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
Bedrooms5 Baths2.0

Monthly Estimate*

$ 1,010

720-722 Locust Street, Rockford, IL 61101 - Image 1
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Multi-Family Home for sale in Rockford, IL

for $160,000 with 5 bedrooms and 2 full baths. This home was built in 1910.

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

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,039

Style

Year Built

1910

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

12745782

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Construction Materials Brick
Year Built 1910
Township Rockford
Tax Year 2025
Ownership Fee Simple
County Winnebago
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
Directions Kilburn Ave. head south to Locust St. Turn onto Locust St. and continue to 720 Locust St.
City Rockford
High School District 205
MLS Area Rockford
Tax Annual Amount 2039
Standard Status Active
Middle/Junior School District 205
Elementary School District 205
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 33X73X34X77
Waterfront Y/N N
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* Excluded Features
List By
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
566481 Elementary School
565127 Middle School
Unknown 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. 720-722 Locust Street has 5 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 61101 which is in Rockford, IL