Rockford, IL 61104

$259,900
MLS #/Web ID: 09469621
09469621

Commercial Property for sale in Rockford, IL

for $259,900 with 1 bedroom. This 10,125 square foot building was built on a lot size of 5564.

Property Information

  • $259,900
  • 1 Bedroom
  • Commercial
  • 10,125 Square Feet
  • Taxes are $4,667
  • 5+ Family
  • Active
  • 3 Floors
  • Lot size of 5564
  • Rockford, IL
  • Winnebago County
  • MLS/Web ID is 09469621

Description

8 1 BR APARTMENTS + 2 STORE FRONTS FULLY LEASED.SEPARATE UTILITIES PAYED BY TENNANTS. NEW (2009)Electric BASE BOARD HEAT FOR ALL UNITES. SOME NEWER PLUMBING/NEWER HWH. FULL USEABLE BASEMENT. OWNER PAYS WATER/SEWER/SCAV/COMMON AREA UTILITIES. OVER $80K IN UPGRADES (PER OWNER). HAVE RECEIPTS. GREAT INCOME, ALWAYS RENTED.

Room Information

  • Basement

Interior 3

Basement

  • Unfinished

Heating System

  • Baseboard
  • Electric

Water Source

  • Municipal

Exterior 4

Construction

  • Brick
  • Concrete

Foundation

  • Block
  • Brick
  • Concrete

Road Frontage

  • City Street

Siding

  • Brick

Miscellaneous 1

Documents

  • Lease Agreement

Rental 1

Tenant Pays

  • Electric
  • Heating
  • Water

† Excluded Feature

Listed By

Broker: RE/MAX PROPERTY SOURCE

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Market Pricing

Average % of sale price Median % of sale price
All listings in Rockford $229,650 12 % below $149,900 42 % below
Commerical listings in Rockford $563,649 117 % above $400,000 54 % above

Get the facts about Rockford, IL!

Population 147,526
Population Growth (since 2000) -4 %
Median Income $38,964
Median Age 37.11
Households w/ Children 29 %

Residential Dwellings

  • Owned 34309
  • Vacant 6130
  • Rented 23651

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