416 N Horsman Street, Rockford, IL 61101 - Photo 1

1/1

$135,000

Sold
Closed
Commercial

1/1

Property Description

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: Commercial
Source: MRED
MLS ID: 12549908
Added to Site: 72 day(s) ago

Location

Area: Rockford
County: Winnebago
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
Sold by Non Member

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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

1/18/2026

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.

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416 N Horsman St, Rockford, IL 61101 - Photo 1

Sold

$135,000