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3304 W State Street Rockford, IL 61102

$242,500
New / MLS# 12658758 / Commercial - Business / Rockford
0 Beds

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!

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Baird & Warner John Lyons Agent Cell: 773.558.7133 Email

Property Details

Property Type: Commercial - Business
Cooling: None
Lot Size: 0.13 Acres
Stories: 2.0
Taxes: $1,646
Year Built: 1930

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Fire Protection: Fire Extinguisher/s
Flooring: Vinyl
HVAC: Central Heat/Indiv Controls, Forced Air, Gas
Location: Corner
Lot Dimensions: 5663
Miscellaneous Indoor: Elevator/s Passenger, Laundry Room
Parcel#: 1120278007
Potential Use: Commercial
Units: 2

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Liberty

Listing Office Phone: 630-825-2700



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