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$189,999 Just Listed
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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
- Price: $189,999
- Taxes: $1,609 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12709550
- Updated: 7/19/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 11
Parking
- Total Spaces: 4
- Parking Features: Yes
Location
- Area: Rockford
- County: Winnebago
- Township: 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
- Elem School District: 205
- Midd School District: 205
- High School District: 205
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- 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
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1126330016
Listed by Realty of America, LLC
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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
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.
Estimate the Cost
Estimate the Cost for 948 S 3rd St
948 S 3rd Street, Rockford, IL 61104 (MLS# 12709550) is a Multi-Family property with 2 units containing 11 bedrooms and 0 full bathrooms. 948 S 3rd Street is currently listed for $189,999 and was received on July 19, 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.

