About This Home

This 0-bedroom, 0-bathroom commercial at 3304 W State Street in Rockford, IL is listed for $232,500. Built in 1930, on a 0.13 acres lot.

Key Features

  • Built in 1930
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
1930
Listing Description

Outstanding mixed-use investment opportunity with exceptional income potential! This well-maintained property features two spacious 3-bedroom, 1-bath residential apartments, making it an ideal addition to any investment portfolio or a perfect owner-occupant opportunity.

The main residential unit has been tastefully updated with a desirable open-concept floor plan, an updated kitchen, luxury vinyl plank (LVP) flooring, and fresh interior paint, creating a modern and inviting living space. Recent electrical updates provide added value and peace of mind.

The property also includes a full basement, offering abundant storage and additional utility space, as well as an extra lot dedicated to off-street parking-a rare and valuable amenity for both residential tenants and commercial customers. Situated on highly traveled West State Street, the commercial storefront enjoys outstanding visibility and is well suited for retail, office, or service-based businesses.

The combination of residential rental income, commercial potential, ample parking, and recent improvements makes this a unique opportunity with multiple revenue streams. Whether you're looking to expand your investment portfolio or operate your business while generating rental income, this versatile property is a must-see. Schedule your private showing today!

Monthly Cost Estimate

$1,243/mo

20% down · 6.5% · 30 years

Principal$168
Interest$1,008
Insurance$68

Estimates only. Actual payments may vary.

Location

3304 W State Street

Rockford, IL 61102

Property Details

Flooring

Vinyl

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3304 W State Street is listed at $232,500. The estimated monthly payment is $1,244 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.13 acre lot, 2 stories.

This property is listed by Brenda Reyes and can be reached at (847) 217-5795.

BR

Brenda Reyes

Agent at RE/MAX Liberty

(847) 217-5795

Listed by RE/MAX Liberty

MLS# 12658758· Source: listhub· 26 days on market

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3304 W State Street, Rockford, IL 61102

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