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$160,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 2,184 Sq. Ft.
  • Updated 4 days ago
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Great opportunity to own a two-unit property featuring a 3-bedroom, 1-bathroom upper unit and a 2-bedroom, 1-bathroom lower unit. The upper unit is currently occupied and rents for $850 per month, providing immediate rental income. The lower 2-bedroom unit is currently vacant, offering the opportunity for a new owner to lease the unit or use it as an owner-occupied residence, subject to applicable requirements. Both units feature one bathroom, and the property offers street parking. With one unit currently generating rental income and the second unit vacant, this property presents an opportunity for an investor or owner-occupant looking to add a two-unit property to their portfolio. Schedule your showing today!

Full Property Details for 720-722 Locust St

General

  • Price: $160,000
  • Taxes: $2,038 (2025)
  • Status: Active
  • Type: Duplex
  • Source: 2606
  • MLS ID: 202605439
  • Updated: 8/28/2026
  • Added to Site: 4 day(s) ago

Interior

  • Appliances: Refrigerator, Stove/Cooktop

Location

  • Area: Winnebago County
  • County: Winnebago
  • Subdivision: IL

School Information

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: City
  • Water: City
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: 2 Story
  • Exterior Const.: Brick/Stone
  • Basement: Yes
  • Roof: Shingle
  • Square Feet: 2,184
  • Year Built: 1910

Unit Information

Unit 1

  • Square Feet: 955
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Financial Considerations

  • Price Per Sq. Ft.: $73.26
  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $2,038
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: RESUB OF LOTS 7-8-9 + PT LOT 6 OF PLT OF SUB OF BLK 65 MORGAN + HORSMANS ADDN LOT 003
  • Flood plain: Yes

Listed by Stateline Real Estate LLC

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Listing agents

— 720-722 Locust St —

  • Stateline Real Estate LLC

  • Stateline Real Estate LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 720-722 Locust St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/28/2026
Listed
$160,000
77.78%
MLS
4/19/2022
Sold
$90,000
—
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 720-722 Locust St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,039
46%
$23,093
57%
2024
$1,396
3%
$14,735
13%
2023
$1,349
100%
$12,993
29%
2022
-100%
$10,110
9%
2021
$1,136
—
$9,270
6%
2021
$1,136
2%
$8,764
5%
2019
$1,119
-7%
$8,353
3%
2017
$1,201
—
$8,094
-4%
2018
$1,207
1%
$8,457
6%
2016
$1,200
-1%
$7,942
—
2015
$1,215
-1%
$7,942
-3%
2014
$1,227
1%
$8,193
-6%
2013
$1,219
-3%
$8,703
-11%
2012
$1,256
—
$9,738
—
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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Listed by Stateline Real Estate LLC

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720-722 Locust Street, Rockford, IL 61101 (MLS# 202605439) is a Duplex property with 0 bedrooms and 0 full bathrooms. 720-722 Locust Street is currently listed for $160,000 and was received on August 28, 2026. Want to learn more about 720-722 Locust Street? Do you have questions about finding other Duplex 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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