948 S 3rd Street, Rockford, IL 61104 - Photo 1

1/1

$179,000

Sold
Closed
Multi-Family
5 Total Beds
Updated 7 days ago

1/1

Property Description

Endless Investment Potential! Don't miss this fantastic opportunity to own a solid all-brick two-unit property with an additional vacant lot included-offering endless possibilities for expansion, outdoor living, or future development. The first unit features 3 spacious bedrooms and 1 full bathroom, while the second unit offers 2 bedrooms and 1 full bathroom, making this property ideal for owner-occupants, investors, or multi-generational living. The home also includes a full unfinished basement with its own private entrance, providing excellent potential for additional storage, workspace, or future finishing opportunities. Whether you're looking to grow your investment portfolio or live in one unit while generating rental income from the other, this unique property is full of opportunity.

Full Property Details

Full Property Details for 948 S 3rd St

General

Sold For: $179,000
Taxes: $1,609 (2025)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12709550
Added to Site: 79 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 5

Parking

Total Spaces: 4
Parking Features: Yes

Location

Area: Rockford
County: Winnebago
Driving Directions: State St to Kishwaukee St, south to 9th Ave, east to S 3rd St, south to property.

School Information

School District: 205
Midd School District: 205

Heating & Cooling

Heating Type: Natural Gas

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 (Acres): 0.31
Lot Size Range: .25 to .49 Acre
Lot Dimensions: 165 x 82.5

Financial Considerations

Assessment Year: 1910
Tax Amount: $1,609
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Property ID: 1126330016

Listed by Realty of America, LLC
Sold by Prevail Realty & Property Management

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— 948 S 3rd St —

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Schools

Schools serving 948 S 3rd St

School District:Rockford School District 205

Name	Grades	Distance
Constance Lane Elementary School 620 Gregory Street, Rockford, IL 61104	K-5	0.1 mi
Abraham Lincoln Middle School 1500 Charles Street, Rockford, IL 61104	6-8	1 mi
Rockford East High School 2929 Charles Street, Rockford, IL 61108	9-12	2 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 948 S 3rd St

Date

Details

Price

Change

Source

9/28/2026

Sold

$179,000

-4.79%

MLS

8/13/2026

Price Reduced

$188,000

-1.05%

MLS

7/19/2026

Listed

$189,999

—

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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948 S 3rd Street, Rockford, IL 61104 (MLS# 12709550) is a Multi-Family property that was sold at $179,000 on September 28, 2026. Want to learn more about 948 S 3rd 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.

948 S 3rd St Rockford, IL 61104