501 Fairview Avenue, Rockford, IL 61108 - Photo 1

1/1

$219,000

Sold
Closed
Multi-Family
4 Total Beds
2 Car Garage

1/1

Property Description

Look No Further! Fantastic opportunity to own this all-brick, ranch-style 2-family duplex situated on a spacious corner lot in a highly desirable location! Each unit has been thoughtfully updated with new bathtubs, tile, vanities, and toilets. You'll also find beautiful hardwood floors and eat-in kitchens with stylish tiled backsplashes. One unit features a finished lower level with a full bath-ideal for extra living space or additional rental income. This property is perfect for owner-occupants looking to offset their mortgage with rental income from the second unit, or for savvy investors seeking a solid addition to their portfolio. Additional Highlights: Separate basements for each unit. Attached garage. Expansive lot with plenty of outdoor space. Property is being sold As-Is. Don't miss out on this income-generating gem in a prime location!

Full Property Details

Full Property Details for 501 Fairview Ave

General

Sold For: $219,000
Taxes: $3,310 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12413179
Added to Site: 193 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 4

Parking

Garage: Yes
Attached garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
Parking On-Site: Yes

Location

Area: Rockford
County: Winnebago
Driving Directions: E. State to Fairview Ave

School Information

School District: 205
Midd School District: 205

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Architectural Style: Ranch
Construction: Brick
Exterior Const.: Brick
Basement Desc.: Partially Finished, Full
Roof: Asphalt
Year Built: 1958
Built Before 1978: Yes

Unit Information

Units in Building: 2

Lot Features

Lot Size (Acres): 18.18
Lot Size Range: Less than .25 Acre
Lot Dimensions: .18

Financial Considerations

Assessment Year: 1958
Tax Amount: $3,310
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 1230280015

Listed by Gambino Realtors Home Builders
Sold by Non Member

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— 501 Fairview Ave —

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Schools

Schools serving 501 Fairview Ave

School District:Rockford School District 205

Name	Grades	Distance
Maud E Johnson Elementary School 3805 Rural Street, Rockford, IL 61107	K-5	0.9 mi
Abraham Lincoln Middle School 1500 Charles Street, Rockford, IL 61104	6-8	1.5 mi
Rockford East High School 2929 Charles Street, Rockford, IL 61108	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 501 Fairview Ave

Date

Details

Price

Change

Source

8/06/2025

Sold

$219,000

—

MLS

7/07/2025

Listed

$219,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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501 Fairview Ave, Rockford, IL 61108 - Photo 1

Sold

$219,000