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$ 85,000
Est. payment /mo
New
225 Foster Avenue Rockford, IL 61102
2 Beds
1 Bath
759 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 759 sqft
Price per Sqft $111
Subdivision Il
MLS Listing ID 202606882
Style Ranch
Bedrooms 2
Full Baths 1
Annual Tax Amount $1,177
Tax Year 2025
Lot Size 5,227 Sqft
Property Sub-Type Ranch
Property Description
4-Property Single-Family Investment Portfolio in Rockford. SOLD AS A PACKAGE ONLY. WILL NOT SEPARATE. Excellent opportunity to acquire four income-producing, 2-bedroom, 1-bathroom single-family homes, all extensively renovated in 2024 and currently tenant-occupied with established rental histories. Recent improvements include updated kitchens, bathrooms, flooring, electrical, windows, and interior finishes, along with additional mechanical and exterior upgrades. Current rental income is $4,025/month ($48,300 annual gross). Seller will NOT split up or sell properties individually. Financing limited to portfolio, commercial, blanket, or DSCR loans. Do not disturb tenants. Illinois law requires buyers working with a real estate agent to have a signed written buyer brokerage agreement in place before touring a property.
Location
State IL
Area Winnebago County
Rooms
Family Room No
Primary Bedroom Level Main
Dining Room No
Interior
Hot Water Gas
Heating Forced Air, Natural Gas
Cooling None
Exterior
Exterior Feature Siding, Vinyl
Roof Type Shingle
Building
Sewer City/Community
Water City/Community
Schools
Elementary Schools District 205-Rfd
Middle Schools District 205-Rfd
High Schools District 205-Rfd
School District Rockford 205
Listed by Realty of America, LLC