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$299,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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Earnest Money to Title Underwriters 124 N. Water St. Rockford, IL 61107 Buyer to verify measurements. Property sold "as is". Owner pays heat, water, garbage. Use NWAIR contract. 3 units currently rented and one new tenant moving in 1/12/26. Exceptional opportunity to own a classic brick multifamily in heart of downtown Rockford where walkability, character, and investment potential come together. Charming building offers four spacious one-bedroom units featuring tall ceilings and large windows allowing lots of natural light, hardwood floors, remodeled kitchens and fresh updates throughout. The basement is in the process of being transformed into a 3-bedroom unit creating an exciting value-add opportunity. Additional highlights include four dedicated off street parking spaces and a newer boiler for long-term efficiency.

Full Property Details for 129 N 2nd St

General

  • Price: $299,000
  • Taxes: $3,326 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: 2606
  • MLS ID: 202600195
  • Updated: 1/12/2026
  • Added to Site: 4 day(s) ago

Interior

  • Appliances: Refrigerator, Stove/Cooktop

Parking

  • Total Spaces: 4

Location

  • Area: Winnebago County
  • County: Winnebago
  • Subdivision: IL

School Information

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric, Hot Water/Steam, Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: City
  • Water: City
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: 2 Story
  • Exterior Const.: Brick/Stone
  • Basement: Yes
  • Roof: Shingle
  • Square Feet: 4,162
  • Year Built: 1900

Unit Information

Unit 1

  • Square Feet: 750
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Square Feet: 1000
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Square Feet: 750
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Square Feet: 750
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 3

Financial Considerations

  • Price Per Sq. Ft.: $71.84
  • For Sale/Rent/Lease: For Sale
  • Expenses: $100
  • Tax Amount: $3,326
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: ASSRS PLAT BLK 38 EAST RKFD EXC ELY 50FT ALL LOT 021 BLOCK 038
  • Flood plain: Yes

Listed by Real Broker, LLC

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— 129 N 2nd St —

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Schools serving 129 N 2nd St

School District:Rockford School District 205
NameGradesDistance
Clifford P Carlson Elementary School
4015 Pepper Drive, Rockford, IL 61114
K-53.7 mi
Eisenhower Middle School
3525 Spring Creek Road, Rockford, IL 61107
6-82.8 mi
Guilford High School
5620 Spring Creek Rd, Rockford, IL 61114
9-124.6 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 129 N 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$299,000
251.76%
MLS
2/28/2019
Sold
$85,000
—
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 129 N 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,326
4%
$35,093
13%
2023
$3,213
100%
$30,943
12%
2022
-100%
$27,658
9%
2021
$3,108
—
$25,361
6%
2021
$3,108
2%
$23,975
5%
2019
$3,061
38%
$22,851
6%
2018
$2,217
2%
$21,534
4%
2017
$2,167
1%
$20,609
2%
2016
$2,149
-1%
$20,223
—
2015
$2,176
-2%
$20,223
-3%
2014
$2,231
-2%
$20,891
-6%
2013
$2,268
—
$22,194
-6%
2012
$2,263
—
$23,538
—
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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129 N 2nd Street, Rockford, IL 61107 (MLS# 202600195) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 129 N 2nd Street is currently listed for $299,000 and was received on January 12, 2026. Want to learn more about 129 N 2nd Street? Do you have questions about finding other Multi-Family 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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