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Two-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

303 305 307 309 311 Mulberry Street, Rockford, IL 61101

Downtown property combines occupied apartments with multiple storefronts and an in-progress coffee shop buildout.

Property SizeContact for details
Days on Market143

Property Features for 303 305 307 309 311 Mulberry Street

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA, 1 x Studio
Multifamily Units 5

Amenities

Hardwood Floors
Washer
Dryer
Large Kitchen
Lots of cabinet space

Building Details

Buildings 1
Stories 2
Construction brick
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Listed By: Jason Sarwar · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:13PM

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 Berkshire Hathaway HomeServices Crosby Starck Real Estate

Investment Insights

Based on property information with market context.

This two-story brick property combines residential units with street-level retail space in downtown Rockford. The apartment component includes five two-bedroom units and one studio; the residences are fully occupied. Apartment features include hardwood flooring, washers and dryers, large kitchens, and extensive cabinet storage. Water, sewer, and garbage are paid by the owner, while tenants pay their other utilities.

The building contains five storefronts, each measuring 1,350 square feet. Four storefronts are leased, and the remaining space is being built out for a coffee shop. The property is identified by the addresses 303, 305, 307, 309, and 311 Mulberry Street, Rockford, Illinois 61101. A convenience store is also identified as a current tenant.

Key Highlights

  • Five two‑bedroom apartments plus one studio
  • All apartments are fully occupied
  • Five storefronts, each measuring 1,350 square feet

Property Analytics

Current Use

Mo's Coffee and Cafe Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Home Appliance Store Acupuncture

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

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,659
Businesses Nearby

Demographics for 61101, IL

19,784
Population
9,005
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
80%
High-School Grad
41.5 sq mi
ZIP Area
477
Density / Sq Mi
$45,260
Median Household Income
$30,061
Median Earnings
$975
Median Rent
$89,800
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?
Mixed-use property - Downtown property combines occupied apartments with multiple storefronts and an in-progress coffee shop buildout.
Where is this mixed-use property located?
The property is located at 303 305 307 309 311 Mulberry Street Rockford, IL.
What are key features of this property?
This property features: Five two‑bedroom apartments plus one studio; All apartments are fully occupied; Five storefronts, each measuring 1,350 square feet
More about this property
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