720-722 Locust Street Rockford, IL $ 160,000
720-722 Locust Street
$ 160,000
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720-722 Locust Street

Rockford, IL, 61101
$ 160,000
Baths0.0 Sq 2,184

Monthly Estimate*

$ 1,010

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Studio

Multi-Family Home for sale in Rockford, IL

for $160,000. This home is 2,184 square feet.

Great opportunity to own a two-unit property featuring a 3-bedroom, 1-bathroom upper unit and a 2-bedroom, 1-bathroom lower unit. The upper unit is currently occupied and rents for $850 per month, providing immediate rental income. The lower 2-bedroom unit is currently vacant, offering the opportunity for a new owner to lease the unit or use it as an owner-occupied residence, subject to applicable requirements. Both units feature one bathroom, and the property offers street parking. With one unit currently generating rental income and the second unit vacant, this property presents an opportunity for an investor or owner-occupant looking to add a two-unit property to their portfolio. Schedule your showing today!

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Multi-Family Active

Price

$ 160,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,038

Style

2 Story

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

202605439

Features
General
Sewer City
Heating Forced Air Natural Gas
Cooling None
Utilities 0
Possession Closing
Roof Shingle
Water City
Water Heater Gas
Electric Circuit Breaker
Style 2 Story
Class MULTIFAMILY
Type 2 Units
Parcel Number 1122235003
HUD No
Tax Year 2025
Status ACTIVE and AVAILABLE
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Short Sale No
Primary City Rockford
Year Built 1910
High School District 205-RFD
City ROCKFORD
Taxes 2038
School District Rockford 205
Elementary School District 205-RFD
Middle School District 205-RFD
Legal Description RESUB OF LOTS 7-8-9 + PT LOT 6 OF PLT OF SUB OF BLK 65 MORGAN + HORSMANS ADDN LOT 003
DOM 0
Postal Code 61101
Price Per Sq Ft Total AG 73.26
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Exterior
Exterior Brick/Stone
Parking Spaces 0
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Interior
# of Units 2
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* Excluded Features
List By
Ricky Davis

Listing Agent

Stateline Real Estate Llc

Broker

Rick@rickdavisrealtor.com

Email

Affordability Calculator

$1,180
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,010
Monthly Property Taxes
$170
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2138254 Elementary School
2138301 Middle School
District 205-RFD High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$160,000 Listed Price

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720-722 Locust Street, Rockford, IL, 61101 is a Multi-Family Home for sale at $160,000 with 2,184 sqft. 720-722 Locust Street is a studio with 0.0 baths. The property's zip code is 61101 which is in Rockford, IL