1223-1225 Andrews Street, Rockford, IL

$237,500

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4

Beds

About 1223-1225 Andrews Street

Excellent investment opportunity! This well-maintained 4-unit multifamily property is being sold together with an adjacent vacant lot, offering additional value and future potential. The building features four separate units with strong rental income potential of approximately $2,800 to $3,000 per month when fully occupied. Recent updates include new LVP flooring throughout all four units, fresh paint in every unit, and newer windows throughout the property. The rear unit at 1225 has been fully renovated and showcases a new kitchen and updated flooring, making it move-in ready. The property is separately metered with 4 gas meters, allowing tenants to be responsible for their own utilities. There is 1 water meter serving the property, and each side of the building has its own water heater. Additionally, the flat roof on 1223 was replaced in August 2025. Whether you're looking to expand your portfolio or start investing in multifamily real estate, this property offers solid cash-flow potential with major updates already completed. Adjacent vacant lot included in the sale!

Features of 1223-1225 Andrews Street

MLS® # 12780115
Price $237,500
Bedrooms 4
Bathrooms 0.00
Year Built 1910
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 1223-1225 Andrews Street
Area Rockford
City Rockford
County Winnebago
State IL
Zip Code 61101

Amenities

Parking Spaces 2
Parking Side Apron, Yes
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Vinyl Siding
Roof Asphalt, Rubber

School Information

District 205

Additional Information

Days on Market 1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty of America, LLC

Listing Map

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