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602 7th Street Rockford, IL $ 299,900
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602 7th Street
$ 299,900
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602 7th Street

Rockford, IL, 61104
$ 299,900
Bedrooms3 Baths3.1 Sq 4,388

Monthly Estimate*

$ 1,894

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Multi-Family Home for sale in Rockford, IL

for $299,900 with 3 bedrooms and 3 full baths, 1 half bath. This 4,388 square foot home was built in 1880 on a lot size of 0.08.

Income-producing mixed-use opportunity in Rockford's Midtown District! 602-608 7th Street features two (2) second-floor residential units that are already rented and generating a combined $1,800/month ($21,600 annually) in rental income. The main level offers two (2) commercial storefronts currently opened into one larger space and set up for a barbershop. The commercial space is ready for immediate use, giving a new owner the flexibility to operate their own business, lease the space for additional income, or reconfigure it for another concept. With established residential income, annual property taxes of just $2,635, and significant upside through the first-floor commercial space, this property offers a strong opportunity for an investor or owner-user. Bring your ideas and take advantage of the potential in Midtown Rockford!

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Multi-Family Active

Price

$ 299,900

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 2,635

Style

Lot Size

0.08

Year Built

1880

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

12755899
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Construction Materials Brick
Year Built 1880
Township Rockford
Tax Year 2025
Ownership Fee Simple
County Winnebago
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions Head south on 7th Street. At 5th Avenue intersection building is located on SE corner.
City Rockford
High School District 205
MLS Area Rockford
Tax Annual Amount 2635
Standard Status Active
Middle/Junior School District 205
Elementary School District 205
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Interior
Basement Partially Finished Full
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 3
Full Baths Building 2
Half Baths Building 1
Total Number of Units 4
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Exterior
Water Source Public
Total Parking 0
Lot Dimensions 39.5x93x39.5x93
Lot Size Acres 0.08
Waterfront Y/N N
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* Excluded Features
List By
Realty Of America, Llc

Broker

victor@victortellez.com

Email

Affordability Calculator

$2,113
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$220
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/10/2026$299,900 Listed Price

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602 7th Street, Rockford, IL, 61104 is a Multi-Family Home for sale at $299,900 with 4,388 sqft and a lot size of 0.08. 602 7th Street has 3 bedrooms, 3.1 baths, and was built in 1880. The property's zip code is 61104 which is in Rockford, IL

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