721 2nd Avenue, Rockford, IL 61104

Local realty services provided by:Better Homes and Gardens Real Estate Connections
721 2nd Avenue,Rockford, IL 61104
$160,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:jeffrey sturtevant
Office:sturtevant 2k real estate llc.
MLS#:12478923
Source:MLSNI

Price summary

  • Price:$160,000

About this home

3-Unit Investment Property - Turnkey & Updated! Great opportunity to own this well-maintained 3-unit apartment building, perfect for investors or owner-occupants looking to generate rental income. The property features three fully rented units with a strong rental history: Lower Unit: Spacious 2 bedroom layout currently renting for $1000 per month. Second Floor Unit: 1 bedroom with newer kitchen cabinets and countertops, is vacant and has a past rental history of $800/month. Third Floor Studio: Cozy studio apartment currently rented for $600/month. Recent updates include fresh interior paint and some new flooring throughout the property, ensuring a clean and modern look. Tenants enjoy the convenience of off-street parking and a full basement offering extra storage or potential utility space. Whether you're expanding your portfolio or just getting started, this income-producing property is a solid investment with immediate cash flow. Don't miss out-schedule your showing today!

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Home facts

  • Year built:1922
  • Listing ID #:12478923
  • Added:1 day(s) ago
  • Updated:September 26, 2025 at 07:44 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1922

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$160,000
  • Tax amount:$1,819 (2023)
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