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We're in the process of matching you to a local real estate agent to provide home listings by email. Homes for sale in Rockford, IL have a median listing home price of $129,900. There are 521 active homes for sale in Rockford, IL, which spend an average of 47 days on the market. Some of the hottest neighborhoods near Rockford, IL are Rolling Green, Edgewater, Churchill Grove, North Highland Square, Signal Hill. If your property has been declared condemned because of code violations or lack of upkeep, you may decide that it’s not worth repairing.
Upper unit has long term tenant and pays $500 month, lower unit tenant rent $600 month. There's a LR, DR, Kit, BR and sun room plus full bath on each level. One hot water boiler with 2 water heaters, 2 electric and 2 gas meters. The downstairs unit is rented at $635. The upstairs unit is 2 bedrooms, but needs new flooring in the kitchen and back entrance.
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Basement common area has coin operated washer and Dryer for extra income. New boiler installed recently. VA Loan for Investment Property You may be able to use a VA loan for investment property.
Once a home is condemned, it may not be inhabited again until it has been rehabilitated and inspected, if that’s even possible. In the past month, 199 homes have been sold in Rockford. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. “I am not aware of firm timeline for completion, however,” Franzen said in a response to a message from the Rock River Current.
How to buy a home in Rockford, IL
Please independently verify all information including square footage/unit, schools, and taxes. Great investment opportunity - 2-unit building. The lower level has been nicely redone. Large living room and dining area with new LVP flooring, two bedrooms, and one full bath. Kitchen with stainless steel stove and sink. The upper level is in the process of being updated to the same quality of work as the lower level.
Great location and great potential for rental income! Unit 3 is not to be shown until after property under contract. Units 1,2,4 are available for showings. Great Investment opportunity or live in!! Freshly painted and newly resurfaced wood flooring in this attractive Colonial style duplex building with lots of character!
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Two cats were also successfully removed and turned over to animal control. The damage was so bad, the Rockford Building Department arrived and condemned the home.
Our Rockford real estate stats and trends will give you more information about home buying and selling trends in Rockford. In the midst of Haight Village Historic District is this Duplex built in the 1900 with Historic Status. Own a part of history and bring this diamond in the rough to its natural beauty. A rare find with both units having 4 bedrooms. ROCKFORD — KFC has started making repairs to its location on 11th Street that was condemned in May after a gas leak was discovered at the property. A home’s condemned status can be reversed, too, as long as the reasons it was condemned in the first place are corrected.
Investment Opportunity - 4-Unit Building; Three units have been freshly painted, have new LVP flooring, and kitchens and baths have been updated. All units have their own furnace and each pay their own gas and electricity. Owner pays water, sewer, and garbage. Plenty of off-street parking and near a bike path.
Close to schools, shopping, restaurants. Schedule your private showing today. You can also check with your city or county to see if they keep a list, or even a website, with local condemned homes. These condemned house lists can give you a great place to start looking if you’re interested in buying a condemned and abandoned property. Investment Opportunity - 3-bedroom and 2-bedroom units.
The Maple Street homes are on a list of 66 houses across the city up for demolition. Rockford Building Code Official Thaddeus Mack said they’ll be among the first to come down. Mack says the houses are ranked. Those rankings are based on several conditions, including the property’s condition or it’s unsecure. Mack says one of the goals of the demolition list is to improve the neighborhoods and residents have been a big part of that process.
Separate gas and electric; units have been updated. Buying or selling these properties may involve jumping through a few hoops, but the value that can be found in a condemned lot can be well worth the extra work. There is likely a condemned house somewhere in the neighborhood you live in. Some are so far gone that demolition is the only answer, while others just need some good TLC to bring value to their owner. Here’s what happens when a house is condemned, and what it could mean in terms of buying, selling or simply owning that property. There are currently 35 multi family homes for sale in Rockford at a median listing price of $88.45K.
Tenants pay their own electricity. Owner to pay gas, water, sewer, and garbage. Great 2 story duplex located on a spacious corner lot with newer roof and 3 car garage. Walk up attic is accessible from upper unit and is unfinished. Laundry hook-up in the basement.
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