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$242,500 Just Listed
Property Description
Outstanding mixed-use investment opportunity with exceptional income potential! This well-maintained property features two spacious 3-bedroom, 1-bath residential apartments, making it an ideal addition to any investment portfolio or a perfect owner-occupant opportunity. The main residential unit has been tastefully updated with a desirable open-concept floor plan, an updated kitchen, luxury vinyl plank (LVP) flooring, and fresh interior paint, creating a modern and inviting living space. Recent electrical updates provide added value and peace of mind. The property also includes a full basement, offering abundant storage and additional utility space, as well as an extra lot dedicated to off-street parking-a rare and valuable amenity for both residential tenants and commercial customers. Situated on highly traveled West State Street, the commercial storefront enjoys outstanding visibility and is well suited for retail, office, or service-based businesses. The combination of residential rental income, commercial potential, ample parking, and recent improvements makes this a unique opportunity with multiple revenue streams. Whether you're looking to expand your investment portfolio or operate your business while generating rental income, this versatile property is a must-see. Schedule your private showing today!
Full Property Details
Full Property Details for 3304 W State St
General
- Price: $242,500
- Taxes: $1,696 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12697058
- Updated: 7/7/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 5
- Parking Features: Yes
Location
- Area: Rockford
- County: Winnebago
- Township: Rockford
- Driving Directions: Take US-20 Business (State Street) to Oakwood Avenue. Proceed to 231 Oakwood Ave.
School Information
- School District: 205
- Elem School District: 205
- Midd School District: 205
- High School District: 205
- Elementary School: Ellis Arts Academy
- Middle School: Kennedy Middle School
- High School: Auburn High School
- Private School: Auburn High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished, Storage Space, Full
- Year Built: 1930
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 5663
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1930
- Tax Amount: $1,696.07
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1120278007
Listed by RE/MAX Liberty
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Schools
Schools serving 3304 W State St
School District:Rockford School District 205
| Name | Grades | Distance |
|---|---|---|
Ellis Arts Academy 222 South Central Avenue, Rockford, IL 61102 | K-5 | 1.1 mi |
Kennedy Middle School, Rockford, IL 520 North Pierpont Avenue, Rockford, IL 61101 | 6-8 | 0.4 mi |
Auburn High School, Rockford, IL 5110 Auburn Street, Rockford, IL 61101 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 3304 W State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,314
100%
$13,861
13%
2023
-100%
$12,222
12%
2022
$1,267
3%
$10,924
9%
2021
$1,228
—
$10,016
6%
2021
$1,228
2%
$9,469
5%
2019
$1,209
—
$9,025
11%
2017
$1,208
—
$8,139
-4%
2018
$1,214
1%
$8,505
6%
2016
$1,207
-1%
$7,987
—
2015
$1,222
2%
$7,987
—
2014
$1,197
1%
$7,987
-6%
2013
$1,188
2%
$8,485
-6%
2012
$1,161
—
$8,999
—
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 3304 W State St
3304 W State Street, Rockford, IL 61102 (MLS# 12697058) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 3304 W State Street is currently listed for $242,500 and was received on July 07, 2026. Want to learn more about 3304 W State 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.
