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$235,000
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Property Description
Owner pays water, sewer, trash and the gas for the water heaters. Inspections are welcome but sold as-is. I have more interior photos if buyer is interested. Fully occupied 4-unit building in a convenient Rockford location just minutes from UW Health and downtown Rockford! This property has two 2-bedroom units and two 1-bedroom units, making it a great addition to any investment portfolio. Recent updates include a new main water line, newer water heaters in 2017 and 2025, newer vinyl windows, and vinyl siding for lower-maintenance ownership. With all units currently occupied, this property provides immediate rental income and long-term investment potential.
Full Property Details
Full Property Details for 140-142 Summit St
General
- Sold For: $235,000
- Taxes: $2,190 (2025)
- Status: Closed
- Type: Multi-Family
- Source: 2606
- MLS ID: 202602424
- Added to Site: 54 day(s) ago
Interior
- Appliances: Refrigerator, Stove/Cooktop
Parking
- Total Spaces: 2
Location
- Area: Winnebago County
- County: Winnebago
- Subdivision: IL
School Information
- School District: Rockford 205
- Elementary School: C Henry Bloom Elementary
- Middle School: Abraham Lincoln Middle
- High School: Rockford East High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Water Heater: Gas
Utilities
- Sewer: City
- Water: City
- Sep. Elec Meters: Yes
Structural Information
- Architectural Style: 2 Story
- Exterior Const.: Vinyl
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Square Feet: 2,748
- Year Built: 1900
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: TBD
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Financial Considerations
- Price Per Sq. Ft.: $85.52
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,190
- Tax Year: 2025
Disclosures and Reports
- Legal Description: CROSBYS ADDN N 66/100 FT E 84 FT LOT 13 + E 84 FT S 59.34 FT LOT 012 BLOCK 012
- Flood plain: Yes
Listed and Sold by Keller Williams Realty Signature
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Price & Sales History for 140-142 Summit St
Date
Details
Price
Change
Source
5/26/2026
Sold
$235,000
4.44%
MLS
4/30/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
140-142 Summit Street, Rockford, IL 61107 (MLS# 202602424) is a Multi-Family property that was sold at $235,000 on May 26, 2026. Want to learn more about 140-142 Summit 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.

