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$299,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 3 days ago
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Exceptional opportunity to own a classic brick multifamily in heart of downtown Rockford where walkability, character, and investmentpotential 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 anexciting 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: Commercial
  • Source: MRED
  • MLS ID: 12546195
  • Updated: 1/13/2026
  • Added to Site: 5 day(s) ago

Location

  • Area: Rockford
  • County: Winnebago
  • Driving Directions: 251 to N. 2nd North of E. State

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water

Utilities

  • Trash: 500

Structural Information

  • Stories/Levels: 2
  • Year Built: 1900
  • Built Before 1978: Yes

Lot Features

  • Lot Dimensions: 70 x 144

Financial Considerations

  • Insurance Fee: $2,000
  • Operating Expenses: $4,000
  • Assessment Year: 1900
  • Tax Amount: $3,326
  • Tax Year: 2024
  • Pays Trash: 500

Disclosures and Reports

  • Property ID: 1123455001

Listed by Real Broker LLC

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Listing agent

— 129 N 2nd St —

  • Real Broker LLC

(815) 978-6519

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

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
Get Price Alerts and Save Property
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# 12546195) is a Commercial property. 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 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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