Price Reduced Listing3304 W State Street,Rockford, IL 61102
Rockford, IL 61102
Description
Outstanding mixed-use investment opportunity with exceptional income potential! This well-maintained property features two spacious 3-bedroom, 1-bath residential apartments, making it an ideal addition to any investment portfolio or a perfect owner-occupant opportunity. The main residential unit has been tastefully updated with a desirable open-concept floor plan, an updated kitchen, luxury vinyl plank (LVP) flooring, and fresh interior paint, creating a modern and inviting living space. Recent electrical updates provide added value and peace of mind. The property also includes a full basement, offering abundant storage and additional utility space, as well as an extra lot dedicated to off-street parking-a rare and valuable amenity for both residential tenants and commercial customers. Situated on highly traveled West State Street, the commercial storefront enjoys outstanding visibility and is well suited for retail, office, or service-based businesses. The combination of residential rental income, commercial potential, ample parking, and recent improvements makes this a unique opportunity with multiple revenue streams. Whether you're looking to expand your investment portfolio or operate your business while generating rental income, this versatile property is a must-see. Schedule your private showing today!
Details
| MLS # | 12697058 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1930 |
| Days On Site | 64 |
| Listing Provided By | RE/MAX Liberty | Brenda Reyes |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 5663.00 |
Interior
| Rooms Total | 14 |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Aluminum Siding |
|---|
Parking
| Parking Features | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 1696.07 |
Area Information
| State | IL |
|---|---|
| County | Winnebago |
| City | Rockford |
| Zip Code | 61102 |
| Area | Rockford |
| School District | Auburn High School |
| Elementary School | Ellis Arts Academy |
| High School | Auburn High School |
| Listing VS Median (in 61102) | |
Price: $195,000 low | high Med: $207,450 On site: 64 low | high Med: 63 | |
Market Activity 61102
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Learn More About This Property
| State | IL |
|---|---|
| County | Winnebago |
| City | Rockford |
| Zip Code | 61102 |
| Area | Rockford |
| School District | Auburn High School |
| Elementary School | Ellis Arts Academy |
| High School | Auburn High School |
| Listing VS Median (in 61102) | |
Price: $195,000 low | high Med: $207,450 On site: 64 low | high Med: 63 | |
