602 7th Street, Rockford, IL 61104
Local realty services provided by:ERA Naper Realty
602 7th Street,Rockford, IL 61104
$275,000
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: victor tellez drue
Office: realty of america, llc.
MLS#:12755899
Source:MLSNI
Price summary
- Price:$275,000
About this home
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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Home facts
- Year built:1880
- Listing ID #:12755899
- Updated:November 11, 2026 at 07:28 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Rooms Total:14
- Basement Description:Full, Partially Finished
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Year built:1880
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$275,000
- Tax amount:$2,635 (2025)
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