2522 E State Street Rockford, IL 61107 • Multi Unit - Multiple • Active $255,000

Description

Introducing the historic 'House with the Seven Gables, a truly unique property blending timeless character with extensive modern updates. Currently configured as a duplex, this distinctive home offers a rare opportunity for both investors and owner-occupants. The property underwent a substantial renovation in 2018-2019, preserving its historic charm while updating the major systems. 2018 improvements include a new roof, exterior paint, and all new windows. In 2019, the home received all new electrical, plumbing, and HVAC systems including new ductwork, along with a full interior cosmetic renovation. In 2025, one of the furnaces was replaced under warranty, further enhancing the reliability of the mechanical systems. Each unit features 3 bedrooms and 1.5 baths and includes in-unit laundry, offering comfortable living arrangements for tenants or owner occupants. The lower unit is currently vacant and ready for showings, while the upper unit is occupied by a reliable tenant paying $1,000/month on a month-to-month lease. Additional features include a two-car garage currently used for tenant storage. This property offers the perfect blend of historic architecture and modern fundamentals, making it an excellent opportunity to own one of the neighborhood's most distinctive homes while benefiting from strong rental potential.

Property Highlights