Attention Investors! Exceptional opportunity awaits at 304 N Independence Ave, Rockford, IL! Discover this expansive 2-story fourplex, a gem for savvy investors seeking a high-potential, low-maintenance property. This 4-unit offers immediate rental income and significant growth potential. Each unit is thoughtfully designed with three spacious bedrooms and one well-appointed bathroom. Enjoy the modern touch of luxury laminate wood floors throughout, complemented by freshly painted walls. The beautifully updated kitchens feature stylish cabinets, ample counter space, and all necessary appliances, ensuring a delightful experience for tenants. Rents are also below market. Each unit's generous layout ensures ample space for tenants to live and thrive. Additional highlights include a full basement providing extra storage or potential for further development, a double lot with an expansive additional lot at the back perfect for outdoor activities or future enhancements, and a prime location wonderfully situated on a corner lot next to Lewis Lemon Elementary School, making it an ideal home for families with young children. The property features separate utilities for each unit, simplifying management and billing, and includes all appliances, ensuring a seamless move-in experience for tenants. This property is visibly and strategically located, offering convenience and appeal. It's an excellent investment for those looking to expand their portfolio with a property that promises ease of maintenance and strong rental demand.
Room Features
Basement DescriptionPartially Finished
Lot & Building Features
HeatingElectric, Natural Gas
Parking DescriptionSpace/s
SewerPublic Sewer
Tax Year2022
WaterPublic
Lot Dimensions4941 SQ FT ft
Community and Schools
Elementary School205
Price History of 304 Independence, Rockford, IL
Date
Name
Price
Difference
12/31/1969
Listing Price
$289,900
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
304 Independence (MLS #12169826) is a residential income listing located in Rockford, IL.
This property was listed on 09/20/2024 and has been priced for sale at $289,900.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Realty One Group Excel