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Listing provided courtesy of Real Properties Realty Group, Inc.MREDas Distributed by MLSGrid- MLS# 12192720MLS Provider

1228 BroadwayRockford, IL 61104

Commercial · 5,830 Sq. ft.
$75,000 Active

1228 Broadway Overview

Time on Site:
614 days
Visits:
12

Three-story mixed-use building with basement and great street presence. Ground floor used to be a bar. Apartments on the upper floors. Requires renovation, but income potential is there. Attractive streetscape with bump-out curbs and trees. The property is 5,830 sf building on 2,100 sf of land adjacent to other retail shops.

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1228 Broadway Facts & Features

  • Type Commercial
  • Sq. ft. 5,830
  • Price/Sq.ft. $13

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1914

Location/Region

  • County Or Parish: Winnebago
  • MLS Area Major: Rockford

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $4,212.00
  • Tax Year: 2023

General Information

  • Parcel Number: 1126488029
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 5830

General Information

  • Cooling: None
  • Electric: Service - 101 to 200 Amps
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 2100
  • Lot Size Square Feet: 2100

Building Exterior/Construction

  • Construction Materials: Brick, Stone

General Information

  • Number Of Units Total: 3

1228 Broadway Neighborhood

Community

61104 (Rockford) Demographics

34
Median Age
4,135
Population Density (per sq. mile)
17%
College Educated
$27,756
Estimated Median Income
3,006
Estimated Total Home Owners
5,204
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1228 Broadway Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1228 Broadway Market Data

Based on the last 30 days in this zip code

$131,871
Average List Price
$91
Average Price per Square Foot
10
Properties Sold
113
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

1228 Broadway History

Date Event Value Agent
9/1/2025Source: MRED Status Change
Active
8/27/2025Source: MRED Price Reduction
$75,000 -16.7%
8/27/2025Source: MRED Status Change
Price Change
10/28/2024Source: MRED Status Change
Active
10/23/2024Source: MRED Added to Database
October 23, 2024