4115 Harrison Avenue, Rockford, IL
  • $2,449,000
  • $2,450,000

Description

Currently fully occupied 24-unit, this building has 76 new windows, 16 new sliding doors, all new steel siding costing over 100K, many apartments have updated plumbing. Water heater is from 2018, building is fully turn key, most units are updated/renovated. Monthly rent roll is just over $20k with a lot more room for growth and potential. Only 5 minutes to I-39, I-90, and US20, and in the hottest market in the US. Rents should be $1200 for 2 bedroom units and $1100 for 1 bedroom units, building should be producing $30k proforma, without doing much work. Not many buildings like this for sale in Rockford!

  • Listing Courtesy of: Realty One Group Excel

Details

Updated on June 27, 2026 at 6:03 am
  • Property ID MRD12538449
  • Price $2,449,000
  • Land Area 1.82 Acres
  • Year Built 1970
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 1605105006
  • Water Source Municipal Water
  • MLS Status Active
  • Days On Market 167
  • Living Area 1.82
  • Cumulative Days On Market 145
  • Tax Annual Amount 27000
  • Cooling Central Air,Wall Sleeve
  • Directions Take Harrison Ave Exit from I39 & I90 intersection, go West 3 miles on Harrison to building.
  • BuildingAreaTotal 21516
  • LotSizeSquareFeet 79279
  • StoriesTotal 3
  • Zoning MULTI
  • Address 4115 Harrison Avenue
  • City Rockford
  • State/county IL
  • Zip/Postal Code 61108
  • Country United States

Overview

Property ID: MRD12538449
  • Multi Family
  • Property Type
  • 1970
  • Year Built

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