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602 7th Street

ROCKFORD, IL 61104
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Bed 3

Bed

Bath 0

Bath

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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $299,900

AD Id : 91165560

MLS Id : 202605722

Beds : 3

Tax Amount : 2635.00

Year Built : 1880

County : Winnebago

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Feature Features

  • Bedroom Information

    Total beds: 3
  • Roofing Information

    Rubber
  • Interior Features

    Roof: Rubber Appliances: Refrigerator, Gas Water Heater
  • Heating & Cooling

    Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1880 Construction Materials: Brick Private Pool: No

  • Listing Price Information

    Listing Price: $299900

  • Tax Information

    Parcel Number: 1126283001 Tax Year: 2025 Annual Tax: $2635 Tax Legal Desc: GREGORYS ADDN W 93 FT N 39 1/2 FT LOTS 6 + 007 BLOCK 037

  • School Information

    Elementary School: C Henry Bloom Elementary
    Junior High School: Abraham Lincoln Middle
    Senior High School: Rockford East High
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
710 Kishwaukee Street, Rockford, IL, 61104 $164,900 6 2 2,684 0.19 Acre
216 S London Avenue, Rockford, IL, 61104 $199,900 3 2 1,400 0.16 Acre
1822 E State Street, Rockford, IL, 61104 $225,000 3 2 1,856 0.17 Acre
2132 9th Street, Rockford, IL, 61104 $179,900 3 2 1,682 0.21 Acre
1628 S 5th Street, Rockford, IL, 61104 $30,000 3 2 1,850 0.13 Acre
1113 22nd Avenue, Rockford, IL, 61104 $155,000 3 1 1,200 0.16 Acre
2230 10th Street, Rockford, IL, 61104 $280,000 4 2 -- --
205 Saint Louis Avenue, Rockford, IL, 61104 $215,000 4 2 2,491 0.27 Acre
416 16th Avenue, Rockford, IL, 61104 $189,000 3 1 1,577 0.19 Acre
904 17th Avenue, Rockford, IL, 61104 $220,000 4 4 -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the NorthWest Illinois Alliance of REALTORS®. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 NorthWest Illinois Alliance of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 09/11/2026 @ 15:01

MLS: 202605722 LISTED BY: Victor Tellez, Realty of America, LLC 708-788-1900 SOURCE: NorthWest Illinois Alliance of REALTORS

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