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Listed by Ronak Dave • HomeSmart Connect LLC
$145,000
Est. payment /mo
2 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12426396
Bedrooms 2
Year Built 1920
Annual Tax Amount $2,145
Tax Year 2023
Lot Dimensions 5663
Property Sub-Type Two to Four Units
Property Description
Unlock the potential of this solid-brick mixed-use building just minutes from downtown Rockford! Both units vacant. Currently zoned as a two-family, this property was formerly a commercial storefront and can be rezoned back to commercial use, offering incredible flexibility for investors, flippers, or owner-occupants seeking a live/work setup. The upper level features a spacious 2-bedroom, 1-bath apartment, ideal for rental income or personal use. The main level offers a wide-open layout perfect for a business build-out, studio, retail, or conversion to a second residential unit. Key updates include a new roof (2024), new electric A/C system, and updated front soffit and fascia. Seller is also including: the adjacent vacant lot, offering the opportunity to finish it as a parking lot, patio, or expansion space. Vacant Lot Parcel ID: 11-14-356-026. Freezers and refrigerators stay with the property. All other personal property items will be removed prior to closing. AS-IS sale. This is your chance to bring your vision to life in a high-potential property with solid bones and multiple exit strategies. Don't wait long!
Location
State IL
County Winnebago
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Electric
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
High Schools Guilford High School
School District 205, 205, 205
Others
Ownership Fee Simple
Special Listing Condition None
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com