721 2nd Avenue, Rockford, Illinois 61104


$160,000

For Sale
Status: Pending
Sqft: 0
Cost/Sqft:
Beds: 4
Baths: 0
Year Built: 1922
Property Taxes: $1,819
Days On Market: 3
Lot Size: 0,00
Map
Street View

Description

3-Unit Investment Property - Turnkey & Updated! Great opportunity to own this well-maintained 3-unit apartment building, perfect for investors or owner-occupants looking to generate rental income. The property features three fully rented units with a strong rental history: Lower Unit: Spacious 2 bedroom layout currently renting for $1000 per month. Second Floor Unit: 1 bedroom with newer kitchen cabinets and countertops, is vacant and has a past rental history of $800/month. Third Floor Studio: Cozy studio apartment currently rented for $600/month. Recent updates include fresh interior paint and some new flooring throughout the property, ensuring a clean and modern look. Tenants enjoy the convenience of off-street parking and a full basement offering extra storage or potential utility space. Whether you're expanding your portfolio or just getting started, this income-producing property is a solid investment with immediate cash flow. Don't miss out-schedule your showing today!

Property Specifics

Multi-unit
1922
No
Winnebago
— / —
12478923
1126206005

Property History

DATE: EVENT: PRICE: SOURCE:
24 Sep, 2025 Under contract $160,000 MRED MLS
22 Sep, 2025 Listed for sale $160,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

132 x 41
Not in DB

Tax History

Year Property Taxes
2025 $1,819

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Listing Provided By

Sturtevant 2K Real Estate LLC