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$227,900

Est. payment - /mo

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4 Beds

2 Baths

5,227 Sqft Lot

New

712-14 Van Wie AVE Rockford, IL 61103

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Edgewater

MLS Listing ID 12355334

Bedrooms 4

Year Built 1935

Annual Tax Amount $2,628

Tax Year 2023

Lot Size 5,227 Sqft

Lot Dimensions 5227

Property Sub-Type Two to Four Units

Property Description

Charming and Versatile Two-Family Home - Ideal for Investors or Owner-Occupants! Welcome to this well-maintained and versatile two-unit property offering a perfect blend of comfort and potential. Whether you're looking to live in one unit while generating rental income from the other, or seeking a turnkey investment opportunity, this property is a fantastic find. The second-floor unit is vacant and move-in ready, featuring hardwood floors throughout, fresh neutral paint, a spacious eat-in kitchen with ample cabinet space, a separate formal dining room, and a large sun-filled living room-ideal for entertaining or relaxing with loved ones. The first-floor unit is currently occupied by a tenant on a month-to-month lease. She is actively looking for new housing, but move-out timing is uncertain. The new owner may need to assume the existing lease if the tenant remains at the time of closing. There is no security deposit on file for this unit. Both units are similar in layout, with the first floor needing just a little bit of TLC. 24-hour notice is required for showings of the occupied unit. Step outside to enjoy a generously sized backyard, perfect for gatherings, gardening, or simply enjoying the outdoors. There's also potential to create a peaceful retreat or entertainment space. Additional Highlights: Low-maintenance exterior, Potential for additional income or multi-generational living, Plenty of natural light throughout both units, Close to parks, museums, gardens, schools, public transit, and local shops. This property is being sold as-is. Don't miss out on this opportunity to own a solid, income-producing property in a desirable area. Schedule your private showing today and explore the possibilities!

Location

State IL

County Winnebago

Area Rockford

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Equipment CO Detectors

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Park

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools West View Elementary School

Middle Schools West Middle School

High Schools Guilford High School

School District 205 , 205, 205

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Sandra Alcantar • GREAT HOMES REAL ESTATE, INC.

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106