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$145,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Total Beds
  • Updated 11 days ago
See This Home
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See This Home
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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

  • Sold For: $145,000
  • Taxes: $2,039 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12745782
  • Added to Site: 45 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Location

  • Area: Rockford
  • County: Winnebago
  • Driving Directions: Kilburn Ave., head south to Locust St. Turn onto Locust St. and continue to 720 Locust St.

School Information

  • School District: 205
  • Midd School District: 205

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: Unfinished, Full
  • Year Built: 1910
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 33 x 73 x 34 x 77

Financial Considerations

  • Assessment Year: 1910
  • Tax Amount: $2,039
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1122235003

Listed by Stateline Real Estate LLC
Sold by Keller Williams Realty Signature

Listing agent

— 720-722 Locust St —

  • Stateline Real Estate LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 720-722 Locust St

Date
Details
Price
Change
Source
9/30/2026
Sold
$145,000
-9.38%
MLS
8/28/2026
Listed
$160,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Stateline Real Estate LLC
Sold by Keller Williams Realty Signature

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720-722 Locust Street, Rockford, IL 61101 (MLS# 12745782) is a Multi-Family property that was sold at $145,000 on September 30, 2026. Want to learn more about 720-722 Locust 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.