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$489,900

  • For Sale
  • Active
  • Commercial
  • Updated 6 days ago
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Investment Opportunity! Imagine owning a thriving strip center in the heart of Rockford, just minutes away from Downtown Broadway's vibrant atmosphere. Surrounded by charming residential houses, this strip center enjoys excellent foot traffic and offers a unique blend of retail and office spaces. Currently, three out of five spaces are leased to long-term tenants, including a convenient store, African food store, and office space. The remaining two spaces present opportunities for growth, one with existing partial kitchen infrastructure, has potential to be converted to a restaurant.

Full Property Details for 1203 7th St

General

  • Price: $489,900
  • Taxes: $13,418 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12495434
  • Updated: 1/11/2026
  • Added to Site: 96 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s)

Location

  • Area: Rockford
  • County: Winnebago
  • Driving Directions: Drive on N 2nd St, goes to N 6th St then turn left to 11th Ave, last turn right to the strip center.
  • Location Details: Out of Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Structural Information

  • Stories/Levels: 1
  • # of Stores: 1
  • Year Built: 1970
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 3

Lot Features

  • Lot Size (Sq. Ft.): 29,329
  • Lot Dimensions: 189.11 by 156.75 by 189.11 by 156.75

Financial Considerations

  • Lease Price: $6
  • Insurance Fee: $3,700
  • Other Fee: $900
  • Security Deposit: Fire Extinguisher/s
  • Assessment Year: 1970
  • Tax Amount: $13,418
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 1126478007

Listed by Weichert Realtors - Tovar Prop

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— 1203 7th St —

  • Weichert Realtors - Tovar Prop

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Schools serving 1203 7th St

School District:Rockford School District 205
NameGradesDistance
Constance Lane Elementary School
620 Gregory Street, Rockford, IL 61104
K-50.4 mi
Abraham Lincoln Middle School
1500 Charles Street, Rockford, IL 61104
6-80.8 mi
Rockford East High School
2929 Charles Street, Rockford, IL 61108
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1203 7th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/14/2025
Listed
$489,900
1124.75%
MLS
5/24/2004
Sold
$40,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1203 7th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$311
100%
$14,285
13%
2023
100%
$12,596
12%
2022
-100%
$11,258
9%
2021
$390
—
$10,323
6%
2021
$390
-64%
$9,759
5%
2019
$1,096
-6%
$9,301
6%
2018
$1,168
-4%
$8,766
4%
2017
$1,214
-2%
$8,389
2%
2016
$1,236
-1%
$8,232
—
2015
$1,252
2%
$8,232
-26%
2014
$1,226
7%
$11,167
-21%
2013
$1,146
-1%
$14,149
-6%
2012
$1,162
—
$15,006
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1203 7th Street, Rockford, IL 61104 (MLS# 12495434) is a Commercial property. 1203 7th Street is currently listed for $489,900 and was received on October 14, 2025. Want to learn more about 1203 7th Street? Do you have questions about finding other Commercial real estate for sale in Rockford? You can browse all Rockford real estate or contact a Coldwell Banker agent to request more information.

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