712 N Court Street, Rockford, IL 61103
- Added:
- Jun 22, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 25 at 10:06 am
Property Features for 712 N Court Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 2
- Appliances
- Water Softener
- Standard status
- Active
- APN
- 1123107028
- Size
- 2,980 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- ASSESSORS PLAT BLK 71 PT OF GEORGE HASKELLS 2ND ADDN N 42.61 FT E 256 FT LOT 11 BLOCK 71
- Tax Annual Amount
- 3151
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Shingle
Listing agent Fidel Batres License #475133262 (815) 290-0333
Listing office Keller Williams Realty Signature 4201 Galleria Dr., Loves Park, IL (815) 315-1111
Listing date Jun 22, 2026
Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully updated 3‑unit investment property with renovations including electrical, plumbing, siding, roof, gutters, and fascia.
- HVAC improvements include forced‑air heating and central air, plus updated HVAC systems throughout.
- Updated interior features include new flooring and refreshed bathrooms and kitchens.
- Water softener included; roof is shingle.
- Year built listed as 1900.
- Building is directly across from the Discovery Center Museum and minutes from downtown Rockford.
Overview
The property is located at 712 N Court Street in Rockford, Illinois, directly across from the Discovery Center Museum. It is described as being just minutes from downtown Rockford and close to dining and entertainment, with the scenic Rock River nearby.
With three rental units, this format can support a range of ownership goals, including generating income from multiple units while occupying one unit if desired. The scope of completed updates—covering both core systems and unit finishes—helps reduce near-term maintenance concerns for the next owner. As a for-sale triplex, it is positioned for buyers looking to acquire a renovated multifamily asset in a well-known local area.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.0k | $9.72 |
| − Vacancy | −$1.1k | −$0.37 |
| EGI | $27.9k | $9.35 |
| − OpEx | −$8.4k | −$2.81 |
| NOI | $19.5k | $6.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -89.092271
- Latitude
- 42.278687
