Income-producing mixed-use opportunity in Rockford’s Midtown District! 602-608 7th Street features two (2) second-floor residential units that are already rented and generating a combined $1,800/month ($21,600 annually) in rental income. The main level offers two (2) commercial storefronts currently opened into one larger space and set up for a barbershop. The commercial space is ready for immediate use, giving a new owner the flexibility to operate their own business, lease the space for additional income, or reconfigure it for another concept. With established residential income, annual property taxes of just $2,635, and significant upside through the first-floor commercial space, this property offers a strong opportunity for an investor or owner-user. Bring your ideas and take advantage of the potential in Midtown Rockford!
Property Details
Price:
$299,900
MLS #:
MRD12755899
Status:
Active
Beds:
3
Baths:
3
Type:
Multi Family
Neighborhood:
rockford
Listed Date:
Sep 10, 2026
Year Built:
1880
See this Listing
Schools
School District:
205
Interior
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Brick
Financial
Tax Year
2025
Taxes
$2,635
Map
Community
- Address602 7th Street Rockford IL
- CityRockford
- CountyWinnebago
- Zip Code61104
Market Summary
Current real estate data for Multi Family in Rockford as of Oct 04, 2026
25
Multi Family Listed
93
Avg DOM
$250,048
Avg List Price
Property Summary
- 602 7th Street Rockford IL is a Multi Family for sale in Rockford, IL, 61104. It is listed for $299,900
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Copyright 2026. All rights reserved.
602 7th Street
Rockford, IL


