721 2nd Avenue, Rockford, Illinois 61104
$160,000
For Sale
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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 |
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 | |
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1922 | |
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No | |
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Winnebago | |
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12478923 | |
1126206005 |
Property History
DATE: | EVENT: | PRICE: | SOURCE: |
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24 Sep, 2025 | Under contract | $160,000 | MRED MLS |
22 Sep, 2025 | Listed for sale | $160,000 | MRED MLS |


Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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132 x 41 | |
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Not in DB | |
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Tax History
Year | Property Taxes |
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2025 | $1,819 |
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Listing Provided By
Sturtevant 2K Real Estate LLC