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11-Unit Brick Apartment Building
For Sale
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2907 La Salle Ave, Rockford, IL 61114

Brick multifamily property with on-site laundry, parking, garages, and rentable storage units.

Property SizeContact for details
Days on Market143

Property Features for 2907 La Salle Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Citypoint Illinois LLC
Listed By: Phu Nguyen · License #IL 475190041
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citypoint Illinois LLC

Investment Insights

Based on property information with market context.

The property is an 11-unit brick apartment building with a consistent unit mix of three-bedroom, 1.5-bath apartments. Nine units are occupied, while two have been taken down to the studs and require full turnover. The exterior facade is in good condition, though the roof is expected to require complete replacement soon.

On-site amenities include 15 parking spaces, eight two-car garages, common-area coin-operated laundry, and storage units that can be rented separately. The building's boiler system is serviced annually and is reported to be in good condition. Located at 2907 La Salle Ave. in Rockford, Illinois, the property offers an established multifamily configuration with several physical components requiring attention or further use.

Key Highlights

  • 11‑unit brick apartment building with eleven 3‑bedroom, 1.5‑bath units
  • 9 units occupied; 2 units require full turnover after demolition
  • 15 on‑site parking spaces and eight 2‑car garages

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Restaurant Spa & Massage Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 61114, IL

15,569
Population
6,599
Households
2.4
Avg Household Size
49
Median Age
47%
College-Educated
95%
High-School Grad
8.1 sq mi
ZIP Area
1,922
Density / Sq Mi
$83,472
Median Household Income
$47,406
Median Earnings
$1,284
Median Rent
$196,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with on-site laundry, parking, garages, and rentable storage units.
Where is this apartment building located?
The property is located at 2907 La Salle Ave Rockford, IL.
What are key features of this property?
This property features: 11‑unit brick apartment building with eleven 3‑bedroom, 1.5‑bath units; 9 units occupied; 2 units require full turnover after demolition; 15 on‑site parking spaces and eight 2‑car garages
(847) 744-5003 Call to check price and availability
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