Visible changes duplex

Retail-Commercial for Sale
Catylist Listing ID: 30369729
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 2,594 SF
Gross Land Area: 10,000 SF
Sale Price: $80,000
Unit Price: $30.84 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 2,594 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2019

Overview / Comments

Nice duplex consisting of one commercial rental down and one apartment up - great for owner/user. Property will be vacant as of August 1. very motivated seller. There is also a large commercial building on this parcel that is for sale. They can be sold separately but the duplex must sell first. See attached pro forma

Additional Details

Nearest MSA: Freeport
County: Stephenson
Taxing Authority: Stephenson County
Tax ID/APN: 18-14-31-153-029
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Grove
Feet of Frontage: 100
Traffic/Vehicle Count: 5,600
Highway Access: us highway 26
Airports: freeport municpal, rockford regional
Site Description: Nice duplex with endless potential.
Area Description: mix of commercial usages.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,297 SF
Property Condition: Good
Year Built: 1940
Year Renovated: 2010
Roof Type: Hip
Construction/Siding: Brick
Exterior Description: 100 % brick building
Total Parking Spaces: 8
Parking Type: Surface
Parking Description: Property to be surveyed. parking will be for approximately 8 cars.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Window Unit
Interior Description: Very nice rental down with FP and gorgeous woodwork.
Lot Frontage: 100
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: fee eimple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,980 27,536 31,243
Median Age: 35.5 41.99 42.58
Households: 4,566 11,848 13,309

Contact

Photograph of Listing Agent

Brian Borchardt

A-1 Agency ICEx Member
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