720-722 Locust Street
Rockford, IL 61101
5
Bed
2
Bath
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!
Property Details
Map
Map
Features
-
Bedroom Information
Total Bedroom: 5Bathroom Information
Total Baths: 2Room Information
Rooms Total: 13 -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Natural Gas, Forced Air WaterSource: Public
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Building Information
Year Built: 1910
-
Lot Information
Lot Dimensions: 33X73X34X77 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$160000
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Tax Information
Annual Tax: $2039 Tax Year: 2025 Parcel Number: 1122235003
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Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
City: Rockford Direction: Kilburn Ave., head south to Locust St. Turn onto Locust St. and continue to 720 Locust St.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 702 N Independence Avenue, Rockford, IL, 61101 | $192,000 | 3 | 1 | 823 | 823 SqFt |
| 3505 Bently Drive, Rockford, IL, 61101 | $272,500 | 3 | 3 | 3,320 | 3,320 SqFt |
| 2807 Yonge Street, Rockford, IL, 61101 | $152,500 | 2 | 2 | 824 | 824 SqFt |
| 233 Oakwood Avenue, Rockford, IL, 61101 | $119,900 | 2 | 1 | 1,144 | 1,144 SqFt |
| 2714 Ashland Court, Rockford, IL, 61101 | $120,000 | 4 | 2 | 1,380 | 1,380 SqFt |
| 2608 Lorado Lane, Rockford, IL, 61101 | $176,500 | 3 | 2 | 1,756 | 1,756 SqFt |
| 1356 Willard Avenue, Rockford, IL, 61101 | $85,000 | 2 | 1 | 678 | 678 SqFt |
| 610 Oakley Avenue, Rockford, IL, 61101 | $175,000 | 3 | 1 | 1,404 | 1,404 SqFt |
| 410 Albert Avenue, Rockford, IL, 61101 | $85,000 | 4 | 2 | 1,216 | 1,216 SqFt |
| 3207 Darwood Drive, Rockford, IL, 61101 | $124,900 | 3 | 1 | 1,148 | 1,148 SqFt |
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ByOwner last updated this listing 08/28/2026 @ 18:20
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