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$220,000 Just Listed
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Property Description
Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1 bath apartments, each capable of generating no less than $1200 per month in rental income. Numerous 2025 updates include fresh paint throughout, all new windows, new HVAC and central A/C, new flooring, and a new refrigerator and stove in the first-floor unit. Separate entrances and functional layouts make this a great opportunity for investors or owner-occupants alike. Conveniently located near schools, shopping, restaurants, parks, and major roadways. Move-in ready with excellent income potential!
Full Property Details
Full Property Details for 434 16th Ave
General
- Price: $220,000
- Taxes: $1,500 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12708960
- Updated: 7/19/2026
- Added to Site: 4 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Security Cameras, Water Heater-Gas
- Other Features: School Bus Service, Commuter Bus
Parking
- Garage: Yes
- Total Spaces: 2
- Parking Features: Off-Street, Driveway, On Street, Alley Access, Garage Faces Rear, Yes, Owned
Location
- Area: Rockford
- County: Winnebago
- Township: Rockford
- Driving Directions: East Riverside Blvd. to Forest Hills Rd. to Walnut St. to Kishwaukee St. to 16th Ave.
School Information
- School District: 205
- Elem School District: 205
- Midd School District: 205
- High School District: 205
- Elementary School: Julia Lathrop Elementary School
- Middle School: Rockford Envrnmntl Science Acad
- High School: Jefferson High School
- Private School: Jefferson High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Stone/Rock, Full
- Foundation: Stone
- Roof: Asphalt
- Year Built: 1923
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Additional Structures
- Other Structures: Outbuilding, On Street, Garage Faces Rear
Lot Features
- Lot Size (Acres): 0.18
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 160.4 x 50
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1923
- Tax Amount: $1,500
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1135105018
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Schools
Schools serving 434 16th Ave
School District:Rockford School District 205
| Name | Grades | Distance |
|---|---|---|
Julia Lathrop Elementary School 2603 Clover Avenue, Rockford, IL 61102 | K-5 | 1.2 mi |
Rockford Envrnmntl Science Academy 1800 Ogilby Road, Rockford, IL 61102 | 6-8 | 1.7 mi |
Jefferson High School, Rockford, IL 4145 Samuelson Road, Rockford, IL 61109 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 434 16th Ave
Date
Details
Price
Change
Source
7/17/2026
Listed
$220,000
285.96%
MLS
6/26/2025
Sold
$57,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 434 16th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,500
100%
$21,832
13%
2023
100%
$19,250
22%
2022
-100%
$15,776
9%
2021
$1,100
—
$14,466
6%
2021
$1,100
-8%
$13,676
5%
2019
$1,202
-10%
$13,035
-7%
2017
$1,331
-2%
$14,037
2%
2016
$1,355
-1%
$13,774
—
2015
$1,372
7%
$13,774
-6%
2018
$1,280
-6%
$14,667
-3%
2014
$1,364
-12%
$15,104
-12%
2013
$1,551
-42%
$17,076
-17%
2012
$2,665
—
$20,659
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 434 16th Ave
434 16th Avenue, Rockford, IL 61104 (MLS# 12708960) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 434 16th Avenue is currently listed for $220,000 and was received on July 17, 2026. Want to learn more about 434 16th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Rockford? You can browse all Rockford real estate or contact a Coldwell Banker agent to request more information.

