Date
Details
Price
Change
Source
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.
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$225,000 Just Listed
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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
- Price: $225,000
- Taxes: $2,190 (2025)
- Status: Active
- Type: Multi-Family
- Source: 2606
- MLS ID: 202602424
- Updated: 4/30/2026
- Added to Site: 4 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.: $81.88
- 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
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Price & Sales History for 140-142 Summit St
Tax History
Tax History for 140-142 Summit St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,918
29%
$20,242
42%
2023
$1,483
100%
$14,278
12%
2022
-100%
$12,762
9%
2021
$1,434
—
$11,702
6%
2021
$1,434
1%
$11,063
5%
2019
$1,413
—
$10,544
11%
2017
$1,411
—
$9,510
2%
2016
$1,410
51%
$9,332
53%
2015
$936
2%
$6,118
—
2014
$917
-35%
$6,119
-38%
2018
$1,418
56%
$9,937
53%
2013
$910
-80%
$6,500
-81%
2012
$4,471
—
$34,653
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 140-142 Summit St
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140-142 Summit Street, Rockford, IL 61107 (MLS# 202602424) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 140-142 Summit Street is currently listed for $225,000 and was received on April 30, 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.