721 2nd Avenue, Rockford, IL 61104 - Photo 1

1/1

$156,000

Sold
Closed
Multi-Family
4 Total Beds

1/1

Property Description

3-Unit Investment Property - Turnkey & Updated! Great opportunity to own this well-maintained 3-unit apartment building, perfect for investors or owner-occupants looking to generate rental income. The property features three fully rented units with a strong rental history: Lower Unit: Spacious 2 bedroom layout currently renting for $1000 per month. Second Floor Unit: 1 bedroom with newer kitchen cabinets and countertops, is vacant and has a past rental history of $800/month. Third Floor Studio: Cozy studio apartment currently rented for $600/month. Recent updates include fresh interior paint and some new flooring throughout the property, ensuring a clean and modern look. Tenants enjoy the convenience of off-street parking and a full basement offering extra storage or potential utility space. Whether you're expanding your portfolio or just getting started, this income-producing property is a solid investment with immediate cash flow. Don't miss out-schedule your showing today!

Full Property Details

Full Property Details for 721 2nd Ave

General

Sold For: $156,000
Taxes: $1,819 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12478923
Added to Site: 114 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 4

Additional Information

Other Features: School Bus Service

Parking

Total Spaces: 6
Parking Features: Off-Street, Yes

Location

Area: Rockford
County: Winnebago
Driving Directions: KISHWAUKEE STREET TO 2ND AVE. 6TH STREET TO 2ND AVE

School Information

School District: 205
Midd School District: 205

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Construction: Aluminum Siding
Exterior Const.: Aluminum Siding
Basement Desc.: Unfinished, Full
Roof: Asphalt
Year Built: 1922
Built Before 1978: Yes

Unit Information

Units in Building: 3

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 132 x 41

Financial Considerations

Assessment Year: 1922
Tax Amount: $1,819
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Property ID: 1126206005

Listed and Sold by Sturtevant 2K Real Estate LLC

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Listing agent

— 721 2nd Ave —

Sturtevant 2K Real Estate LLC

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Schools

Schools serving 721 2nd Ave

School District:Rockford School District 205

Name	Grades	Distance
Constance Lane Elementary School 620 Gregory Street, Rockford, IL 61104	K-5	0.4 mi
Abraham Lincoln Middle School 1500 Charles Street, Rockford, IL 61104	6-8	0.8 mi
Rockford East High School 2929 Charles Street, Rockford, IL 61108	9-12	1.9 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 721 2nd Ave

Date

Details

Price

Change

Source

11/07/2025

Sold

$156,000

-2.5%

MLS

9/22/2025

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.

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Beds
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2
Beds
1
Total Bath
784
Sq. Ft.

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Price Reduced

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2
Beds
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3
Beds
2
Total Baths
1,736
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Single Family
Active
Updated 1 hour ago

3
Beds
2
Total Baths
1,894
Sq. Ft.

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Sold

$158,500

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Condo
Closed

2
Beds
2
Total Baths
1,105
Sq. Ft.

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Sold

$145,000

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Single Family
Closed

3
Beds
1
Total Bath
1,674
Sq. Ft.

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$155,000

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Duplex
Closed

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Sq. Ft.

Sold

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Multi-Family
Closed

6
Total Beds

721 2nd Avenue, Rockford, IL 61104 (MLS# 12478923) is a Multi-Family property that was sold at $156,000 on November 07, 2025. Want to learn more about 721 2nd Avenue? 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.

721 2nd Ave Rockford, IL 61104