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 New
BEDS5 BATHS2 full MLS#12745782
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 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# 12745782

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 District 205 school district. Search Rockford real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Heating: Natural Gas, Forced Air
Lot Size: 33X73X34X77
Taxes: $2,039
Year Built: 1910

Feature Descriptions

Exterior: Brick
Lot Dimensions: 33X73X34X77
Parcel#: 1122235003
Sewer: Public Sewer
Total Rooms: 13
Township: Rockford
Water: Public

Local Schools

School District: District 205

Listed By / Shown By

Listed By

Agency Name: Stateline Real Estate LLC
Agency Phone: 815-398-8899

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimate Your Payment

Estimated Payment

$ 943.35 per month $726.77 Principal & Interest $169.92 Property Tax $46.67 Homeowner's Insurance

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