$1,155,000
( )
 $6,200 est/mo Sourced by Back At You

196 Flintridge Drive,Rockford, IL 61107

Rockford, IL 61107

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Description

Excellent opportunity to acquire two well-maintained 11-unit apartment building with 21 of 22 units currently occupied. Sold together with 208 Flintridge Dr. One vacant unit is intentionally being kept available for easy showings and provides an immediate leasing opportunity. The property features an average monthly rent of $1,070 per unit, offering strong in-place cash flow with additional upside through lease renewals and future rent growth. Major capital improvements have already been completed, including one roof replaced within the last 10 years. The buildings are served by four hot water heaters, with two approximately 7 years old and two recently replaced, helping reduce future capital expenditures.

Details

MLS #12711569
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusPending
Year1968
Days On Site73
Listing Provided ByRealty One Group Strategies | Philip Williams

Features

Story(s)2
Units11
ZoningMULTI

Interior

CoolingWall Sleeve

Taxes

Tax Year2025
Tax Annual Amount34222

Area Information

StateIL
CountyWinnebago
CityRockford
Zip Code61107
AreaRockford
Listing VS Median (in 61107)
Price:
$1,155,000
low | high
Med:
$234,000
100% of Average
On site:
73
low | high
Med:
60
100% of Average
Sourced by Back At You

Market Activity 61107

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Learn More About This Property

StateIL
CountyWinnebago
CityRockford
Zip Code61107
AreaRockford
Listing VS Median (in 61107)
Price:
$1,155,000
low | high
Med:
$234,000
100% of Average
On site:
73
low | high
Med:
60
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $866K - $1.443M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
208 Flintridge Drive Property Photo 1
$1,155,000
208 Flintridge Drive
Rockford, IL 61107
Listing Updated: September 29, 2026 at 2:57:37 PM PDT