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$ 219,000
Est. payment /mo
Pending
501 Fairview AVE Rockford, IL 61108
4 Beds
3 Baths
18.18 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12413179
Style Ranch
Bedrooms 4
Year Built 1958
Annual Tax Amount $3,310
Tax Year 2023
Lot Size 18.180 Acres
Lot Dimensions 0.18
Property Sub-Type Two to Four Units
Property Description
Look No Further! Fantastic opportunity to own this all-brick, ranch-style 2-family duplex situated on a spacious corner lot in a highly desirable location! Each unit has been thoughtfully updated with new bathtubs, tile, vanities, and toilets. You'll also find beautiful hardwood floors and eat-in kitchens with stylish tiled backsplashes. One unit features a finished lower level with a full bath-ideal for extra living space or additional rental income. This property is perfect for owner-occupants looking to offset their mortgage with rental income from the second unit, or for savvy investors seeking a solid addition to their portfolio. Additional Highlights: Separate basements for each unit. Attached garage. Expansive lot with plenty of outdoor space. Property is being sold As-Is. Don't miss out on this income-generating gem in a prime location!
Location
State IL
County Winnebago
Area Rockford
Rooms
Basement Partially Finished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 205 , 205, 205
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jay Dowthard • Gambino Realtors Home Builders