1203 7th Street Rockford, IL $ 489,900
1203 7th Street
$ 489,900
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1203 7th Street

Rockford, IL, 61104
$ 489,900
Bedrooms-- Baths--

Monthly Estimate*

$ 3,056

1203 7th Street, Rockford, IL 61104 - Image 1

Commercial Property for sale in Rockford, IL

for $489,900. This building was built in 1970 on a lot size of 0.673301.

Investment Opportunity! Imagine owning a thriving strip center in the heart of Rockford, just minutes away from Downtown Broadway's vibrant atmosphere. Surrounded by charming residential houses, this strip center enjoys excellent foot traffic and offers a unique blend of retail and office spaces. Currently, three out of five spaces are leased to long-term tenants, including a convenient store, African food store, and office space. The remaining two spaces present opportunities for growth, with one potentially being converted into a restaurant with existing partial kitchen infrastructure.

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Commercial Active

Price

$ 489,900

Property Type

Commercial

Taxes

$ 13,418

Style

Lot Size

0.673301

Year Built

1970

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

12495434

Features
General
Cooling Central Air
Year Built 1970
Electric Circuit Breakers
Stories Count 1
Property Subtype Mixed Use
Tax Year 2024
Gross Income 81900
County Winnebago
Insurance Expense 2500
Property Type Commercial Sale Mixed Use
Status Active
Directions Drive on N 2nd St goes to N 6th St then turn left to 11th Ave last turn right to the strip center.
City Rockford
Number Of Units Total 5
MLS Area Rockford
Lot Size Square Feet 29329
Tax Annual Amount 13418
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Total Actual Rent 4525
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Exterior
Lot Dimensions 189.11 by 156.75 by 189.11 by 156.75
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* Excluded Features
List By
Alice Lin

Listing Agent

Loves Park - Weichert, Realtors® - Tovar Properties

Broker

Affordability Calculator

$4,175
Per Month
73%
27%
0%
Monthly Principal & Interest
$3,056
Monthly Property Taxes
$1,118
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$489,900 Listed Price

Map


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1203 7th Street, Rockford, IL, 61104 is a Commercial Property for sale at $489,900 with a lot size of 0.673301. 1203 7th Street was built in 1970. The property's zip code is 61104 which is in Rockford, IL