720-722 Locust ST, Rockford, IL 61101
720-722 Locust ST, Rockford, IL 61101
720-722 Locust ST, Rockford, IL 61101
720-722 Locust ST, Rockford, IL 61101
720-722 Locust ST, Rockford, IL 61101
720-722 Locust ST, Rockford, IL 61101
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$ 160,000
Est. payment | /mo

5 Beds

2 Baths


Save
$ 160,000
Est. payment | /mo
Save

5 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12745782

Bedrooms 5

Year Built 1910

Annual Tax Amount $2,039

Tax Year 2025

Lot Dimensions 33X73X34X77

Property Sub-Type Two to Four Units

Property Description

Great opportunity to own a two-unit property featuring a 3-bedroom, 1-bathroom upper unit and a 2-bedroom, 1-bathroom lower unit. The upper unit is currently occupied and rents for $850 per month, providing immediate rental income. The lower 2-bedroom unit is currently vacant, offering the opportunity for a new owner to lease the unit or use it as an owner-occupied residence, subject to applicable requirements. Both units feature one bathroom, and the property offers street parking. With one unit currently generating rental income and the second unit vacant, this property presents an opportunity for an investor or owner-occupant looking to add a two-unit property to their portfolio. Schedule your showing today!

Location

State IL

County Winnebago

Area Rockford

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 205 , 205, 205

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Ricky Davis of  Stateline Real Estate LLC 

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Nicholas Rhoads

Nicholas Rhoads

Broker License ID: 475200895

+1(815) 520-4782

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720-722 Locust ST