1320 Parmele Street

Rockford, IL 61104

$110,000
Price
4
Beds
2
Baths
1,960 Sq. Ft.
$56 / Sq. Ft.
1,960
Sq. Ft.
$56
per Sq. Ft.

Description

Secure Your Financial Future with this Income-Generating Property! With units set up as upper and lower levels, this 2 Unit Multifamily Building presents a lucrative investment opportunity. The upstairs tenant pays $600 per month with a lease end date of 8/31/24, while the downstairs tenant pays $700 per month on a month-to-month lease. Conveniently located near shopping and public transportation, this property promises consistent rental income. Take advantage of the owner's openness to owner financing...Secure Your Financial Future with this Income-Generating Property! With units set up as upper and lower levels, this 2 Unit Multifamily Building presents a lucrative investment opportunity. The upstairs tenant pays $600 per month with a lease end date of 8/31/24, while the downstairs tenant pays $700 per month on a month-to-month lease. Conveniently located near shopping and public transportation, this property promises consistent rental income. Take advantage of the owner's openness to owner financing and capitalize on this incredible chance to grow your wealth.
  1. Listed by Sully Cadengo • Stateline Real Estate LLC
    P: (815)-398-8899 C: (779)-203-3570 sully@statelinerealestatellc.com

Property Details for 1320 Parmele Street

Style
2 Story
Total # of Parking Spaces
2
LISTING UPDATED: 10/14/2024 11:36 AM

Property Details for 1320 Parmele Street

StatusPending
MLS #202404530
Days on Market58
Taxes$1,883 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2 Units
Year Built1910
Lot Size-
CountyWinnebago County

Building Information for 1320 Parmele Street

Stories2Residences2Year Built1910Building Size-Lot Size-

Property Information for 1320 Parmele Street

Summary
Location and General Information
  • Grid: 71
  • City: ROCKFORD
  • State: IL
  • Zip: 61104
  • Address: 1320 Parmele
  • County: Winnebago County
  • Zip Code: 61104
  • Year Built: 1910
  • School District: Rockford 205
  • Elementary School 1: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD
Taxes and HOA
  • Tax Year: 2023
  • Taxes: $1,883
Property
Lot Information
  • Est Below Grade Fin SqFt: 0
  • Est Total Finished Sq. Ft.: 1960
  • Est Above Grade SqFt: 1960
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 2 Units
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: No
  • Separate Electric Y/N: Yes
  • Separate Water Y/N: No
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl
  • General Features: None
  • Roof: Shingle
Interior Features
  • Water Heater: Gas
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Appl Stay/Incl: Refrigerator, Stove/Cooktop
  • Basement Y/N: Yes
  • Separate Heat Y/N: Yes
  • Washer/Dryer CoinOp Y/N: No
  • Washer/Dryer Hookup Y/N: Yes
  • Washer/Dryer Y/N: No
Multi Family
Income and Expenses
  • Insurance/YR: $0
  • Maintenance/YR: $0
  • Management/YR: $0
  • Utilities/YR: $0
  • Legal/Account/YR: 0
  • Other/YR: 0
Multi Family Information
  • Number of Floors in Bldg: 2
  • Number of Tenants in Bldg: 1
  • Number of Units: 2
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: 1
  • Unit 1 # Beds: 2
  • Unit 1 AC: N
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 6
  • Unit 1 # Baths: 1
  • Unit 1 Heat: 1
  • Unit 1 SqFt: 1000
  • Unit 1 Lease/Deposit: 0
  • Unit 1 Rent: 700
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: 1
  • Unit 2 # Beds: 2
  • Unit 2 AC: N
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 5
  • Unit 2 # Baths: 1
  • Unit 2 Heat: Y
  • Unit 2 SqFt: 960
  • Unit 2 Lease/Deposit: 0
  • Unit 2 Rent: 600
Rental
Rent Information
  • Lease: No

Property History for 1320 Parmele Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1320 Parmele Street

Taxable ValueLand$1,371Additions$16,769Total$18,140
Tax Record2023$1,884 ($157 / month)
Home Facts
Total Finished SqFt1,960 SqFtAbove Grade Finished SqFt1,960 SqFtStories2Lot Size6,970 SqFtStyleDuplexYear Built1910ZoningR2CountyWINNEBAGOAPN11-25-362-006

Schools near 1320 Parmele Street

This home is within Rockford School District 205.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 3 to 5
Rating
School
Distance
C Henry Bloom Elementary School
PublicK to 5

Abraham Lincoln Middle School
Public6 to 8

Rockford East High School
Public9 to 12

Cherry Valley Elementary School
Public3 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Stateline Real Estate LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/14/2024 11:36 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.