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    Rockford, IL
    Triplex

    Rockford, IL Triplexes for Sale

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    Chicago Heights, IL Loves Park, IL Winnebago, IL Rockton, IL Roscoe, IL South Beloit, IL Pecatonica, IL Cherry Valley, IL
    Renovated Triplex
    Updated: Aug 3
    Renovated Triplex

    712 N Court Street, Rockford, IL 61103

    $289,900
    2,980 sqft
    Three‑unit property with 2,980 square feet
    Extensive updates to electrical, plumbing, ductwork, HVAC, and central air
    Renovated kitchens, bathrooms, flooring, siding, roof, gutters, and fascia
    Located directly across from the Discovery Center Museum
    Built in 1900 with forced‑air heating and central cooling
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    This listing looks promising.

    Here's a quick look at some key insights for

    712 N Court Street, ROCKFORD, IL 61103

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    • Est. Cap Rate

      6.7%
      Above avg (5.9%)

    • Est. NOI

      $20K
      Annual

    • Price @ 7% Cap

      $279K
      Suggested

    • Property Type

      Triplex
      Built 1900
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    Three-Unit Residential Income Property
    Updated: Jun 4
    Three-Unit Residential Income Property

    2910 Chatham Ln., Rockford, IL 61101

    $237,000
    3,750 sqft
    Well‑maintained 3‑unit multifamily with two 3BR/1.5BA units and one 2BR/1BA unit
    Newer windows installed in all units
    New roof and shingle roof material
    Recent updates include new flooring in two units
    New water heaters installed in two units
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    Three-Unit Income Property
    Three-Unit Income Property

    1439 8TH Avenue, Rockford, IL 61104

    $240,000
    4,000 sqft

    For sale residential income triplex totaling about 4,000 square feet at 1439 8th Avenue, Rockford, IL 61104.

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    Fully Updated 3-Unit Investment Property
    Fully Updated 3-Unit Investment Property

    712 North Court Street, Rockford, IL 61103

    $289,900
    2,980 sqft

    Turnkey 3-unit multifamily building with extensive updates including HVAC, central air, kitchens, and bathrooms.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Rockford, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tenant-Occupied Triplex with Outbuildings
    Tenant-Occupied Triplex with Outbuildings

    2143 - 2145 West Galena Avenue, Freeport, IL 61032

    $319,900

    Triplex property with long-term tenants and multiple additional structures on West Galena Avenue.

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    Updated Rooming House Triplex
    Updated Rooming House Triplex

    223 W Locust St, Dekalb, IL 60115

    $245,000

    Updated rooming house with newer mechanicals, 3 updated kitchens, and 5 updated baths in a walkable transit-friendly area.

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    Triplex with Detached Garage
    Triplex with Detached Garage

    204 W Locust Street, Dekalb, IL 60115

    $299,900

    Three-unit triplex with vinyl siding, public utilities, and a two-car detached garage with additional parking options.

    View details
    Tenant-Occupied Triplex with Garage
    Tenant-Occupied Triplex with Garage

    416 S Van Buren Avenue, Freeport, IL 61032

    $53,000

    Tenant-occupied triplex with a detached garage and included refrigerator and stove/cooktop.

    View details

    Rockford, IL Triplexes Market Trends and Statistics

    Explore 4 triplexes for sale in Rockford, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,710 square feet of properties for sale, with an estimated market value of $1,056,800.

    Sale prices for three-family homes in Rockford, IL start at $237,000, averaging $264,200, and reaching up to $289,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 43
    Apartment buildings 9
    Quadplexes 8
    Triplexes 4
    Short term rental properties 1

    Demographics Overview

    Population 201K
    Population Growth (5Y) +5.5%
    Median Household Income $59,464
    College Educated 18.5%

    High-Yield Neighborhoods for Investment

    Identify Rockford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61101 $237K
    61104 $240K
    61103 $300K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Winnebago County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Winnebago County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Rockford fall within the 100,000+ square foot range.

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