434 16th Avenue, Rockford, IL 61104
Winnebago County
Key Facts
Description
Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1 bath apartments, each capable of generating no less than $1200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit. Separate entrances and functional layouts make this a great opportunity for investors or owner-occupants alike. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1923
Lot Size
0.18 acres
Lot Dimensions
160.4x50
Parking Spaces
2
Ownership
Fee Simple
Zoning
MULTI
Days on Market
3
MLS® Listing#
12708960
Property Features
Cooling
Heating
Basement
Parking
Patio
Construction
Foundation
Roof
Other Structures
Community
Sewer
Water Source
Schools
- Elementary:
- Julia Lathrop Elementary School
- Middle:
- Rockford Envrnmntl Science Acad
- High:
- Jefferson High School
- District:
- Jefferson High School
Financial Details
Annual Taxes
$1,500
Tax year 2024
Parcel Number
1135105018
Directions
East Riverside Blvd. to Forest Hills Rd. to Walnut St. to Kishwaukee St. to 16th Ave.
Affordability Calculator
$44,000
Estimated monthly payment
$1,171/mo
Principal $176,000 · Est. interest $245,536 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Rockford, IL
- $225,954
- Median Listing Price
- 27
- Median Days on Market
- 1,567
- Median Sq Ft
- $123
- Median Price / Sq Ft
- 308
- Active Listings
- This home’s price is 3% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Rockford, IL.
Location
Points of Interest in Rockford, IL
Showing the Rockford area map.
Nearby Schools
Beyer Early Childhood Center
School · 0.1 mi away
Rockford Public Schools
School · 0.4 mi away
Kishwaukee Elementary School
Elementary · 0.6 mi away
King Elementary School
Elementary · 0.9 mi away
Rockford Public Schools
Secondary · 1.0 mi away
Rockford School District 205
School · 1.0 mi away
Washington Elementary School
Elementary · 1.0 mi away
St Paul Academy
School · 1.1 mi away
Julia Lathrop Elementary School
Elementary · 1.2 mi away
Barbour Elementary School
Elementary · 1.3 mi away
Lincoln Middle School
Secondary · 1.4 mi away
All Saints Catholic Academy
School · 1.5 mi away
John Nelson Elementary School
Elementary · 1.5 mi away
Jackson Charter School
Elementary · 1.6 mi away
Jackson Elementary School
Elementary · 1.6 mi away
Resa Middle School
Secondary · 1.7 mi away
Riverdahl Elementary School
Elementary · 2.0 mi away
Rockford School District Riverdahl School
School · 2.0 mi away
Ellis Elementary School
Elementary · 2.1 mi away
Haskell Academy
Elementary · 2.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 710 Kishwaukee Street, ROCKFORD, IL | $169,900 | 6 | — | — |
| 710 Kishwaukee Street, Rockford, IL | $169,900 | 6 | 2 | — |
| 1304 Benton Street, ROCKFORD, IL | $179,900 | 5 | — | — |
| 948 S 3rd Street, Rockford, IL | $189,999 | 11 | 2 | — |
| 954 N Church Street, ROCKFORD, IL | $209,900 | 5 | — | — |
| 1721 S 5th Street, Rockford, IL | $229,000 | 5 | 2 | — |
Moving Cost Estimate
EXIT Agents in Rockford
Listing Courtesy: RE/MAX Plaza - 8153384455
Last Updated: 2026-07-17