720-722 Locust Street, Rockford, IL 61101

$160,000
  • 720-722 Locust Street, Rockford, IL 61101 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,184 MLS#202605439
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 205

Property Description

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!

720-722 Locust Street | MLS# 202605439

This multi-family property located at 720-722 Locust Street, Rockford, IL 61101 is currently listed for sale with an asking price of $160,000. 720-722 Locust Street is located within the Rockford 205 school district. Search Rockford real estate on www.dickersonnieman.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Forced Air, Natural Gas
Home Style: 2 Units
Roof Type: Shingle
Taxes: $2,038

Appliances

Refrigerator
Stove/Cooktop

Feature Descriptions

Exterior: Brick/Stone
Separate Utilities: Yes
Sewer: City
Water: City

Local Schools

School District: Rockford 205

Listed By / Shown By

Listed By

Agency Name: Stateline Real Estate LLC

Shown By

Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900

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Estimated Payment

$ 572.59 per month $356.09 Principal & Interest $169.83 Property Tax $46.67 Homeowner's Insurance

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