Just like the lower level, it offers 2 bedrooms, 1 bathroom, a large living room with hardwood floors, and both front and back entrances. Each unit includes two exterior parking spaces accessible from the alley behind the home, providing ample off-street parking. Both units also have access to the basement, where a shared laundry facility is available. Owner currently pays gas, water, sewer, garbage, internet and upstairs electricity.
Contingent
$249,900
820 Lincoln Hwy, Rochelle, IL 61068
4beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$240,700 Zestimate®
$--/sqft
$-- HOA
What's special
Generously sized roomsFully furnishedAmple off-street parking
- 81 days |
- 52 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Daring 815-761-6592,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12578295
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 4
- Parking features: Off Alley, Yes, Owned
Lot
- Size: 8,184 Square Feet
- Dimensions: 66X124
Details
- Parcel number: 24241810070000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Rochelle
Financial & listing details
- Tax assessed value: $159,519
- Annual tax amount: $4,679
- Date on market: 4/3/2026
- Ownership: Fee Simple
Estimated market value
$240,700
$229,000 - $253,000
$1,008/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listing removed | $249,900 |
Source: | ||
| 5/1/2026 | Contingent | $249,900 |
Source: | ||
| 4/3/2026 | Listed for sale | $249,900+39.6% |
Source: | ||
| 6/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/6/2024 | Listed for rent | $1,650 |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Sold | $179,000-3.7% |
Source: | ||
| 3/13/2024 | Contingent | $185,900 |
Source: | ||
| 2/21/2024 | Listed for sale | $185,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,680 +44% | $53,173 +44.7% |
| 2023 | $3,249 -0.3% | $36,756 +5.1% |
| 2022 | $3,258 +5.2% | $34,976 +8.2% |
| 2021 | $3,097 +3.9% | $32,311 +5% |
| 2020 | $2,981 +4.4% | $30,773 +3.8% |
| 2018 | $2,854 +1.4% | $29,650 |
| 2017 | $2,815 +6.9% | $29,650 +2.8% |
| 2016 | $2,634 +1.4% | $28,837 +6.3% |
| 2015 | $2,597 -3.5% | $27,134 |
| 2014 | $2,690 -3.9% | $27,134 -4.6% |
| 2013 | $2,800 | $28,445 -6% |
| 2012 | -- | $30,270 -3.5% |
| 2011 | -- | $31,371 -2.7% |
| 2010 | -- | $32,258 -22.2% |
| 2009 | -- | $41,481 |
| 2008 | $3,688 -3.3% | $41,481 -4.2% |
| 2007 | $3,813 | $43,314 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Climate risks
Neighborhood: 61068
Nearby schools
GreatSchools rating
- 3/10Central Elementary SchoolGrades: 2-3Distance: 0.3 mi
- 6/10Rochelle Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Rochelle Twp High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- High: Rochelle Township High School
- District: 231
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Ogle County
- Rochelle
- 61068
- 820 Lincoln Hwy





