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(815) 494-7812
(815) 494-7812 Email (815) 494-7812
Carol 'Korky' Williams
REALTOR®
(815) 494-7812

720-722 Locust Street, Rockford, IL 61101

$160,000
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  • 720-722 Locust Street, Rockford, IL 61101 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,184 MLS#202605439
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRockford 205
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Property Description

Great opportunity to own a two-unit property featuring a 3-bedroom, 1-bathroom upper unit and a 2-bedroom, 1-bathroom lower unit. The upper unit is currently occupied and rents for $850 per month, providing immediate rental income. The lower 2-bedroom unit is currently vacant, offering the opportunity for a new owner to lease the unit or use it as an owner-occupied residence, subject to applicable requirements. Both units feature one bathroom, and the property offers street parking. With one unit currently generating rental income and the second unit vacant, this property presents an opportunity for an investor or owner-occupant looking to add a two-unit property to their portfolio. Schedule your showing today!

720-722 Locust Street | MLS# 202605439

This multi-family property located at 720-722 Locust Street, Rockford, IL 61101 is currently listed for sale with an asking price of $160,000. 720-722 Locust Street is located within the Rockford 205 school district. Search Rockford real estate on cwilliams.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Forced Air, Natural Gas
Home Style: 2 Units
Roof Type: Shingle
Taxes: $2,038

Appliances

Refrigerator
Stove/Cooktop

Feature Descriptions

Exterior: Brick/Stone
Separate Utilities: Yes
Sewer: City
Water: City

Local Schools

School District: Rockford 205

Listed By / Shown By

Listed By

Agency Name: Stateline Real Estate LLC

Shown By

Agent Name: Carol 'Korky' Williams
Agent Phone: (815) 494-7812
Agency Title: Gambino Realtors

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Estimate Your Payment

Estimated Payment

$ 943.27 per month $726.77 Principal & Interest $169.83 Property Tax $46.67 Homeowner's Insurance

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Carol 'Korky' Williams
Carol 'Korky' Williams Cell: (815) 494-7812 Fax: (815) 231-8676 Office Number: (815) 282-2222 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/29/2026. The listing information on this page last changed on 08/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/29/2026 1:51:35 AM EST) or MRED MLS (last updated Sat 08/29/2026 1:43:05 AM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 08/28/2026 10:15:30 PM EST) or Northern Illinois Commercial Association Realtors (last updated Fri 08/28/2026 2:10:07 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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