515 Toner Avenue Rockford, IL 61103 • Residential - Single Family • Active $150,000

Description

Unique mixed-use opportunity featuring a separate commercial salon/barbershop building and a two-story residential home on a single parcel. The house is 1344 finished sq ft, and the salon 1413 sq ft. The commercial building is currently configured as a 7-station salon/barbershop and includes a welcoming reception/foyer area, full bathroom, and ample storage. The residential portion offers 3 bedrooms, 1 full bath, a walk-up attic with additional storage or expansion potential, and an unfinished basement which contains plenty of storage space, toilet, shower, wash basin, and laundry. This versatile property is ideal for owner-occupants, investors, or entrepreneurs seeking a live-work arrangement or income-producing opportunity. Located within Rockford's Auburn Street Commercial Corridor, the property benefits from proximity to established retail, service, restaurant, auto-related, and neighborhood commercial uses. The area has also been identified by the City of Rockford as a target area for reinvestment and economic development, presenting additional long-term potential. Any furniture, fixtures, equipment, and personal property remaining in the residence and salon at the time of closing shall remain with the property and are included in the sale. Property is being sold as-is. Buyer to verify zoning, permitted uses, square footage, and intended use.

Property Highlights