3304 W State Street Rockford, IL $ 242,500
3304 W State Street
$ 242,500
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3304 W State Street

Rockford, IL, 61102
$ 242,500
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,531

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Multi-Family Home for sale in Rockford, IL

for $242,500 with 6 bedrooms and 2 full baths. This home was built in 1930.

Outstanding mixed-use investment opportunity with exceptional income potential! This well-maintained property features two spacious 3-bedroom, 1-bath residential apartments, making it an ideal addition to any investment portfolio or a perfect owner-occupant opportunity. The main residential unit has been tastefully updated with a desirable open-concept floor plan, an updated kitchen, luxury vinyl plank (LVP) flooring, and fresh interior paint, creating a modern and inviting living space. Recent electrical updates provide added value and peace of mind. The property also includes a full basement, offering abundant storage and additional utility space, as well as an extra lot dedicated to off-street parking-a rare and valuable amenity for both residential tenants and commercial customers. Situated on highly traveled West State Street, the commercial storefront enjoys outstanding visibility and is well suited for retail, office, or service-based businesses. The combination of residential rental income, commercial potential, ample parking, and recent improvements makes this a unique opportunity with multiple revenue streams. Whether you're looking to expand your investment portfolio or operate your business while generating rental income, this versatile property is a must-see. Schedule your private showing today!

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Multi-Family Active

Price

$ 242,500

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,696

Style

Year Built

1930

Town/City

Rockford

County/Region

Winnebago

MLS | Web ID

12697058

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Aluminum Siding
Year Built 1930
Township Rockford
Tax Year 2025
Ownership Fee Simple
Additional Parcels Description 1120278015
County Winnebago
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 14
Status New
Directions Take US-20 Business (State Street) to Oakwood Avenue. Proceed to 231 Oakwood Ave.
High School Auburn High School
City Rockford
High School District 205
MLS Area Rockford
Elementary School Ellis Arts Academy
Tax Annual Amount 1696.07
Middle/Junior High School Kennedy Middle School
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 205
Elementary School District 205
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Interior
Basement Unfinished Storage Space Full
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes
Water Source Public
Total Parking 5
Lot Dimensions 5663
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Liberty

Broker

blou1965@gmail.com

Email

Affordability Calculator

$1,673
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,531
Monthly Property Taxes
$141
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
4582963 Elementary School
1540646 Middle School
Auburn High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$242,500 Listed Price

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3304 W State Street, Rockford, IL, 61102 is a Multi-Family Home for sale at $242,500. 3304 W State Street has 6 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 61102 which is in Rockford, IL