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$135,000
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Property Description
Sold as-is. There are 2 furnaces and currently 1 water heater for the building. Please make sure you lock all the doors when you leave. Basement entrance is at the back of the property. Must walk outside to get to it. Attention investors and rehabbers! This 5-unit building offers a fantastic value-add opportunity with major exterior and structural improvements already completed. Recent updates include new siding, a new water meter, vinyl windows, new drywall, new roof on the rear of the building, a newly built enclosure for the basement entrance, and a new concrete patio in the back. Each unit is a blank canvas ready for your finishing touches. The property consists of two studio apartments and three one-bedroom units. A detached 2-car garage is located at the rear of the property. Conveniently situated just minutes from Downtown Rockford, SwedishAmerican Hospital, and the planned Rock Valley College downtown campus scheduled to open in Fall 2026.
Full Property Details
Full Property Details for 416 N Horsman St
General
- Sold For: $135,000
- Taxes: $127 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 2606
- MLS ID: 202600243
- Added to Site: 77 day(s) ago
Interior
- Appliances: None
Parking
- Total Spaces: 2
Location
- Area: Winnebago County
- County: Winnebago
- Subdivision: IL
School Information
- School District: Rockford 205
- Elementary School: Lewis Lemon Elementary
- Middle School: Kennedy Middle
- High School: Auburn High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Water Heater: Gas
Utilities
- Sewer: City
- Water: City
Structural Information
- Architectural Style: 2 Story
- Exterior Const.: Vinyl
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Square Feet: 2,964
- Year Built: 1900
Unit Information
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Financial Considerations
- Price Per Sq. Ft.: $45.55
- For Sale/Rent/Lease: For Sale
- Tax Amount: $127
- Tax Year: 2024
Disclosures and Reports
- Legal Description: MORGAN + HORSMANS ADD LOT 7 + S 4 FT LOT 8 + ALLEY VAC LYING WLY + ADJ LOT 7 + S 4 FT LOT 008 BLOCK 059
Listed by Keller Williams Realty Signature
Sold by Century 21 Affiliated
Get Pre-Approved Today
Schools
Schools serving 416 N Horsman St
School District:Rockford School District 205
| Name | Grades | Distance |
|---|---|---|
Lewis Lemon Elementary School 1993 Mulberry Street, Rockford, IL 61101 | K-5 | 1 mi |
Kennedy Middle School, Rockford, IL 520 North Pierpont Avenue, Rockford, IL 61101 | 6-8 | 2 mi |
Auburn High School, Rockford, IL 5110 Auburn Street, Rockford, IL 61101 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 416 N Horsman St
Date
Details
Price
Change
Source
3/13/2026
Sold
$135,000
-6.9%
MLS
1/14/2026
Listed
$145,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
416 N Horsman Street, Rockford, IL 61101 (MLS# 202600243) is a Multi-Family property that was sold at $135,000 on March 13, 2026. Want to learn more about 416 N Horsman 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.

