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415 Sherman Street Rockford, IL 61103 • Multi Unit - Multiple • Active

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  • 415 Sherman Street, Rockford, IL 61103 Main Photo

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Description

Well maintained side-by-side brick duplex located in the desirable Churchill Grove Neighborhood. Walking distance to the Rock River and just a minute's drive away from downtown, banks/shopping, restaurants. There is also a playground directly across the street. This colonial style building offers 2 bedrooms and 1 bathroom in each unit (currently month-to-month tenants paying $900 each). The primary bedrooms are huge with plenty of natural light shining in and nice-sized walk-in closets. The first floor features a living room, dining room and kitchen with lots of cabinet space. Both sides have their own basement space with additional storage. This building is a good fit for an investor looking to add to their portfolio or an owner who would like to live in one unit and rent the other side. NO garage. Parking pad in back. Unit# 1, the washer and dryer stay as well as the three window a/c units. Water heater and refrigerator are 5 years old. The furnace in Unit# 1 is 10 years old.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 2,080
County: Winnebago
Listed By:
Gambino Realtors
Rockford Board of Realtors
$200,000
Est. $1,442/mo
2,080sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET2,080 MLS#202606541
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 205

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415 Sherman Street, Rockford, IL 61103.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $200,000$200,000$200,000
Down Payment $40,000$7,000$50,000
Monthly Mortgage Amount $1,064$1,307$1,296
Taxes $278$278$278
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$88$0
Monthly Estimated Total $1,442$1,772$1,674

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