602 7th Street
Rockford, IL, 61104
$299,900
3 Beds
3 Baths
0 SqFt
0.08 Acres
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MLS #MRD12755899 image #0
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
RockfordRockford

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Schools

School District:
205

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick

Financial

Tax Year
2025
Taxes
$2,635

Map

Community

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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