Investor Special – Brick Ranch on Large Lot with 2 Buildable Adjacent Parcels Don’t miss this unique opportunity to own a solid brick ranch home situated on a lot accompanied by two additional buildable adjacent parcels — perfect for investors or builders. This home features 3 bedrooms, 1 full bath, and 2 half baths, offering a functional layout with plenty of potential. The spacious 2-car garage and finished basement with ceramic tile flooring add great value, there’s even potential for a second kitchen in the basement — ideal for multi-generational living or rental income. Property Highlights: • Solid brick ranch home • 3 bedrooms, 1 full bath, 2 half baths • 2-car garage • Finished basement with ceramic tile and ½ bath • Possible 2nd kitchen setup in basement (cabinets are there -you only need appliances). • Includes 2 buildable adjacent lots • No flood insurance required • Sold AS-IS – Needs some TLC • Cash or Conventional loans only – No FHA/VA financing This is a great opportunity for investors, developers, or buyers looking to expand their footprint. Whether you renovate and resell, build new homes on the adjacent lots, or create a rental income property, the possibilities are there.
Pending
Price cut: $10K (7/18)
$205,000
2916 School St, Rockford, IL 61101
3beds
3,156sqft
Est.:
Single Family Residence
Built in 1959
0.34 Acres Lot
$196,300 Zestimate®
$65/sqft
$-- HOA
What's special
Solid brick ranch homeFunctional layout
- 77 days
- on Zillow |
- 189 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 08:53am
Listed by:
Katarzyna Farokhi 815-713-1100,
Key Realty, Inc
Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202503241

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 193.5
- Dimensions: 15 x 12.9
Bedroom 2
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Bedroom 3
- Level: Main
- Area: 129.8
- Dimensions: 11.8 x 11
Kitchen
- Level: Main
- Area: 217.08
- Dimensions: 16.2 x 13.4
Living room
- Level: Main
- Area: 402.5
- Dimensions: 23 x 17.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Stove/Cooktop, Gas Water Heater
- Laundry: In Basement
Features
- Great Room
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,156
- Total interior livable area: 3,156 sqft
- Finished area above ground: 1,578
- Finished area below ground: 1,578
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 2
Lot
- Size: 0.34 Acres
- Features: City/Town
Details
- Additional parcels included: 1121104001 & 1121104006
- Parcel number: 1121104002
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick/Stone
- Roof: Shingle
Condition
- Year built: 1959
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: City/Community
- Water: City/Community
Community & HOA
Community
- Subdivision: IL
Location
- Region: Rockford
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $66,135
- Annual tax amount: $2,571
- Price range: $205K - $205K
- Date on market: 6/16/2025
- Cumulative days on market: 76 days
- Ownership: Fee Simple
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