Two Unit Investment Opportunity! Featuring two one bedroom units, ideal for investors or an owner-occupant. The upper unit is currently rented at $680/month (below market), offering immediate upside with rents projected between $975-$1,000+ per unit. The property has a solid roof (approx. 10 years old) and sits on a large lot directly next to a park, adding strong tenant appeal. Built in the early 1900s. With a gross potential annual income of $23,400, this is a great opportunity to increase cash flow and build equity. Perfect for investors looking to add value or live in one unit while generating income from the other. Property is being sold As-Is.
Property Features
Heating Information
Natural Gas
Forced Air
Basement
Unfinished
Full
Water Features
Public
School Information
School Information for 1105 N Horsman Street, Rockford, IL 61101
Elementary School
Lewis Lemon Global Studies Acad
Middle School
Kennedy Middle School
High School
Auburn High School
Listing Courtesy: Gambino Realtors Home Builders - 815-282-2222
Based on information submitted to the MLS GRID as of 2026-04-04 03:10:33. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-04-04 03:10:33
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Market statistics compiled from data from Midwest Real Estate Data.