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7700 W. Belmont Ave
Chicago , IL 60634
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888 317 9983
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773 664 0013

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Status: Active (For Sale)
Type: Multi Family
Lot Size: 0.02 Acres
Year Built: 1879
Bedrooms: 3
Bathrooms: 3
MLS ID: 12589307


Overview
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Prime mixed-use investment opportunity in the heart of Downtown Rockford! Located on highly visible East State Street, this approximately 3,600+ square foot two-story building offers immediate income with excellent upside potential. The main floor is currently leased to Jimmy John's, providing stable rental income from a nationally recognized brand and generating consistent foot traffic in this busy downtown corridor. The second floor features two apartment units ready for renovation, presenting a strong value-add opportunity. With high ceilings, skylights, and abundant natural light, these units have the potential to be transformed into attractive loft-style apartments that fit perfectly with the growing demand for downtown living. An additional benefit is the convenient public parking lot located next to and behind the building, offering easy access for both commercial customers and future residential tenants. Surrounded by restaurants, shops, entertainment venues, and ongoing downtown development, this property enjoys excellent visibility and a prime location in Rockford's revitalizing city center. Whether you're an investor looking for income with upside or a developer seeking a downtown mixed-use project with character, this property offers tremendous potential.

Courtesy Of: Key Realty - Rockford


Feature Highlights


  • Built Before 1978

General Features


List Date:
03/13/2026

Interior Features


Bedrooms Possible:
3
Rooms Total:
4

Exterior Features and Amenities


Lot Size Dimensions:
00

Financial


Days On Market:
7
Tax Annual Amount:
$4,811.00
Tax Year:
2024

Other Features


Elementary School District:
205
High School District:
205
Middle Or Junior School District:
205
Age:
100+ Years


Directions


Bus 20 west and property will be on the right side

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-03-19
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
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