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$145,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 11 hours ago
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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 for 416 N Horsman St

General

  • Price: $145,000
  • Taxes: $127 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12549908
  • Updated: Today (1/18/2026)
  • Added to Site: Today

Location

  • Area: Rockford
  • County: Winnebago
  • Township: Rockford
  • Driving Directions: On W Jefferson Street, turn right onto N Horsman.

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Stories/Levels: 2
  • Year Built: 1900
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Dimensions: 66 x 165

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $127
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 1122276014

Listed by Keller Williams Realty Signature

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— 416 N Horsman St —

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NMLS#: 1598647

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Schools serving 416 N Horsman St

School District:Rockford School District 205
NameGradesDistance
Lewis Lemon Elementary School
1993 Mulberry Street, Rockford, IL 61101
K-51 mi
Kennedy Middle School, Rockford, IL
520 North Pierpont Avenue, Rockford, IL 61101
6-82 mi
Auburn High School, Rockford, IL
5110 Auburn Street, Rockford, IL 61101
9-122.1 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 416 N Horsman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/18/2026
Listed
$145,000
267.09%
MLS
11/07/2025
Sold
$39,500
—
Public Record
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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 416 N Horsman St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$127
105%
$6,344
13%
2023
$62
100%
$5,594
12%
2022
-100%
$5,000
-66%
2021
$434
—
$14,537
6%
2021
$434
-57%
$13,743
5%
2019
$1,002
-10%
$13,098
11%
2017
$1,110
-2%
$11,814
2%
2016
$1,130
-1%
$11,593
—
2015
$1,144
2%
$11,593
-5%
2014
$1,121
5%
$12,174
-1%
2018
$1,068
2%
$12,344
-5%
2013
$1,048
5%
$12,933
-6%
2012
$996
—
$13,717
—
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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416 N Horsman Street, Rockford, IL 61101 (MLS# 12549908) is a Commercial property. 416 N Horsman Street is currently listed for $145,000 and was received on January 18, 2026. Want to learn more about 416 N Horsman 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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