Unlock the potential of this four-unit investment property. Whether you're looking to renovate and maximize cash flow or add value to your rental portfolio, this property offers an excellent opportunity. The building consists of four rental units and is ready for improvements, making it ideal for investors, flippers, or owner-occupants looking to build equity. Previous rental configuration included one 2-bedroom unit with a garage, one 1-bedroom unit, and two studio apartments, providing multiple income streams once renovated. Conveniently located near downtown Rockford, public transportation, shopping, schools, and local amenities.
Come take a look at this meticulously rehabbed beautiful 3 BR 1 Bath ready to move-in home! Everything is already done for you. Perfect for whether you live in it or use as an investment, it’s the right fit for anyone. Plenty of storage space in the basement/Lg. crawl space. 2 car garage. Property is being sold AS-IS but welcomes all inspections.
Excellent investment opportunity! Well-maintained two-unit building featuring two spacious 3-bedroom, 1-bath apartments, each capable of generating no less than $1,200 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 an ideal opportunity for investors or owner-occupants alike. A detached 495 SF outbuilding/garage with an upper level offering exceptional flexibility for storage, a workshop, hobby space, or future creative use. Conveniently located near schools, shopping, restaurants, parks, and
Income-producing mixed-use opportunity in Rockford’s Midtown District! 602-608 7th Street features two (2) second-floor residential units that are already rented and generating a combined $1,800/month ($21,600 annually) in rental income. The main level offers two (2) commercial storefronts currently opened into one larger space and set up for a barbershop. The commercial space is ready for immediate use, giving a new owner the flexibility to operate their own business, lease the space for additional income, or reconfigure it for another concept. With established residential income, annual property taxes of just $2,635, and significant upside through the first-floor commercial space, t
Based on information submitted to the MLS GRID as of Sun Oct 25 2026. 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.