O'Neil Property Group

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$275,000
58 Days On Site

602 7th Street
Rockford, IL 61104

For Sale|Multi Family|Active
3
Beds
3
Total Baths
1880
Built
County:
Winnebago
Listing Courtesy of MRED as distributed by MLS Grid of Realty of America, LLC
602 7th Street602 7th Street602 7th Street602 7th Street
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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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Listing Snapshot
PriceΒ 
$275,000
Days On SiteΒ 
58 Days
BedroomsΒ 
3
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
3
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.08 Acres
Year BuiltΒ 
1880
MLS NumberΒ 
12755899
StatusΒ 
Active
Property TaxΒ 
$2,635
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Active
2 weeks agoPrice changed to $275,000
2 months agoListing first seen on site
General Features
AcresΒ 
0.08
Property Sub TypeΒ 
Multi Family
SewerΒ 
Public Sewer
Water SourceΒ 
Public
Interior Features
BasementΒ 
Partially FinishedFull
HeatingΒ 
Forced Air
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Exterior Features
Construction DetailsΒ 
Brick
Community Features
MLS AreaΒ 
Rockford
School DistrictΒ 
205
TownshipΒ 
Rockford
Schools
School District
205
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Realty of America, LLC



Based on information submitted to the MLS GRID as of 2026-11-08 12:47 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-08 12:47 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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