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About the Listing 30273 - 71939
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!
Listing Highlights for 602 7th St
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Basement: Partially Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 39.5x93x39.5x93
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,635
- Taxes w/Assessments: N/A
- Tax/Property ID: 1126283001
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
602 7th St Rockford, IL 61104
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