Closed

$160,000

721 2nd Avenue, Rockford, IL 61104
4 Beds3 Baths3 days
721 2nd Avenue·Rockford, IL 61104
4Bedrooms
3Bathrooms
1922Year Built
About This Home

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!

MLS# 12478923Listed September 22, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Total Rooms10

Size & Structure

Year Built1922
Lot Size132 x 41

Location

CountyWinnebago
TownshipRockford
Zip Code61104

Financial

List Price$160,000
Annual Taxes (2023)$1,819
Monthly Tax Est.$152
Parcel #1126206005
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Aluminum Siding

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off StreetYes
Tax & Financial
Annual Taxes
$1,819
Tax Year 2023
Monthly Tax Est.
$152
per month
Property Location

721 2nd Avenue, Rockford, IL 61104 — Winnebago County

$160,000
721 2nd Avenue
4 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
132 x 41
$1,819/yr taxes
$992
estimated monthly payment
Principal & Interest
$841/mo
Property Tax
$152/mo
$160,000
20% — $32,000
3%50%
6.875%
3%12%
Loan Amount
$128,000
Down Payment
$32,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Sturtevant 2K Real Estate LLC
Agent: Jeffrey Sturtevant
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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